Western Union, Societé Générale International extend money transfer agreement

Western Union, a leader in global payment services, and Societé Générale, one of the largest financial services groups in Europe, has announced an agreement that will introduce the Western Union Money Transfer service in Societé Générale International Retail Banking’s network in new countries across Europe – excluding metropolitan France – and CIS, Africa and Asia Pacific

Societé Générale International Retail Banking already offers Western Union services in more than 2,500 locations across 25 countries.

A statement received by GNA on Friday said the agreement was an extension of the two companies’ successful collaboration across Europe and Africa.

“We’re looking forward to combining our strengths in Asia Pacific and the Commonwealth of Independent States,” said Hikmet Ersek, CEO and President, Western Union.

Societé Générale and Western Union share a centuries-old heritage as well as global presence.

“This renewal, and more importantly, the extension of our relationship into more countries, builds on our past success and global infrastructure,” Ersek said

“Renewing the global agreement with Western Union will allow us to expand our relationship to more markets. Therefore, we will better serve our clients with complete solutions, which is at the heart of our business,” said Jean-Louis Mattei, Head of International Retail Banking at Societé Générale.

The relationship between Societé Générale and Western Union has grown rapidly since the first Western Union Money Transfer agreement was signed in 1998, and distributed by African Press Organisation on behalf of Western Union.

Source: GNA