Coinstar Money Transfer, a subsidiary of Washington-based Coinstar, a provider of automated retail solutions, has signed an agreement to offer money transfer services in all Poland-based Pocztowy Bank (Postal Bank) locations.
Mohit Davar, CEO of Coinstar Money Transfer, said: “The agreement with Postal Bank to provide their extensive nationwide network of 5,400 locations will enable our customers to receive cash within minutes all over the country and will give Coinstar the opportunity to serve its objective of providing safe and reliable money transfer services to the Polish Diaspora worldwide.
“This agreement gives us the opportunity to work with a large and experienced organization like the Postal Bank, to provide Coinstar Money Transfer services to millions of Polish people living and working in Italy, UK, USA and other countries.”
Tomasz Bogus, president of Bank Pocztowy, said: “We look forward to adding Coinstar Money Transfer to our money transfer product portfolio and offer more convenience to our current and new customers. We are pleased to work with Coinstar Money Transfer in the remittance business.
“Money Transfer is a very important service in Poland for all the families expecting money from abroad and it is our pleasure and responsibility to offer consumers greater choice, convenience and high quality of service.”