The new agent banks join other current Western Union bank agents The Postal Savings Bank of China, The Agricultural Bank of China and China Everbright Bank.
Hikmet Ersek, chief operating officer of Western Union, said: “These regional city bank agent agreements are significant, as each bank is a leader within its locality and brings unique international specialization.
“These signings provide the impetus for Western Union’s regional city presence strategy in China and reinforce our commitment of being where our consumers want us to be.”
In the international money-transfer business, the Bank of Jilin specializes in servicing customers based in Korea, North America and Europe. Bank of Harbin covers Russia, Korea and Japan. Fujian Haixia Bank serves the US and Japan. Zhejiang Chouzhou Commercial Bank covers Europe and the Middle East.
