VietinBank has become a direct agent of the Western Union Company and will offer the latter’s money transfer services at most of its 850 branches within the next two years.
It is already a sub-agent and currently offers the services at over 700 branches.
“We see a growing demand for money transfer services as Vietnam’s economy becomes more closely linked globally along with the growing number of Vietnamese working and living overseas,” said Nguyen Van Du, Deputy Director General of Vietinbank.
Western Union offers its services at more than 6,600 locations around the country.