Bulgaria-based DSK Bank and MoneyGram have rolled out a new international money transfers service that allows the bank’s customers to securely conduct money transfers using a mobile device.

With the new service, all DSK Bank’s account holders in Bulgaria – who use digital channels – can now receive international money transfers from any MoneyGram agent location in over 200 nations and regions, round the clock.

DSK customers will also be able to make money transfers from their own accounts to MoneyGram agent locations across the globe.

MoneyGram regional director for the Balkans Radu Pojoga said: "With the launch of the mobile service, MoneyGram strengthens its commitment to Bulgarian customers by offering convenient and innovative services.

"The new digital solution reflects the company’s long-term goals to make money transfers easier and faster for customers wishing to connect with loved ones.

"MoneyGram is proud of the role it plays in enabling families to pay for life’s emergencies and essentials, to open businesses, or to help them celebrate a special occasion."

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DSK Bank has become the only bank in Bulgaria currently offering Cash-to-cash, Cash-to-ATM and Cash-to-mobile Money Services, with the roll out of the new facility.