Wells Fargo has expanded its
ExpressSend remittances service to eight countries in Latin
America: Honduras, Nicaragua, the Dominican Republic, Colombia,
Ecuador, Peru, Bolivia, and Argentina.
ExpressSend initiative was launched by Wells
Fargo in 2007 and currently serves the Philippines, Mexico,
Guatemala, El Salvador, China, India and Vietnam.
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Additionally, Wells Fargo has added
Telecomunicaciones de México – one of the largest
telecommunications companies in Mexico – as a new paying agent.
Customers can now remit to an additional 1,560 new payout locations
in Mexico, bringing the total payout locations to more than 5,500
locations.
“The expansion of our consumer remittance
network in Latin America reflects on our long-standing commitment
to satisfying all of our customers financial services needs,” said
Daniel Ayala, executive vice-president of global remittance
services at Wells Fargo.
“Our Hispanic customer base is made of
immigrants from a number of Latin American countries. Wells Fargo
wants to be the bank of choice for this important consumer
segment.”
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