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Western Union money transfer services are now available through Millennium Bank network

Western Union money transfer services are now available through Millennium Bank network Western Union, a global leader in payment services, and Millennium Bank, the Romanian subsidiary of the leading private financial group in Portugal, have signed an agreement to make Western Union services available through Millennium Bank’s network covering Bucharest and 16 Romanian counties.

Using the Western Union® Money TransferSM service is easy and convenient and it does not require a bank account. Consumers will be able to perform fast and reliable money transfers within Western Union’s global network in Millennium Bank branches.

“The agreement with Millennium Bank will further strengthen the Western Union network in Romania and expand consumers’ access to our global network of more than 470.000 Agent locations in 200 countries and territories", said Alexandru Badulescu, Country Director of Western Union Romania and Bulgaria.

"By providing access to Western Union money transfer services, we reconfirm our promise to constantly expand our range of high quality products and services in order to meet our customers’ expectations and needs", said Eliza Erhan, Head of Retail Product Development with Millennium Bank.

Both send and receive money transfer services will be available in lei or foreign currency (USD or EUR). Consumers can also send money inside Romania to one of the 4,600 Western Union locations in urban and rural areas.

The Western Union Money Transfer service is available in Romania since 1996.

Millennium Bank, part of the leading financial private group in Portugal, Millennium bcp, started its activity on the Romanian market on October 11, 2007, by simultaneously opening 39 branches in Bucharest and in other eight cities of the country. The bank addresses both individuals and companies, through an extensive range of products.

Millennium bcp is a success story in European banking. Founded in 1985, the group registered, at the end of June 2011, total assets of EUR 100 billion.
Millennium is Portugal's leading private financial group and is included in key national and international stock market indices, in particular the Euronext PSI Financial Services, PSI-20, DJ Eurostoxx banks, Bebanks and Euronext 100, of the Lisbon, Paris, Brussels and Amsterdam Stock Exchanges.

Millennium bcp has a network of more than 1,700 units and a total of above 21,000 employees.

The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. The Western Union, Vigo and Orlandi Valuta branded services are offered through a combined network of approximately 470,000 agent locations in 200 countries and territories. In 2010, The Western Union Company completed 214 million consumer-to-consumer transactions worldwide, moving $76 billion of principal between consumers, and 405 million business payments..

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