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September 4, 2015updated 04 Apr 2017 4:01pm

Western Union expands money transfer services to Swaziland

The Western Union Company has further expanded its pan-African network by launching its money transfer services in Swaziland.

By Verdict Staff

The Western Union Company has further expanded its pan-African network by launching its money transfer services in Swaziland.

The service will allow funds transfers to and from Swaziland via its global network of over 500, 000 agent locations in 200 countries and territories globally.

Through this expansion, the company expects to increase its agent network on the continent to more than 34,000 agent locations.

Western Union currently offers services in more than 50 countries and territories on the African continent.

Western Union has partnered with Interchange, a foreign exchange service provider, to deliver cash-to-cash services out of its Swaziland branch in the capital Mbabane, with additional outlets to be launched in Manzini.

Western Union regional vice president for South and East Africa Richard Malcolm said: "According to IMF, Swaziland’s economic performance has improved since the fiscal crisis of 2010-11, and business confidence has started to show signs of improvement. "Formal money transfer services such as Western Union’s will contribute to rebuilding of the economy by providing customers with a reliable and convenient way to transfer money in minutes."

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