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Stock impact report

Western Union Resumes Service Between the United States and Cuba

Western Union Company (The) (WU) 
Last western union company (the) earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--Western Union, in coordination with its processing partner Orbit S.A., today announced the resumption of its service from the United States to Cuba, effective immediately.With service reinstated, Western Union customers are now once again able to send money from any U.S. retail location, WesternUnion.com or the Western mobile app to close family in Cuba with bank and debit card accounts at the following banks in Cuba: Banco Popular de Ahorro, Banco Metropolitano S.A. and Banco de Credito y Comercio (Bandec).“We understand our service is a crucial connection between those living in the U.S. and their family living in Cuba,” said Rodrigo Garcia Estebarena, President, Western Union North America and Latin America. “We are pleased to resume service to this vital corridor and provide essential money transfer services to those living on the island.”Service DetailsFunds can be received into bank accounts and debit cards only. Service is limited to consumer money Show less Read more
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