BanCoppel and Western Union announced a new service for customers in Mexico to receive remittances digitally. Through the BanCoppel mobile app, which is available for Android and iOS, customers who receive cash remittances up to $2,999 per day and $3,000 per calendar month from abroad will be able to deposit them in their BanCoppel bank account. This new service is part of the long-standing collaboration established in 2013 for BanCoppel to offer Western Union global money transfer services. To access it, customers in Mexico must have an active account and a digital services agreement with BanCoppel, which they can set up at any local BanCoppel branch in the country.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on WU:
- Western Union price target raised to $11 from $10 at Barclays
- Western Union sees FY24 adjusted EPS $1.65-$1.75, consensus $1.68
- Western Union reports Q4 adjusted EPS 37c, consensus 37c
- WU Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Western Union downgraded to Underperform at Wolfe on potential estimate cuts