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Saturday, December 5 - 2009

Western Union announces strategic relationship with National Exchange Company

  • United Arab Emirates: Tuesday, June 22 - 2004 at 10:49
  • PRESS RELEASE

Western Union Financial Services, Inc., a worldwide leader in money transfer services today expanded its agent location network in UAE with the announcement of its strategic relationship with National Exchange Company.

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  • Western Union announces strategic relationship with National Exchange Company.
    Western Union announces strategic relationship with National Exchange Company.
Customers who visit any of nine National Exchange Company agent locations across the UAE can now send and receive money via the Western Union Money TransferŽ service within minutes, subject to hours of operation and difference in time zones.

National Exchange Company was established in 1983 and it is involved in various forms of draft and telegraphic remittances to many parts of the world, as well as dealing in foreign exchange.

"Western Union and National Exchange Company share a commitment to providing quality customer services and choices," said Hassan Chatila, Business Development Manager, UAE, KSA & Egypt. "Western Union is committed to helping people transfer money when it matters most and by offering our money transfer services via National Exchange Company we are helping people to connect with loved ones from around the world", added Chatila.
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Notes and media contacts

About Western Union Financial Services, Inc., and First Data

Western Union Financial Services, Inc., a subsidiary of First Data Corp. (NYSE: FDC), is an international leader in consumer money transfer services. Consumers can quickly and reliably pay bills and transfer money around the globe using the company's proprietary money transfer network. Western Union and its subsidiary, Orlandi Valuta, together make up one of the world's largest money transfer networks with approximately 188,000 Agent locations in more than 195 countries and territories. Famous for its pioneering telegraph service, the original Western Union dates back to 1851 and introduced electronic money transfer service in 1871.

First Data Corp., with global headquarters in Denver, helps power the global economy. Serving approximately 3.1 million merchant locations, 1,400 card issuers and millions of consumers, First Data makes it easy, fast and secure for people and businesses to buy goods and services, using virtually any form of payment: credit, debit, smart card, stored-value card or check at the point-of-sale, over the Internet or by money transfer. For more information, please visit the company's Web site at www.firstdata.com.

For further press information please contact Khalil Majdalawi or Michelle Hage at tamra C2 on:
Tel. (971) 4 2951177
Fax: (9714) 2951188

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