Thursday, 18 April 2019

Western Union Launches Online Money Transfers in Jordan Wu.com

April 14, 2019

Western Union, a leader in cross-border, cross-currency money movement, has launched wu.com in Jordan, in association with Jordan Kuwait Bank (JKB), one of the leading banks in the country, enabling customers in Jordan to send online international money transfers 24/7, with a few clicks to more than 200 countries and territories.

Customers in Jordan using Western Union’s online money transfers have multi-channel choice for their receivers– the funds can be credited directly to billions of bank accounts in nearly 100 countries and territories, or can be paid out in cash at Western Union’s retail network of more than half a million Agent locations in more than 200 countries and territories, or into mobile wallets worldwide, where available.

“Western Union understands the importance of maintaining a multi-channel approach to servicing a multi-generational user base. We are one of the largest digital money movers and are uniquely positioned to connect the cash and digital worlds across platforms, devices, borders and currencies,” said Hatem Sleiman, Regional Vice President, Middle East, Pakistan and Afghanistan, Western Union.

“It has been a privilege to launch  in collaboration with Jordan Kuwait Bank, together we are innovatively advancing digital services and expanding money transfer options for customers,” he said.

“In line with the directives of the Central Bank of Jordan and the National Payments Council to achieve financial inclusion in Jordan and activate the role of electronic financial transfers, JKB is delighted to collaborate with Western Union and serve the diverse money transfer needs of customers. Our vision is aligned with that of Western Union - to enhance our electronic offerings to enable customers to carry out all their financial transactions swiftly, reliably, efficiently and with the highest levels of quality,” said Haethum Buttikhi, Head of Retail & Private Banking, Jordan Kuwait Bank. “Jordan Kuwait Bank continues to advance our service offering to be aligned with our customers’ expectations, whether through our e-banking offerings or in person at our branches.”

To commemorate the start of the service, Western Union has announced a preferential launch transfer fee for sending through wu.com/jo. Customers can send up to JOD 3500 per day and fund their transactions online through bank transfers from their bank accounts set up in Jordan.

In line with Central Bank of Jordan regulations, prior to the first use of the online service, customers are required to register on wu.com/jo, then verify their online account in-person at one of 64 Jordan Kuwait Bank branches across the Kingdom. Acceptable ID’s include valid national ID card, military card and passport.