MoneyGram has expanded its agent network with the addition of Bank Asya, a Turkey-based financial institution, to provide money transfer services at 160 branch locations in Turkey.
In addition to serving Bank Asya’s approximately 3 million account holders, MoneyGram money transfer service will also be available to customers without accounts. Customers can walk into any of Bank Asya’s 160 branch locations to send and receive international money transfers to or from MoneyGram’s 190,000 agent locations in 190 countries and territories around the world.
Moreover, MoneyGram money transfers in Turkey can be collected in Euros or US dollars.
John Hempsey, executive vice president for Europe, the Middle East, Africa and Asia Pacific at MoneyGram, said: “We are delighted to expand our network in Turkey with Bank Asya and find creative solutions for bringing the ease and convenience of money transfer to more people around the world. We are committed to this region and we will continue to establish more locations and pursue new technology avenues for remittances such as transfers to mobile phones, prepaid cards or ATMs.
Hasan Unal, executive vice president for retail banking at Bank Asya, said: “We are introducing MoneyGram’s money transfer services across our network in Turkey and we’ve set high standards for our service and will work to distinguish our branches as preferred MoneyGram agent locations.”