Banks dabble in international money transfers in Tennessee
Tagged: Mexico, money transfer, remittance, Western Union“For Suarez, her decision comes down to avoiding perceived hassles such as more identification required by banks, and her brother having a wider choice of convenience stores, furniture stores, banks and other agent locations in San Luis Potosi, Mexico, to pick up the cash. “I already have a preferred gold card,” she said, referring to a Western Union customer loyalty program.
Suarez’s preference reflects the challenge U.S. banks face in capturing a larger share of the remittance business, which for Mexico involves people working in the United States sending $20 billion a year back home.”
Fuente Traducido: usando Google o Altavista/Babel Fish
Curation from Tomás
Filed Under: 1. Hispanic News, Business
