MoneyGram and Bank of China Launch 24-Hour Receive Service
Receivers can access funds in a range of currencies
SHANGHAI, Sept. 1, 2015 /PRNewswire/ -- MoneyGram customers in China can now receive funds from around the globe at any time through a new account deposit service with Bank of China. The innovative self-service channel -- which includes website, kiosk and tablet access – enables customers to receive MoneyGram transactions into their Bank of China accounts 24 hours a day.
"MoneyGram's launch with Bank of China means that our customers in China can conveniently receive funds with the click of a few buttons," says Grant Lines, MoneyGram's executive vice president Asia Pacific, South Asia, Middle East and Russia. "This makes money transfers easier for our customers and also expands the company's self-service offerings around the world."
Receivers can access funds in a range of currencies including the U.S. dollar, the pound, the euro and the Australian dollar through their Bank of China accounts. Bank of China is one of the five-largest commercial banks in the country and is the oldest bank in mainland China.
About MoneyGram International, Inc.
MoneyGram is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.
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SOURCE MoneyGram
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