Friday, May 6, 2016

Special Cover on 15 Years of Collaboration of Western Union and India Post - 13th April 2016.

The Western Union Company is an American financial services and communications company. Its North American headquarters is in Meridian, Colorado. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services transacting in more than 130 currencies in over 200 countries and territories.


As a result of the collaboration of the Department of Posts with the Western Union Financial Services and MoneyGram International, a state of the art International Money transfer Service is available through the Post Offices in India, which enables instantaneous remittance of money from around 195 countries and territories to India. The recipients can in fact collect the money in minutes after the sender has made the remittance. Western Union and India Post complete 15 years of a successful public private collaboration this year and this has developed a conducive financial eco-system in India.

Western Union India and South Asia MD and regional vice president Kiran Shetty and India Post Member (Banking and HRD) MS Ramanujan released a special postal cover during a programme organised to celebrate 15 years of collaboration between Western Union and India Post on 13th April, 2016 at New Delhi.