Western union developed in Yiwu

Western union developed in Yiwu

The world leader payment service company and exchange company— Western Union has a history of more than 160 years. Western Union has the widest and most advance post net which can remit to over 200 countries and areas. In 1994, Western Union was approved of entering China and had been the first foreign remittance finance agency cooperated The Agriculture Bank of China and China’s Postal Savings Bank. These years, the Jiangsu ,Zhejiang  and northeast people have been migrating abroad brought Western Union great attention. In May, 2010, Western Union signed cooperative agreements with Jilin Bank, Fujian Bank, Zhejiang Chouzhou Commercial Bank and Ha`er bing Bank. The agreements with these four regional commercial banks makes the service net of Western Union covered most developed parts of China. You can also see Western Union developed in Yiwu

Among the expansion of western Union, Yiwu is also one target of it. Then why Yiwu?

Yiwu— the largest wholesale small commodities city. It attracts more than 30 million overseas merchants to come to purchase, the resident foreign reach 13,000 people, the overseas enterprise established 2632 offices with the approval of ZheJiang province .Economic explosive development also let more and more Yiwu local merchants go out at the same time . The foreign merchants converge and locals go out, these two aspects make Western Union developed in Yiwu.

Let us witness how Western Union developed in Yiwu:

On 2004 -10-7   Yiwu news reported: Postal Western Union offers quick service for foreign remittance 

On 2010-06-08  ZheJiang Daily reported: Agriculture Bank Western Union Solve foreigners’ financial difficulties.

On 2010-08-17   Yiwu Xinhua net reported: ZheJiang Chouzhou Commercial Bank provides customers Western Union service.

On 2010-08-24    Miocene Net reported: Western Union alliance remittance layout on the Yiwu market.

These reports indicated that Yiwu Banking and Western Union developed in Yiwu makes Yiwu and all over the world economic and trade exchanges become more closely and convenient . welcome to Yiwu! Welcome to use Western Union!

Thursday, April 5th, 2012

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