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Article: Wells Fargo Becomes First Major U.S. Bank to Offer Remittance Services to China, Vietnam; Expands Services to Philippines.
- Article from:
- PR Newswire
- Article date:
- October 24, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN FRANCISCO, Oct. 24 /PRNewswire-FirstCall/ -- Wells Fargo & Company said today it has become the first major U.S. bank to offer consumer remittance services to China and Vietnam and has expanded its consumer remittance services to the Philippines, further strengthening its goal of being the leader in offering new financial products and services to better serve the U.S. Asian community.
The new offerings are:
-- China -- Wells Fargo and Agricultural Bank of China (ABC), one of the
largest banks in China, are offering an account-to-account remittance
program. Customers in the United States can send up to $1,000 a day to
China for $8. ...