Postbank receives Western Union’s award for sustainable business growth

Postbank has been bestowed the special Sustainable Business Growth 2018 award by Western Union, a global leader in cross border consumer money transfer services. The bank was recognized for the development of payment services in the country in Bulgaria, partners of Western Union. The award was given for the well-conducted and professional approach, know-how, hard work and overall contribution of Postbank to the development of the business sector in Bulgaria, Western Union Regional Business Team in Bulgaria says.

Postbank is a leader in the provision of Western Union payment services among the banks in Bulgaria. The number of the bank’s branches offering money transfers via Western Union has tripled to over 400 in the last few years. The service is convenient, easy to use, accessible 24/7 and applicable for transactions from around the world Western Union operates in. For that purpose, the receiver of Western Union transfers must have a debit card issued by the bank. Postbank’s clients can currently use the service via over 500 ATMs across the country.

“In the dynamic world we are living and working in, it is really important for us to help our clients to fast and easy receive and send funds from and to any corner of the world. We are proud that we have been awarded for yet another year as a leading partner of the global leader in monetary transfers, Western Union, in Bulgaria. As one of the fastest growing banks on the market, we are striving to offer various options in order to facilitate our clients by providing them with access to Western Union’s global network from an increasing number of locations. We are to continue working in this direction relying on the increasingly wider branch network Postbank started managing after the successful merger with Piraeus Bank Bulgaria”, Postbank commented the award.

This has been the third consecutive award the bank receives from Western Union, the first one being the Business Development 2016 award. It was given for the high quality of the services provided in all branches of the financial institution in the country and for the hike in transactions. Postbank won the second special award for innovations in 2017 as a recognition of the option to receive Western Union money transfers via all Postbank ATMs in Bulgaria.

Western Union is a service facilitating sending and receiving money around the world via fast and reliable money transfers. The company operates a network of over 525,000 Western Union branded agent locations in over 200 countries and territories. The services Postbank and Western Union provide are money transfers from foreign countries to Bulgaria, money transfers from Bulgaria to foreign countries and money transfers between locations in Bulgaria. More information about Western Union’s services is available on Postbank’s webpage (