Penza, 11 February 2014. PenzaNews. Penza Bank Kuznetsky began to work with the system Western Union, giving its customers fast, reliable and convenient way to transfer money without opening an account.

“Western Union is an international money transfer system operating in the market since 1871. Transfer of funds is carried out by a unique worldwide computer network using the latest electronic technology,” the press service of the financial institution told news agency “PenzaNews.”

The bank added that there are four main advantages of Western Union system.

“First of all, it is speed — the money can be received in a few minutes after sending. Second o all, the important thing is reliability — each remittance is protected by the security system that guarantees the funds will be received only by the addressee. In addition, each remittance is accompanied by a reference number. Thirdly, the system is convenient because neither the sending nor the receiving person needs to open a bank account. At the same time the commission is charged only to the sender. Another advantage of the system is a wide network of offices around the world,” the press service explained.

As the chairman of Bank Kuznetsky Mikhail Dralin noted, Western Union has gained trust of thousands of people, as they have already tested its safety and reliability.

“Expanding the partnership with Western Union will favorably complement the services offered by Bank Kuznetsky in the sphere t of instant money transfers and payments. Our additional service line allows those who are far away from their friends and relatives showing their care or just making a gift by selecting the most appropriate way of a transfer with the most favorable conditions and rates,” he explained.