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Money transfers sent through official banking channels can facilitate financial sector development in a number of ways:

 

  Brand awareness
    With more than four times the number of ATMs than bank branches in the world., an ATM is both a billboard for the bank as well as an anchor to the customer's relationship with their financial institution. With 2 million ATMs worldwide, the ATM has the potential to be the ultimate customer-facing technology and brand messenger.
 

  Cross-selling opportunities
    Customers who use bank ATMs can gain access to other financial products and services offered at the ATM allowing more time to focus on relationship building and cross-selling activities.
 

  Target informal MTO customers
    A recent poll found that 75% of Western Union's customers have bank accounts; we believe the same is true for Moneygram International customers. Some of these same customers might already bank with you.
 
 
 
 
 

 

 
 

 

 

 

 

 

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