Malaysia's CIMB Bank to offer Western Union online

Money transfer services through internet banking will be for the first time offered to the customers of Malaysia. Malaysia's CIMB Bank this week became the second bank in the world after Canada's Scotia Bank to offer Western Union money transfer services online.

Under the deal CIMB Clicks users will be enabled to send cash anytime, anywhere with secure online access. Recipients in turn will be able to access their cash at any of the 355,000 Western Union agent locations in over 200 countries and territories within minutes.

"Western Union is committed to being where our customers need us to be and available when they need us. Increasingly, Malaysians are part of a global world with family and friends living, working and traveling away from home. This is a welcome convenience for busy individuals as they can send cash anytime without the hassle of visiting a bank branch during office hours," said Sunil Balagopal, Regional Vice President, Southeast Asia, the Western Union Company.

At the moment over-the-counter money transfer services are offered by Western Union via over 1,200 authorized service provider locations in Malaysia.