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Coinstar Money Transfer in remittance deal with China Construction Bank

Friday 10 July 2009 11:34 CET | News

Remittance services provider Coinstar Money Transfer (CMT), a subsidiary of money transfer, self-service coin counting and electronic payment company Coinstar, has signed an agreement with China Construction Bank (CCB).

Under the terms of the deal, Coinstar’s money transfer service has been made available in approximately 1,500 CCB branches across 24 Chinese provinces. The two companies are planning to make the service available in 13 additional provinces with around 1,000 additional CCB branches.

CMT provides both a cash pay-out service via the CCB branches and a direct bank deposit service to all the banks in China within the CMT system.


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Keywords: Coinstar Money Transfer, China Construction Bank, remittance, Coinstar, money transfer, China
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce