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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