Sat | Jun 23, 2018

Western Union, GraceKennedy enter The Bahamas

Published:Wednesday | January 10, 2018 | 2:02 PM

The Western Union Company and GraceKennedy Money Services (GKMS), a subsidiary of GraceKennedy Limited and authorized Western Union agent, have announced their expansion into the Bahamas.

The expansion increases GKMS’ footprint across the Caribbean to 12 countries, which include Trinidad and Tobago, the Turks and Caicos Islands, the Cayman Islands, St. Vincent and the Grenadines, St. Kitts and Nevis, Antigua and Barbuda, Guyana, Anguilla, Montserrat, and the British Virgin Islands.

The Bahamas operations opened for business on December 30, 2017 at Tripoint Communications in Nassau, with GKMS planning to add additional locations during 2018, GraceKennedy said in a release.

“This makes the third consecutive year of entry into new territories with the Cayman Islands in 2015, Turks and Caicos in 2016 and now the Bahamas in 2017,” said Don Wehby, Group CEO of GraceKennedy.

“The Caribbean is very important to Western Union and we are committed to providing our customers with the best service across the region,” said Andre Largie, Country Director, Western Union.

He said GraceKennedy has played an important role in Western Union’s regional strategy “and therefore we are delighted with their expansion in the Bahamas,” Largie said.

GraceKennedy said the opportunity to provide remittance services for consumers in the Bahamas fulfills a combined strategic objective and responds to customer demand for greater access to money transfer services across the region.

- business@gleanerjm.com