Who's Wiring Dollars Back to Mexico WESTERN UNION transfers at least $1.25 billion annually via the Mexican telegraph office, Elektra retail chain, Woolworth stores, Promex and Bital banks, and long-distance bus line offices MONEYGRAM sends at least $500 million through Banamex, Mexico's largest bank ORLANDI VALUTA, with 2,000 agents in the U.S. and Mexico, launched a joint venture in April with Western Union U.S. POSTAL SERVICE is marketing transfers with Mexico's No.2 bank, Bancomer DATA: BUSINESS WEEK Return to main story

Updated June 15, 1997 by bwwebmaster
Copyright 1997, by The McGraw-Hill Companies Inc. All rights reserved.
Terms of Use