As it became known, Wells Fargo has expanded its ExpressSend remittance network in Mexico through an agreement with Houston-based Transnetwork Corporation. Thus far the company is adding over 4,000 payout locations in Mexico for a total of more than 9,000 locations. These additional outlets have significantly widened Wells Fargo's remittance payout network in Mexico.
Among others, there are Soriana and Famsa, the two new retailers added. Besides, Banco Santander and Banco del Ahorro Nacional y Servicios Financieros (Bansefi) are the latest bank additions to the Wells Fargo ExpressSend remittance network in Mexico.
The remittance payout network in Mexico also includes BBVA Bancomer, HSBC Mexico, Banorte and Telecomm Telegrafos.
From now, Wells Fargo can offer more payout locations than any other US bank-managed remittance service in Mexico.
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