Western Union money transfer services live at more than 1,400 bank Syariah Indonesia locations

Money By Karen Santos Aug 24, 2021

Customers in Indonesia can now seamlessly send and receive money at more than 1,400 BSI locations in the country, connecting them to their loved ones in more than 200 countries and territories.

Western Union has collaborated with Bank Syariah Indonesia (BSI), a state-owned Islamic bank in Indonesia, to offer its services across more BSI locations in the country.

BSI was founded on 1 February 2021 as a result of merger between state-owned sharia banks which are subsidiaries of larger banks: BRI Syariah (of Bank Rakyat Indonesia), BNI Syariah (of Bank Negara Indonesia) and Bank Syariah Mandiri (of Bank Mandiri). Western Union previously offered its services at more than 650 Bank Syariah Mandiri locations across Indonesia.

According to World Bank, Indonesia is among the top remittance recipients in the East Asia and Pacific Region in 2020. Western Union currently provides its services across more than 20,000 Agent locations[1] across the country.

[1] Network data as of June 30, 2021