Report 2017 on customers’ complaints managed by Western Union Payment Services Ireland Limited (WUPSIL)

TRANSPARENCY ON BANKING AND FINANCIAL TRANSACTIONS AND SERVICES – CORRECTNESS OF RELATIONSHIP BETWEEN INTERMEDIARIES AND CUSTOMERS

(Provision issued by Bank of Italy on 29th July 2009 published on G.U. n. 210 on 10th September 2009 – updated on 3rd September 2017)

 

A report on consumers’ complaints is annually drawn up and published in compliance with the provisions of “Transparency on banking and financial transactions and services - correctness of relations between intermediaries and customers" dated 29th July 2009 and subsequent amendments and additions. Such report aims to give account of the handling of consumers’ complaints and appeals to the Italian Ombudsman (so called Arbitro Bancario Finanziario), regarding the Western Union services provided through the network of agents operating in Italy on behalf of the Western Union Payment Services Ireland Limited (WUPSIL).

In detail, the WUPSIL complaints office has registered and managed in 2017 a total of:

Out of 73 complaints about money transfers made in Italy through the network of agencies:

  • 16 complaints have been upheld through the refund of the sum in favor of the customer;
  • 57 complaints have been rejected.

Out of 6 appeals to the Arbitro Bancario Finanziario regarding the service:

  • 4 appeals have been upheld in favor of the customer;
  • 1 appeal was inadmissible;
  • 1 appeal is still pending.

It should be finally noted, for completeness of information, that the transactions subject of complaints are an infinitesimal percentage of the total number of transactions conducted through the network that distributes the service in Italy on behalf of WUPSIL.