Western Union said Monday it has restarted outbound money transfers from Greece to more than 200 countries and territories, although caps remain on how much customers can send out of the country.
The Greek government is imposing a limit of 500 euro, the equivalent of $561 at current exchange rates, on monthly transfers per customer.
Transfers by Western Union’s agent in the country, WorldBridge Payment Institution, will be supervised by the Bank of Greece.
Western Union, which is based in Douglas County, but restrictions remained in place on outbound transfers as the government sought to keep capital from leaving.
“Together with our agents, we have been working hard to restore Western Union services fully in Greece. This has been a priority for us since the commencement of the enforced bank holiday in late June as we have sought to help our customers in Greece through this difficult financial time,” Giovanni Angelini, Western Union’s general manager for Europe, said in a statement.
