Western Union reopens after two months

Western Union has reopened two months after it suspended operations in Antigua and Barbuda.
The specific reasons the money transfer agency closed are still not clear.
 Western Union was reportedly told by the local anti-money laundering authorities that it needed to do more to comply with systems and protocols.
Noel Greenland is Senior Vice President  Customer Relations at Grace Kennedy Money Services (the agents for Western Union).
He said in a statement “The enhancement that we have done is far more precious that the money that we would not have earned. A business needs to ensure that it is properly tight and secure, first and foremost before we talk about money and so from where we sit we are very comfortable that the system and the enhancements that were done will give us that peace of mind and that comfort.”
It is not certain whether all three branches will reopen at once.
The service is especially popular with the immigrant community here who send and receive money to and from people abroad.

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  1. According to the PM, Antiguans and Barbudans are in the minority in their country of birth. With Western Union reopening it doors of operation, the immigrant populations who are now in the majority will be sending out more money than what revenue collected by the government. Mr. PM, you now need to increase the wire transfer tax for sending money out of the country.

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