MoneyGram (MGI) Enters Transfer Deals with Two Large Venezuelan Exchange Houses

April 10, 2012 7:01 AM EDT
MoneyGram International (NYSE: MGI), has added two of the largest foreign currency exchange houses in Venezuela to its money transfer network – Casa de Cambio Angulo Lopez and Venegiros Casa de Cambio. Combined with the company’s existing agent Italcambio, MoneyGram’s network now includes three of Venezuela’s top five currency exchange companies, bringing the number of MoneyGram locations in Venezuela to 100.


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