The Western Union Company has struck a deal with MasterCard and Banca Transilvania (BT) to channel international remittances to Maestro and MasterCard cardholders in Romania.
The tripartite agreement will allow cardholders to withdraw international remittances from more than 900 BT owned ATMs in Romania.
Western Union said that it intends to activate the service later this year.
The move is part of Western Union’s strategy in giving customer’s choice as well as directing global remittances into account-based channels.
Western Union president of the Americas and European Union Odilon Almeida said: "This is a ground-breaking deal which brings together the unique capability of Western Union’s global cross-border capability spanning 200 countries and territories, MasterCard’s world-leading payment capabilities and the domestic network of Romania’s third largest bank.
"Senders will still be able to use any of Western Union’s global cash or digital pay-in options. Now MasterCard and Maestro cardholders in Romania will be able to withdraw these funds quickly in cash or load the funds directly onto their cards."