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Payments General

MoneyGram renews agreement with Mountain America Credit Union

Wednesday 28 August 2013 | 10:05 AM CET

MoneyGram has renewed its official cheque processing agreement with financial institution Mountain America Credit Union.

MoneyGram’s agreement with Mountain America includes the signing of a multi-year contract extension to offer processing and program management for Mountain America’s official bank cheques.

The agreement leverages MoneyGram’s PrimeLink Official Check outsourcing solution, which includes daily balancing and reconciliation, inventory management, real-time updates and an online platform.

In recent news, MoneyGram has signed an agreement with Southeast Bank Limited (SEBL), a Bangladesh-based private financial institution.

More: Link
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