Sainsbury’s Bank Travel Money: Family & Friends Benefit from Peak Christmas Money Transfers

Sainsbury’s Bank Travel Money: Family & Friends Benefit from Peak Christmas Money Transfers

The number of money transfers made within the UK and abroad increases steadily towards Christmas. The 23rd December is  the most popular day for customers to send money  in 2015, according to figures compiled by the Western Union® Money Transfer service for Sainsbury’s Bank Travel Money located in a Sainsbury’s store. The average amount sent in any one transfer during November and December was £250.

While the popularity of the service starts to ramp up during November, the busiest overall week for transfers through the Western Union® Money Transfer service at Sainsbury’s Bank last year was from 14-20 December.

In terms of the number of transfers, the top destinations customers sent money to included Zimbabwe, Romania and the Philippines. By value, however, the top destination was India with the UK, Thailand and Romania close behind.

Simon Taylor, Sainsbury’s Bank Travel Money, said: “December sees a definite increase in both the number and value of transactions. Some of these may be regular, planned transfers to support family members, for example, but many customers are also using the service to send money to friends and family over the holiday season”

The Western Union® Money Transfer service is available seven days a week at over 230 Sainsbury’s Bank Travel Money bureaux nationwide, combining the convenience of your local Sainsbury’s store with the reliability of Western Union’s customer to customer money transfer service. Transfers are ready to collect from over 500,000 Western Union agent locations in more than 200 countries and territories around the world.

 

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