Debenhams partners with Western Union to offer global money transfers

Debenhams has signed a partnership with Western Union to offer global money transfers through its existing travel money desks.

Western Union already has a presence in Ryman, John Lewis and Sainsbury’s, and Debenhams will introduce the service at 112 of its stores.

The news comes as the department store reported a profit drop of 84% and an announcement that it would be downsizing 30 of its stores.

Massimiliano Alvisini, general manager of Europe and the CIS for Global Money Transfer at Western Union, said: “Today’s customers are looking for different options to send money or receive money via mobile app, web, retail, kiosk, bank or mobile wallet and we are pleased to extend this choice to customers of Debenhams.”

Andy Newman, head of personal finance at Debenhams, added: “We are really excited to be working with Western Union to provide a fantastic travel money service to our consumers nationwide.

“We now have travel money bureau at over 100 of our stores and will be introducing a total of six more in the coming months.”