Guatemala: Every Payment Expands Services

Company forms an alliance with two remittance operators in the United States, through which residents will be able to send their money.

Tuesday, February 10, 2009

Sigloxxi.com publishes in its website: "But that is not all, every payment process will manage the expectations that the sender entrusts is part of the remittance sent to the recipient. For example, a client in the United States might send $1,000 to his family, but ask that the payment is used for the electricity, water, and telephone services among others. Each transaction would have a cost from among $2 to $4 depending on the amount, conditions, and type of bill-something that is not alien to migrants, who themselves are used to these type of surcharges at non-banking agencies," adds Cheves.

More on this topic

Trends in Banking Services

October 2011

New technologies will be the basis for changes affecting users of financial services in the future.

Accessing your account from Facebook and financing being offered at the time you buy a product are some of the innovations that we could be seeing in the coming years in the banking industry.

Panama: Extension Requested for Brokerage Consulting Biddding

November 2010

The companies interested in participating asked the Public Utilities Authority to extend the deadline.

The bid is for a $ 1.3 million consultancy contract in the sale of share packages from Empresa de Distribución Eléctrica METRO-OESTE, S.A., Empresa de Distribución Eléctrica ELEKTRA NORESTE, S.A. and Empresa de Distribución Eléctrica CHIRIQUÍ, S.A.

Bridgestone Opens Financial Center in Costa Rica

June 2011

The center will provide financial services to the whole of Latin America, and will begin by hiring 100 people.

Company representatives have announced the selection of Costa Rica for the installation of its financial services center, where it will serve all countries in Latin America.

Law of Financial Intermediaries modified in El Salvador

August 2008

Starting in January 2009, credit cooperatives and federation will be able to issue credit cards and checkbooks with the approval of the Financial System Superintendence.

The Legislative Assembly, in full session, approved the observations that the President of the Republic, Elías Antonio Saca, made to the Law of Non-bank Financial Intermediaries.


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