Western Union Business Solutions, a provider of global payment services, announces a new agreement with DriveWealth to give individual investors greater access to the U.S. stock market. The new partnership will allow individual investors to fund their DriveWealth U.S. investment accounts from their domestic or international bank accounts in many available currencies, at the touch of a button.
Individual investors will now have the option to send money through Western Union Business Solutions’ bank transfer service. This will allow investors to fund their DriveWealth account in the available currency of their choice directly from their own bank account, which will then be converted to U.S. dollars.* Through the new agreement, investors should have a reliable and efficient way to initiate electronic transfers.
“In today’s markets, investors want to access opportunities immediately and need to be able to trade instantly. Western Union Business Solutions is committed to helping its clients move money for better across the world, quickly and efficiently. This agreement will help to make the U.S. stock market more accessible to individual investors at the touch of a button, providing them with greater opportunities to grow their personal wealth,” said Kerry Agiasotis, President atWestern Union Business Solutions.
“DriveWealth provides individuals around the world with unprecedented access to the U.S. stock markets. With bank transfer services provided through Western Union, we’ve made it even easier for investors to fund their accounts,” saidRobert Cortright, founder and CEO of DriveWealth.
* Western Union Business Solutions makes money from currency exchange