Western Union suspends operations in Russia and Belarus

The Western Union Company (NYSE:WU) joins the world in condemning the unprovoked and unjustified invasion of Ukraine. We are all shocked, disbelieving and saddened by this tragedy and humanitarian catastrophe. Our sympathy goes out to the people of Ukraine and our colleagues, customers, agents and partners who have been affected.

Over the past few weeks, our teams have been working to provide the best possible support to our Ukrainian customers, which include the millions of displaced people. This includes donations to support humanitarian relief efforts and free money transfer services.

We also conducted an extensive dialogue with a variety of stakeholders to make the right decision regarding our services in Russia and Belarus. We have thoroughly examined the internal and external aspects, including the implications for our valued colleagues, partners and customers. Given the continuing dramatic impact of the Russian attack on Ukraine, we have taken the decision to suspend our operations in Russia and Belarus.

We join the international community and very much hope for a diplomatic and peaceful solution. In the meantime, our priorities remain the well-being and safety of our employees, as well as continuing to support the people of Ukraine, including the growing number of refugees seeking protection.

WU-G

via Western Union

The Western Union Company (NYSE:WU) is a global leader in cross-border, cross-currency money movement and payments. Western Union’s platform enables seamless cross-border payment flows, and the company’s leading global financial network connects more than 200 countries and territories and over 130 currencies. We connect consumers, businesses, financial institutions and governments through one of the world’s most expansive networks, providing access to billions of bank accounts, millions of digital wallets and cards, and an extensive global network of retail locations. Western Union connects the world to make limitless possibilities within reach. Visit www.westernunion.com for more information.

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