Wal-Mart Lowers the Cost to Transfer Money to Mexico Just In Time...

Wal-Mart Lowers the Cost to Transfer Money to Mexico Just In Time for Mother’s Day… Send Mom Your Love!!

Every Day Low Transfer Fee to Mexico Makes Mother’s Day Extra Special on Both Sides of the Border


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Bentonville, AR–(HISPANIC PR WIRE)–May 04, 2004–Wal-Mart just made it more affordable for customers to send money to Mexico to honor their mothers and loved ones this Mother’s Day.

Wal-Mart offers MoneyGram(R) money transfers at the Service Desk of every Wal-Mart store across the country. The money transfer fee is exclusive to customers who utilize MoneyGram(R) services at Wal-Mart stores, maintaining Wal-Mart’s commitment to every day low prices. Through our relationship with MoneyGram(R), customers in the United States can send funds to Mexico for a flat fee of $9.46 for all amounts up to $500 with a competitive exchange rate. This new every day low price will save customers more than 40% in transfer fees compared to the previous Wal-Mart price just in time for Mother’s Day.

“We are proud to offer this low-cost money transfer service to Mexico at all our stores across the country” says Peggy Knight, Sr. Director, Product Marketing for Wal-Mart Financial Services. “We have a commitment to offer convenient and affordable services that fulfill the basic financial needs of our customers.”

Customers visiting their local Wal-Mart in preparation for Mother’s Day will see just how easy, convenient and affordable it is to show their Moms how much they care. With a visit to the Service Desk, money can be sent to Mexico in just a few minutes, and family members can pick it up in Mexico at their local Wal-Mart, Bodega Aurrerá, Superama, Suburbia, or at many other convenient MoneyGram(R) locations. Additionally, senders will receive a complimentary three-minute phone call to notify family members that the money is on the way. Family members who pick up their money at Wal-Mart, Bodega Aurrerá, Superama and Suburbia locations in Mexico from now through June 3 will also receive a 40-peso in-store certificate.

Almost one-third of the Hispanics living in the U.S. send money to their families residing in their country of origin. The most important time for sending money to Mexico is around Mother’s Day. MoneyGram(R) money transfers are also available for Latin America and the Caribbean. Transfer fees for these countries vary, but are also available at the Service Desk at an every day low price.


Wal-Mart Stores, Inc. operates in all fifty states. Internationally, the company operates in Puerto Rico, Canada, China, Mexico, Brazil, Germany, United Kingdom, Argentina and South Korea. The company’s securities are listed on the New York and Pacific stock exchanges under the symbol WMT. Last year, Wal-Mart Stores, Inc., contributed more than $150 million to support communities and local non-profit organizations. Customers and associates raised an additional $70 million at stores and clubs.

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CONTACT:

Lopez Negrete Communications

Carla Molina

832-295-2199

Wal-Mart Lowers the Cost to Transfer Money to Mexico Just In Time for Mother’s Day… Send Mom Your Love!!