GraceKennedy Money Services (GKMS), the authorized agent of Western Union, has expanded operations into the Cayman Islands.

According to Cayman’s Minister of Financial Services and Commerce, Wayne Panton, the re-establishment of Western Union’s money remittance services, through GKMS, fills an important community need. He says he is “pleased – after a lot of hard work and effort by Government colleagues in particular – to extend a warm welcome to GKMS, and applaud the return of Western Union to the Cayman Islands”.

Meanwhile, Chief Executive Officer of GraceKennedy Group, and Chairman of GKMS Caribbean, Don Wehby says the return of GKMS to the Cayman Islands, “is in keeping with GraceKennedy’s strategic vision of becoming a Global Consumer Group delivering long term consumer and shareholder value, through brand building and innovative solutions in food and financial services, provided by highly skilled and motivated people”.

And Managing Director of Scotiabank & Trust (Cayman) Ltd, Sloane Muldoon says “Scotiabank is proud to partner with GraceKennedy and Western Union to deliver money transfer services to the residents of the Cayman Islands.” Muldoon says “Scotiabank continues to see the Caribbean region as an important part of our international footprint and this announcement demonstrates our continued commitment to the Cayman Islands community”.

GraceKennedy Money Services now represents Western Union in ten countries across the Caribbean, the other nine being Jamaica, Trinidad and Tobago, Guyana, St. Vincent and the Grenadines, St. Kitts and Nevis, Antigua and Barbuda, Anguilla and Montserrat and the British Virgin Islands.

GKMS will initially have a total of four locations in Grand Cayman and one in Cayman Brac. BM