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Ria Money Transfer

@riamoneytransfer.com

Ria Money Transfer is one of the largest international money transfer service providers in the world.

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Ria Money Transfer is a global money transfer company headquartered in Buena Park, California, United States. It was founded in 1987 in New York City as a subsidiary of the Spanish finance and retail corporation, Grupo Financiero Coppel. Ria's headquarters in the United States manages its operations across North America.


Ria Money Transfer offers a range of services including international money transfers, bill payment, and prepaid debit cards. Customers can send money to over 160 countries through various channels such as online transfers, mobile app, or by visiting one of Ria's approximately 402,000 agent locations worldwide. The company has partnered with banks, retailers, and post offices to expand its global reach.


With its extensive network, Ria Money Transfer has established several noteworthy subsidiaries and joint ventures. In 2006, Ria acquired US-based Continental Exchange Solutions, Inc., which strengthened its market position and expanded its services. Ria also operates Joint Ventures with IME (Malaysia) and CKGS (India) to cater to the growing remittance market in those regions.


Ria Money Transfer has positioned itself as a prominent player in the global remittance industry. It competes with other leading money transfer companies such as Western Union and MoneyGram. While specific sales figures are not readily available, Ria has a significant market presence due to its extensive agent network and convenient service offerings.


Over the years, Ria has achieved various milestones and made strategic changes to fuel its growth. In 2007, Ria introduced a mobile money transfer service, allowing customers to send money using their mobile phones. This innovation helped them cater to the evolving digital landscape.


As of the latest information available, Ria Money Transfer continues to expand its global operations and enhance its digital capabilities. The company focuses on providing affordable and secure money transfer services to its customers worldwide. While there may have been recent developments in line with the evolving financial industry, specific details are not readily accessible

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