• CNBV Authorization is received to operate under correspondent scheme
  • A collaboration agreement is signed to bring a greater number of financial services in more than 1,340 paying locations in Farmacias Guadalajara.
  • Deposits to Banorte bank accounts and payment of Banorte credit card in more extensive hours, including Saturdays, Sundays, and holidays.
  • Also, through its subsidiary UniTeller, since 2013 they pay remittances in its locations.

Mexico, D.F. April 13, 2015. Grupo Financiero Banorte and Farmacias Guadalajara were authorized by the National Banking and Securities Commission (CNBV) to sign an agreement that allows them to offer, in a coordinated way, financial services in more than 1,340 branches that the prestigious pharmacy chain has distributed in 24 entities of the country.

In this way, Banorte establishes a banking correspondent, through which it provides deposit services to Banorte accounts (with a limit of 20 thousand pesos) and payment of credit card.

Also, since 2013 UniTeller implemented the service of family remittances payment with several transmitting companies reflecting to date a volume that allows Farmacias Guadalajara to position itself as one of the main payers in this segment.

By offering the service from 8:00 a.m. to 8:00 p.m., including weekends and holidays, both companies generate convenience to their customers and users.

Thus, Banorte reaffirms its commitment to bring quality services to its customers, incorporating a process of permanent supervision that allows it to ensure that its correspondents adequately serve and orient the users of the service.

It should be recalled that Banorte was the first banking institution in the country to receive authorization from the CNBV to provide financial services through correspondents.

Banorte and Farmacias Guadalajara will continue to work on incorporating more services into this initial offer in order to bring banking services closer to the needs of its clients.

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