Banco Familiar is a leading consumer bank in Paraguay, and has one of the largest banking branch networks in the country. Cambios Chaco, with 20 locations, and Multicambios with 30 branches - the most in the country - are experienced foreign exchange agencies. Banco Familiar and Cambios Chaco were formerly agents of MoneyGram's main competitor and now are offering MoneyGram services.
The new agents will introduce MoneyGram into the cities of Concepcion, Santa Rita and Pedro Juan Caballero. Other MoneyGram agents in Paraguay are Banco Vision, Brios de Finanzas and Maxicambios.
