Wells Fargo & Company has expanded its ExpressSend remittance network in El Salvador by adding Scotiabank and Remesas BAC Credomatic to it.

The new additions will bring the total number of payout locations in El Salvador to more than 500, along with more than 1,200 ATMs.

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Wells Fargo said that it offer a transfer fee waiver for all transactions sent from an eligible account to Scotiabank El Salvador and Remesas BAC Credomatic until 30 September 2014.

Daniel Ayala, executive vice president and head of Wells Fargo’s global remittance services, said: "Our customers want to make it as convenient as possible for their friends and family to receive the money they send, and this expansion will make it even easier for those beneficiaries to receive their money."

ExpressSend lets customers transfer up to $1,500 per day to their beneficiary in El Salvador for a transaction fee of $7.

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