Grace Kennedy Money services will cease its Western Union operations in Antigua as of Wednesday, October 3.
It will bring an end to 12 years of operation of the Western Union service by GKMS through a network of sub-agents.
The company says this decision has been taken after an in-depth review of the viability of its Antigua and Barbuda operations.
It also says the move is in keeping with GraceKennedy’s long-term strategic goal to increase efficiencies and enable sustainable growth.
The company ceased initiating money transfers from this country as of Saturday, September 28.
It also stopped accepting new send transactions to the island on that date.
Transactions sent before last Saturday will be available for pick-up until close of business tomorrow.
Unpaid transactions sent to Antigua and Barbuda after tomorrow will be refunded to the senders.
The Jamaica-based company says it will continue to operate money transfer services in its 11 other markets.