Western Union suspends operations in Russia, Belarus
Western Union announced Thursday that it is suspending its operations in Russia and close ally Belarus amid the Russian invasion of neighboring Ukraine.
The Denver-based money-transfer and payments company said in a statement that it "stands with the world in condemning the unprovoked and unjustified invasion of Ukraine."
"All of us share the shock, disbelief, and sadness around this tragedy and humanitarian disaster," the company added. "Our hearts go out to the people of Ukraine and to our colleagues, customers, agents, and partners who have been impacted."
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Company leadership have engaged in extensive dialogue with a wide variety of stakeholders "in an earnest effort to arrive at the right decision regarding our services in Russia and Belarus," according to Western Union.
"We have thoroughly evaluated internal and external considerations, including the consequences for our valued teammates, partners, and customers," the company said. "Ultimately, in light of the ongoing tragic impact of Russia’s prolonged assault on Ukraine, we have arrived at the decision to suspend our operations in Russia and Belarus."
-ABC News' Christine Theodorou