Western Union to shut down its Digital Bank service and close all accounts soon

Western Union International Bank announced it will discontinue its Western Union Digital Bank service and close all user accounts two months after notifying customers. The decision follows a regular product review and comes after the bank was fined for delayed reporting of IT incidents under new EU digital resilience rules. Users are advised to withdraw funds, update payment details, and save records before closure. Western Union's money transfer services will continue separately through its website and app.