Wells Fargo & Co. is expanding its remittance network to eight new countries and more than 1,500 new Mexican distribution points.

The deals, announced Monday, more than double the number of countries Wells serves through partnerships with banks in Latin America and the Caribbean. Its new partners include Ecuador's Banco de Guayaquil, the Dominican Republic's Banco BHD, as well as Telecomm-Telegrafos, Mexico's state-run telecommunications service.

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