Money transfer is a matter of minutes, at any distance. July 3, 1884 the company's shares were included in the calculation base for the newly created stock index Dow Jones Transportation Average. You do not need to open a bank account, so you can send or receive money in any of the 170 000 service points of Western Union around the world. Before transition to remittances Western Union company rendered services on sphere of cable communication. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network.