Money transfer agent locations

1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. In 1856, in 7 years after the foundation of New York State Printing Telegraph Company, the company changed its name to Western Union Telegraph Company. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. Money transfer is a matter of minutes, at any distance. In 1864, fearing the laying of long underwater lines, Western Union offered to carry out laying of telegraph lines to Europe through the Russian Alaska under the narrow Bering Strait and then to Siberia with branching in the major cities of Europe. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported.


Western union sending money to Australia

Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. In 1856, in 7 years after the foundation of New York State Printing Telegraph Company, the company changed its name to Western Union Telegraph Company.


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In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. In 1935, Western Union has put into operation first intercity fax communication. The presence of Western Union Gold Card at the client greatly simplifies the process of further processing of money transfers of and reduces the operation time for the sending of money, as the "Gold Card" is a carrier of the personal information about the client. In the early 60s Western Union has put into operation transcontinental microwave system of data transmission via radio waves, completely replacing the web of telegraph poles and wires. In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. To obtain the Golden card can any client of Western Union, committing money transfers on this system more than 1 time per year. Getting the card is issued at the time of making of the next transfer. On the market was placed about 765 million of ordinary shares of the company. On the first day trading on the exchange the company's shares rose by 3.3% and the cost was $ 19.96. In the summer of 1990 top managers of the Western Union Company spent day and night in the main office in Englewood (Colorado, USA). They needed to meet the challenge: to save the Western Union from bankruptcy, paying off the debts of the company millions of dollars. In the Western Union in the 30s of the 20th century worked 14 thousand couriers delivering telegrams.