Money transfer agent locations

Each money transfer is protected with control number, that allows you to track and to ensure prompt payment of money specified by you person. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. 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. Separation of the companies had two objectives: first, to give Western Union the opportunity to develop more intensively, and secondly, to help First Data to return to its original activity (in 1992 the company separated from the payment system of American Express as an independent financial services company). Another invention of Western Union - time synchronization. Founder of Western Union Hiram Sibley was born in 1807 in Massachusetts (USA). At age of 14 has mastered the profession of shoemaker, at age 16 he left his native cityand moved to New York, where he went into wool carder.


Western union sending money to Australia

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 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time.


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1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. 1970 - a new service called In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. July 3, 1884 the company's shares were included in the calculation base for the newly created stock index Dow Jones Transportation Average. In order to increase competitiveness and market expansion of its services, Western Union launched a program of loyalty Western Union Gold Card for customers, who has repeatedly made money transfers via Western Union. Gold Card Loyalty Program Western Union Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide. The size of the commission fee for the transfer is charged according to the Western Union tariffs and depends on the amount of money sent. Transaction with Fexco has allowed Western Union to control directly more than 10 thousand points of service, which belonged to Fexco in 7 European countries (Spain, UK, Sweden, Ireland, Denmark, Norway and Finland). In the 30's of the twentieth century, Western Union has become the world's largest telegraph company.