Money transfer agent locations

In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. Western Union for more than 130 years provides money transfer services to its customers. In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. In 1877, starting from September, New York City residents began to have the opportunity to check the time on clock with the "time ball", located on the roof of constructed in the same year a new corporate headquarters - Western Union Building. The Western Union Company is a financial services and communications company based in the United States.


Western union sending money to Azerbaijan

In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. In 1877, starting from September, New York City residents began to have the opportunity to check the time on clock with the "time ball", located on the roof of constructed in the same year a new corporate headquarters - Western Union Building. Western Union for more than 130 years provides money transfer services to its customers.


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In 1884 Western Union has become a joint-stock company and was brought to the stock exchange. The company has entered in the first American stock index Dow Jones. Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. America was on the verge of civil war and needed a reliable connection between the North and South. On the telegraph market of the USA at this time were operated with six large companies: American Telegraph Company, New York Albany and Buffalo Electro-Magnetic Telegraph Company, Atlantic and Ohio Telegraph, Illinois & Mississippi Telegraph Company, New Orleans & Ohio Telegraph Company, and the brainchild of Sibley & Co. - The Western Union Telegraph. Western Union for more than 130 years provides money transfer services to its customers. In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was Western Union. In 1991, Western Union has sold some low-profit division of the company AT & T, GM Hughes Electronics, and to some others. In the same year the company changed its name to New Valley Corp. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported.