Money transfer agent locations

Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. Western Union offers one of the easiest ways for families and friends to send money and stay connected almost anywhere in the world. 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 1910-1920 years. Western Union is actively engaged in researching, innovating in the field of data transmission. In the Western Union in the 30s of the 20th century worked 14 thousand couriers delivering telegrams.


Western union sending money to Azerbaijan

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 1910-1920 years. Western Union is actively engaged in researching, innovating in the field of data transmission. Western Union offers one of the easiest ways for families and friends to send money and stay connected almost anywhere in the world.


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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 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. 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). Thanks to cooperation with Western Union the Associated Press at the end of the XIX century took almost monopolistic position in the U.S. market news. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. In 1933, by the Western Union Company were invented "singing telegrams". In the 1910-1920 years. Western Union is actively engaged in researching, innovating in the field of data transmission. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported.