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In 1920, Western Union has implemented the world's first transmission of images over the ocean. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. 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. In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was Western Union. 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. 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. In October 2006 the company made an initial public offering of shares on the New York Stock Exchange, becoming independent from First Data company.


Western union sending money to Bangladesh

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. In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was Western Union. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time.


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In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was Western Union. In 1995, First Financial Management was acquired by First Data Corp. (the deal amounted to $ 7 billion), and Western Union Financial Services became a subsidiary of First Data. In 1879 Western Union left the telephone business after losing a lawsuit against Alexander Graham Bell - the patent holder on the phone. In the 80's of Nineteenth century, Western Union was repeatedly tried capture by the railroad tycoon Jay Gould. He worked with Alexander Graham Bell, inventor of the first phone. In the 1910-1920 years. Western Union is actively engaged in researching, innovating in the field of data transmission.