In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide. Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. One of the common kinds of money transfer is a transfer via the international system of Western Union. 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 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.
Teseney, Eritrea have 1 agent Western Union money transfer agent location. All country.
Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide. One of the common kinds of money transfer is a transfer via the international system of Western Union.
|Himbol Financial Services, Teseney 13 Afwerki Street Himbol Financial Services||
8:00 AM - 6:00 PM
Tuesday: 8:00 AM - 6:00 PM
Wednesday: 8:00 AM - 6:00 PM
Thursday: 8:00 AM - 6:00 PM
Friday: 8:00 AM - 6:00 PM
In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. 1970 - a new service called Western Union for more than 130 years provides money transfer services to its customers. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. In October 1871 the company has implemented the world's first telegraph money order. After a century money transfers have become a major source of income for Western Union. Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide. In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was Western Union. The project of congressmen involved the construction of lines with the length of two thousand miles in 10 years. Western Union handled the government task within 112 days. The secret of Sibley was simple: he used the tactics of the "Western Union". 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.