In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. 1998 - the number of points of money transfers worldwide reached 50,000. The network of money transfers of Western Union is the world's largest. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. Most service points of Western Union work in the time convenient for customers throughout the week and throughout the year. You do not need to open a bank account, so you can send or receive money in any of the 170 000 service points of Western Union around the world.