In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. 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 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. 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). By 1861 Western Union telegraph lines entangled the whole America. It's time to explore Europe. 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 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.
Agent | Work time | Services |
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Dena Bank 637 T H Road Tondiarpet 600010 Chennai |
Monday:
10:00 AM - 3:30 PM
Tuesday: 10:00 AM - 3:30 PM Wednesday: 10:00 AM - 3:30 PM Thursday: 10:00 AM - 3:30 PM Friday: 10:00 AM - 3:30 PM Saturday: 10:00 AM - 1:30 PM Sunday: Closed |
money transfer quick cash quick pay |