In the Western Union in the 30s of the 20th century worked 14 thousand couriers delivering telegrams. In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. Money transfer is a matter of minutes, at any distance. 1970 - a new service called The Western Union Company uses the most up to date technologies and its unique worldwide computer network that allows to carry out quick money transfers payments in more than 190 countries around the world. The first offices of company were located in the Reynolds Arcade building in Rochester, New York. The sign above the main entrance to the building - In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network.
Lakshwadeep, India have 1 agent Western Union money transfer agent location. All country.
In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. Money transfer is a matter of minutes, at any distance.
Agent | Work time | Services |
---|---|---|
State Bank Of India, Lakshwadeep Minicoy 10599 682559 State Bank Of India |
Monday:
10:00 AM - 4:00 PM
Tuesday: 10:00 AM - 4:00 PM Wednesday: 10:00 AM - 4:00 PM Thursday: 10:00 AM - 4:00 PM Friday: 10:00 AM - 4:00 PM Saturday: 10:00 AM - 4:00 PM Sunday: Closed |
money transfer |
The Western Union Company - the American company, specialising on granting of services of monetary intermediary. Western Union was founded in 1851. The company is one of leaders in the market of the international remittances. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. 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. 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 October 2006 the company made an initial public offering of shares on the New York Stock Exchange, becoming independent from First Data company. By 1861 Western Union telegraph lines entangled the whole America. It's time to explore Europe. In 1991, Western Union has sold some low-profit division of the company AT & T, GM Hughes Electronics, and to some others. In the same year the company changed its name to New Valley Corp. 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.