Money transfer agent locations

In 1856, in 7 years after the foundation of New York State Printing Telegraph Company, the company changed its name to Western Union Telegraph Company. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. Transaction with Fexco has allowed Western Union to control directly more than 10 thousand points of service, which belonged to Fexco in 7 European countries (Spain, UK, Sweden, Ireland, Denmark, Norway and Finland). 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). In 2007 the company made 167.7 million transactions on money transfers between individuals and 404.6 million transactions between physical and legal persons. Another invention of Western Union - time synchronization. In October 2006 the company made an initial public offering of shares on the New York Stock Exchange, becoming independent from First Data company. 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.


Western union sending money to India

Transaction with Fexco has allowed Western Union to control directly more than 10 thousand points of service, which belonged to Fexco in 7 European countries (Spain, UK, Sweden, Ireland, Denmark, Norway and Finland). 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). Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market.


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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. 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. Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide. Most service points of Western Union work in the time convenient for customers throughout the week and throughout the year. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online. 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 the 1910-1920 years. Western Union is actively engaged in researching, innovating in the field of data transmission.