Money transfer agent locations

In 1935, Western Union has put into operation first intercity fax communication. 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. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. Sibley, the founder of Western Union, did not build a new telegraph lines, and persuaded the other players to join. American Telegraph Company, however, still had to buy it. 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. 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 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online. 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 Indonesia

Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. 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.


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1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. 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 April 1851 companions registered in Albany New York and Mississippi Valley Printing Telegraph Company (NYMVPTC), which included founded two years before New York State Printing Telegraph Company. In 1920, Western Union has implemented the world's first transmission of images over the ocean. Sibley, the founder of Western Union, did not build a new telegraph lines, and persuaded the other players to join. American Telegraph Company, however, still had to buy it. The Western Union Company is a leader in global payment services In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. Western Union incomes for 2007 have made $4,9 billion US dollars, and the quantity of transactions has made 572 million. In 1864, fearing the laying of long underwater lines, Western Union offered to carry out laying of telegraph lines to Europe through the Russian Alaska under the narrow Bering Strait and then to Siberia with branching in the major cities of Europe. 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.