Money transfer agent locations

1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. Western Union for more than 130 years provides money transfer services to its customers. 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 - The Western Union Company is a financial services and communications company based in the United States. Founder of Western Union Hiram Sibley was born in 1807 in Massachusetts (USA). At age of 14 has mastered the profession of shoemaker, at age 16 he left his native cityand moved to New York, where he went into wool carder.


Western union sending money to Kazakhstan

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 - The Western Union Company is a financial services and communications company based in the United States. Western Union for more than 130 years provides money transfer services to its customers.


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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. Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. 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 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. Western Union offers one of the easiest ways for families and friends to send money and stay connected almost anywhere in the world. 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. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported.