Money transfer agent locations

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. 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. Most service points of Western Union work in the time convenient for customers throughout the week and throughout the year. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. In October 2006 the company made an initial public offering of shares on the New York Stock Exchange, becoming independent from First Data company.


Western union sending money to Kenya

Most service points of Western Union work in the time convenient for customers throughout the week and throughout the year. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. 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.


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Payment systems are one of basic elements of infrastructure of e-commerce. Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. 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. The Western Union Company is a financial services and communications company based in the United States. In 1988, the company undertook a massive reorganization in response to rapidly changing business conditions. In particular, this need has arisen due to many technological changes that have taken place at that time. Company name was changed from Western Union Telegraph Co. to Western Union Corp. Before transition to remittances Western Union company rendered services on sphere of cable communication.