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. July 3, 1884 the company's shares were included in the calculation base for the newly created stock index Dow Jones Transportation Average. In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. 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.


Western union sending money to Philippines

In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. 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. July 3, 1884 the company's shares were included in the calculation base for the newly created stock index Dow Jones Transportation Average.


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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 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. 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. 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. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. In the 1910-1920 years. Western Union is actively engaged in researching, innovating in the field of data transmission. In the Western Union in the 30s of the 20th century worked 14 thousand couriers delivering telegrams.