In 1935, Western Union has put into operation first intercity fax communication. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. 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 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.
Western union sending money to Romania
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 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. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time.
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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. 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. In 1920, Western Union has implemented the world's first transmission of images over the ocean. Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide. 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. In 1933, by the Western Union Company were invented "singing telegrams". As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported.