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 30's of the twentieth century, Western Union has become the world's largest telegraph company. Another invention of Western Union - time synchronization. One of the common kinds of money transfer is a transfer via the international system of Western Union. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network.