In 1935, Western Union has put into operation first intercity fax communication. 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. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. 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 - In order to increase competitiveness and market expansion of its services, Western Union launched a program of loyalty Western Union Gold Card for customers, who has repeatedly made money transfers via Western Union. The project of congressmen involved the construction of lines with the length of two thousand miles in 10 years. Western Union handled the government task within 112 days. The secret of Sibley was simple: he used the tactics of the "Western Union".
Western union sending money to Russian Federation
Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. 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 - 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.
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Western Union made so that the time in all of American civil services was the same. In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. 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. In October 2006 the company made an initial public offering of shares on the New York Stock Exchange, becoming independent from First Data company. In the Western Union in the 30s of the 20th century worked 14 thousand couriers delivering telegrams.