Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. 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. July 3, 1884 the company's shares were included in the calculation base for the newly created stock index Dow Jones Transportation Average. 1998 - the number of points of money transfers worldwide reached 50,000. The network of money transfers of Western Union is the world's largest. Founder of Western Union Hiram Sibley was born in 1807 in Massachusetts (USA). At age of 14 has mastered the profession of shoemaker, at age 16 he left his native cityand moved to New York, where he went into wool carder. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported.
Western union sending money to Sri Lanka
July 3, 1884 the company's shares were included in the calculation base for the newly created stock index Dow Jones Transportation Average. 1998 - the number of points of money transfers worldwide reached 50,000. The network of money transfers of Western Union is the world's largest. 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.
Select your city for
1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. 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. Each money transfer is protected with control number, that allows you to track and to ensure prompt payment of money specified by you person. 1970 - a new service called 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. In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. Money transfer is a matter of minutes, at any distance. In 1877, starting from September, New York City residents began to have the opportunity to check the time on clock with the "time ball", located on the roof of constructed in the same year a new corporate headquarters - Western Union Building. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. Before transition to remittances Western Union company rendered services on sphere of cable communication.