Money transfer agent locations

In October 1871 the company has implemented the world's first telegraph money order. After a century money transfers have become a major source of income for Western Union. 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. One of the common kinds of money transfer is a transfer via the international system of Western Union. In October 2006 the company made an initial public offering of shares on the New York Stock Exchange, becoming independent from First Data company. 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. In the Western Union in the 30s of the 20th century worked 14 thousand couriers delivering telegrams.


Western union sending money to Sri Lanka

One of the common kinds of money transfer is a transfer via the international system of Western Union. In October 2006 the company made an initial public offering of shares on the New York Stock Exchange, becoming independent from First Data company. 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.


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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. 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 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. 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 - Western Union incomes for 2007 have made $4,9 billion US dollars, and the quantity of transactions has made 572 million. Separation of the companies had two objectives: first, to give Western Union the opportunity to develop more intensively, and secondly, to help First Data to return to its original activity (in 1992 the company separated from the payment system of American Express as an independent financial services company). One of the common kinds of money transfer is a transfer via the international system of Western Union. The Western Union Company is a financial services and communications company based in the United States. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online.