Money transfer agent locations

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. Western Union offers one of the easiest ways for families and friends to send money and stay connected almost anywhere in the world. 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. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. In the Western Union in the 30s of the 20th century worked 14 thousand couriers delivering telegrams.


Western union sending money to Switzerland

Western Union offers one of the easiest ways for families and friends to send money and stay connected almost anywhere in the world. 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. Most service points of Western Union work in the time convenient for customers throughout the week and throughout the year.


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Payment systems are one of basic elements of infrastructure of e-commerce. America was on the verge of civil war and needed a reliable connection between the North and South. On the telegraph market of the USA at this time were operated with six large companies: American Telegraph Company, New York Albany and Buffalo Electro-Magnetic Telegraph Company, Atlantic and Ohio Telegraph, Illinois & Mississippi Telegraph Company, New Orleans & Ohio Telegraph Company, and the brainchild of Sibley & Co. - The Western Union Telegraph. 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. Sibley, the founder of Western Union, did not build a new telegraph lines, and persuaded the other players to join. American Telegraph Company, however, still had to buy it. Transaction with Fexco has allowed Western Union to control directly more than 10 thousand points of service, which belonged to Fexco in 7 European countries (Spain, UK, Sweden, Ireland, Denmark, Norway and Finland). 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. 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). Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported.