Money transfer agent locations

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 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was 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. In 1995, First Financial Management was acquired by First Data Corp. (the deal amounted to $ 7 billion), and Western Union Financial Services became a subsidiary of First Data. On the market was placed about 765 million of ordinary shares of the company. On the first day trading on the exchange the company's shares rose by 3.3% and the cost was $ 19.96. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. In the 80's of Nineteenth century, Western Union was repeatedly tried capture by the railroad tycoon Jay Gould. He worked with Alexander Graham Bell, inventor of the first phone. 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.


Western union sending money to United Kingdom

In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was 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. 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 -


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In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. In 1935, Western Union has put into operation first intercity fax communication. Western Union for more than 130 years provides money transfer services to its customers. In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was 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". In 2007 the company made 167.7 million transactions on money transfers between individuals and 404.6 million transactions between physical and legal persons. Another invention of Western Union - time synchronization. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online. In 1933, by the Western Union Company were invented "singing telegrams". In the 80's of Nineteenth century, Western Union was repeatedly tried capture by the railroad tycoon Jay Gould. He worked with Alexander Graham Bell, inventor of the first phone.