Money transfer agent locations

Payment systems are one of basic elements of infrastructure of e-commerce. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. 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 the 30's of the twentieth century, Western Union has become the world's largest telegraph company. 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. The Western Union Company is a financial services and communications company based in the United States. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. 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.


Western union sending money to United Kingdom

In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. 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 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time.


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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. Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide. To obtain the Golden card can any client of Western Union, committing money transfers on this system more than 1 time per year. Getting the card is issued at the time of making of the next transfer. By 1861 Western Union telegraph lines entangled the whole America. It's time to explore Europe. All you need for sending money via Western Union is to go to the nearest branch of Western Union, fill out the transfer printed form, show your passport and then send money. The Western Union Company uses the most up to date technologies and its unique worldwide computer network that allows to carry out quick money transfers payments in more than 190 countries around the world. Money transfer is a matter of minutes, at any distance. 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). Thanks to cooperation with Western Union the Associated Press at the end of the XIX century took almost monopolistic position in the U.S. market news. Before transition to remittances Western Union company rendered services on sphere of cable communication.