Western Union: Biggest Transfer Services Company in the World

Sending money in an age that has been advanced as today's really easy. Utilizing sophisticated technology in banking to send money no longer surprising. You can just go into a box, insert the card, type a personal identification number or pin number, type in the destination account number and amount of money to be sent and wait a moment, the money has been sent.

Ease in transaction like it is a standard feature provided by the bank wherever. As an institution, the bank had been trusted to take care of various financial transactions. In addition to banks, companies or other institutions who are experts in the financial affairs of one of them is Western Union.

Send money seems to have a tradition. Ancient times, people familiar with the term money orders or services provided by the post office for exchanging money. Using a service like that takes a long time until the money reaches the recipient. Changes and developments ensued. ATMs and other services popping up easily transfer as a way out of it all.

Western Union
Although both the companies or institutions that deal with financial problems, Western Union is not the same with banks anywhere. If a bank serving the deposit services, the Western Union did not.

Western Union is the name of a company's financial services and communications companies based in the United States. The company is headquartered in Englewood, Colorado. Meanwhile, the office which deals to take care of the affairs of international marketing and commercial services are located in Montvale, New Jersey. The company is the best company in the United States in the business of exchanging telegrams.

So far, Western Union has several divisions. The division develops products in the form of money transfer services, money orders or securities, and other commercial services. Headquartered in the United States, the company is developing services to various countries. In 2010, Western Union has more than 410,000 branch offices located in 240 countries. Revenues from the company reached $ 5 billion per year.

Story of Western Union
In 1851, a company called New York & Mississippi Valley Printing Telegraph Company was founded in Rochester by Hiram Sibley. Meanwhile, other companies also present a company owned by Ezra Cornell was named New York & Western Union. Have the same two goals, two companies also compete with stringent.

Competition ends the two companies is good. Realizing that by combining these two companies can accelerate the achievement of the goal, then the Hiram Sibley and Ezra Cornell decided to merge the two companies. The company joined in 1855 and changed its name to The Western Union Telegraph Company's.

The company later developed into the only telegram delivery service company in the world. The company is monopolizing the communications industry as well as the kingdom's first American-style like that.

Western Union Advantage
Advantages of Western Union is now widely adopted by banks in Indonesia. Western Union to reach all corners of the country. Western Union provides security, convenience, fast and reliable. Some other advantages possessed by Western Union is a

- Time needed money to get to the destination address is relatively short, only a matter of seconds.
- Spread over 200 countries and 170,000 agents
- Equipped with a secure system.
- The sender and recipient are not required to have a specific bank account.
- The cost is only weighted at pengirm money, the fees charged to recipients in the form of stamp duty fees.
- There is no limit minimum amount of money that must be sent.