During the existence of the company Western Union not a single fact of loss of client money. Western Union uses the latest electronic technology in its unique international computer network for immediate money payment in more than 179 countries. Western Union's rates are updated regularly in line with global markets and based on interbank rates. Western Union has been a leader in the telegraph and money transfer industry for more than a century. However, in 2006, when the last telegram was sent, the company needed to overhaul its focus and retrain its global workforce. By early 2003, Western Union had approximately 4,500 employees of which 40 percent were based in the United States. Most of the workforce was non-unionized except for 1,200 call centre employees located in the Missouri, U.S. branch office.
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Money Transfer branches
Western Union has agreed to pay $586 million to provide refunds to victims through a related, but separate, agreement with the Federal Trade Commission and U.S. Department of Justice filed in January. Western Union is known to be the leading service for international money transfer where there is need to transfer money overseas in cash or without involvement of a bank. Western Union services are available through a combined network of nearly 500 000 Agent locations in over 200 countries and territories around the world. Many people select Western Union for their money transfer needs, due primarily to the company's name recognition and trusted histor. Western Union Money Transfer service uses advanced technology and a unique, worldwide computer network to ensure quick payout.
Western Union Co (WU) statistic
Last Price: 20.765＄
Change:(YTD) 19.01 ＄
Change Percent: YTD 9.2319831668 %
Market Capitalization: 9 566 996 155