Selden, Hiram Sibley, and others in 1851. The New York and Mississippi Valley Printing Telegraph Company was founded in Rochester, New York by Samuel L. History Founding & expansion (1851–1866) It ceased its communications operations completely in 2006, at which time The New York Times described it as 'the world's largest money-transfer business' and added that, due to the large number of immigrants wiring money home, it would keep this top position. It dominated the American telegraphy industry from the 1860s to the 1980s, pioneering technology such as telex and developing a range of telegraph-related services, including wire money transfer, in addition to its core business of transmitting and delivering telegram messages.Īfter experiencing financial difficulties, it began to move its business away from communications in the 1980s and increasingly focused on its money-transfer services. Fees and rates subject to change without notice.The Western Union Company is an American multinational financial services company headquartered in Denver, Colorado.įounded in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, the company changed its name to the Western Union Telegraph Company in 1856 after merging with several other telegraph companies. Fees, foreign exchange rates and taxes may vary by brand, channel, and location based on a number of factors. When choosing a money transmitter, carefully compare both transfer fees and exchange rates. See the transfer form for restrictions.Ĥ Western Union also makes money from currency exchange. Additional third-party charges may apply, including SMS and account over-limit and cash-out fees.

For mobile transactions funds will be paid to receiver’s mWallet account provider for credit to account tied to receiver’s mobile number. Please contact your card issuer for more information.ģ Funds may be delayed or services unavailable based on certain transaction conditions, including amount sent, destination country, currency availability, regulatory issues, identification requirements, Agent location hours, differences in time zones, or selection of delayed options. 1 Agent location count valid as of 31 December, 2021.Ģ Some card issuers may charge additional fees for using our services.

Western union herisau