Western Union is one of financial services and communications companies which was founded in the United States in 1851. The company used to be an industrialized monopoly, dominated the telegraph industry in the late 19th century. Western union happened to be the first communications empire which set a basement of American-style communications businesses. Its North American headquarters is situated in Englewood, Colorado. Up until 2006, Western Union was the most famous American company in the business of exchanging telegrams. Today Western Union is mostly serves those who need to transfer money to another individual located some distance away. So the company has expanded its specialization field and manages to provide a good service according a small number of business complaints and many positive business reviews. Since the advent of computers walking into the office of Western Union and doing a money transfer isn’t the most popular way to send funds today but it is still possible and used by some people. Doing the transfer, the employees of the company take the money to be transferred and do some paper work. Sure, the service is charged with the fee, and after all that money travels to the specified location and person. This is the main idea of Western Union operation of sending funds. There is also an option to make a transfer without visiting Western Union office. One can set up a free online account or call a company's office and submit money transfer information over the phone. Both options work the same as a procedure when the person is visiting office, the only difference is that there is no way for the cash to be involved, as the transfer operation in this case is being done electronically. Thus a customer needs to provide his bank account information as well as information of the recipient and to pay a fee for the transfer being done. In a little while the recipient will be able to get the transferred money at any of pickup locations that for all types of transfers can include a Western Union office or the recipient's bank. The speed of physical operation is higher than one of online operation. In the case when the money is sent online to a bank, the company sends the funds by the wire to the bank account that was requested. Such kind of operation can take several days to be processed. It is better to be aware about that, any business complaints are kind of inappropriate. You will have to wait longer for the transaction to be finished. If you need the money to be received sooner, you have to visit Western Union office and transfer the fund you want to another office of the company directly. That is considered to be the fastest way. In this case the recipient will be able to get money just within several minutes, after the employee of Western Union put all transfer information into the system of the company.
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