The Western Union is an American company specializing in money transfer services. It was founded in 1851 in Colorado. To date, the company is the market leader in the provision of money transfer services around the world. Before making money transfers, the organization provided communication services through a telegraph. More details about where and how to get the translation "Western Union", read on.
In 1832, S. Morse and A. Veil began work on the creation of a mechanical telegraph. Within five years they filed for registration of a patent for their invention. The principle of the work of the telegraph was that the transmission through the electrical channels of the signal was carried out by long and short current waves. They were called dashes and dots. Then, using a special code table, the signs were translated into words. Having received permission to develop, Morse and his partner organized the company. For this purpose, he even received a grant from the Congress in the amount of $ 30 thousand. The funds were directed to the construction of telegraph poles. The first message was sent on May 24, 1844 from the Capitol to Baltimore.
In 1845, Morse, with the support of Amos' new partner, attracted a group of investors and began issuing licenses for his telegraphs to all comers. By 1851, there were 50 telegraph companies on the territory of the United States. But the government did not see the prospect of development. Competition in the market has become tougher. All those willing to buy out licenses and create their own independent telegraphs.
Transition to money transfers
The era of e-commerce began when in 1871 the company carried out the transfer of funds by telegraph. After 6 years, the company absorbed its only competitor in the market - The Atlantic and Pacific Company. The advantage of Western Union at that time was a wide network of branches, a monopoly on railway stations. In addition, the company developed its own voice communication device, which clearly and loudly issued signals. Such rapid development of the company contributed to the fact that on 03.07.1884 the company's shares were included in the list of the Dow Jones stock index. The main stages of Western Union's development:
1914 - issue of the world's first debit card.
1920 - the transfer of a photo image through a telegraph (the service was very much in demand among journalists).
1930 - introduction of telex - services for information exchange between companies.
1935 - facsimile communication in cities was introduced.
1964 - the lines of the telegraph poles were completely replaced by a transcontinental microwave system.
1980 - income from remittances exceeded profits from services using telegraphs.
1988 - change of name to Western Union Corp.
2000 - launch of a website with the ability to send money transfers online.
2009 - buy-out of a majority stake in Fexco, accession of 10 thousand service points in 7 European countries.
Western Union today
To date, Western Union branches are represented on all continents of the world. Where can I get Western Union translation? In more than 380 thousand points of reception and delivery of funds located around the world. Transaction can be made through an account, a card or in cash at a service point.
Briefly about translations
Term of registration of the application can last from several minutes to several hours. It all depends on what and in what region funds are being sent. Likewise, changing the company's tariffs. They will be presented in more detail next.
Payment of transfers is usually made in the currency of the recipient's country. Although in Russia, Ukraine and CIS countries, transactions can also be made in US dollars. Where can I get the Western Union translation? Information about the nearest service point can be obtained on the official website of the system.
Money transfers "Western Union" have such important features:
- The speed of conduction. Transactions are carried out in a few minutes. To transfer "Western Union" in St. Petersburg, which is sent from USA, you can in 5 minutes. It is only necessary to consider the difference in time zones and working hours of the service points.
- The reliability of the transaction. Each transfer is protected by a security system in the form of a unique control number. This system ensures that the funds will be transferred only to a person specified in the application.
- Convenience. For the transaction to open a Bank account is not necessary. Request for transfer may be submitted in any service in any day of the week. In some countries, services is the issue of funds. Send applications to the Bank.
Western Union in Russia
On the domestic market, the international system of electronic payments came out only in 1991. First, a subsidiary company of OOO "The non-banking organization" Western Union "was opened." The head office and reference and information center were located in Moscow. There are more than 14,000 service points on the territory of the Russian Federation. Some of them work around the clock.
How to send money?
- You need to contact any service point (bank, post office).
- Fill in the application form, indicating the recipient's name, country and city.
- Show your passport.
- To pay the amount to the cashier, taking into account the commission.
- Receive a receipt.
- Inform the recipient of the transfer amount and the control code.
It is worth noting that credit institutions make transfers when presenting such documents:
- Citizens of the Russian Federation: internal passport, military ticket or seaman's passport.
- Foreign citizens are a passport.
- Persons without citizenship: a residence permit or a residence permit.
How to get the translation of "Western Union"?
- Specify the amount of the transfer, control code, correct spelling of the name, country of departure from the sender.
- Contact any service center.
- Fill in the form for receiving funds, specifying the sender's full name, the amount of the payment, the code.
- Show your passport.
- Get the transfer amount at the cash department.
Before you receive the Western Union translation, you need to look at the official website of the system to see the status of the transaction. Through the service points, you can also order the delivery of a check to the house, send a notification by phone or a message along with the transfer.
How do I get a Western Union transfer in Moscow? You need to contact the service center. Residents of Russia can not get the service through the website of the "Western Union" system. How to get a transfer through the Post of Russia? As well as through any other point of service. It is necessary to provide a passport and a control code. Cooperation with Western Union "Western Union" began in 2007. To avoid competition, transfers through this intermediary are accepted only in rubles and are sent only to foreign countries. Despite these restrictions, Russians who live in remote places of the country can send and receive transfers through the "Western Union".
Having dealt with how to get the "Western Union" translation, let's consider in more detail some conditions for making transactions:
- Resident can send a transfer abroad in the amount up to $ 4,999.99. Resident can send a translation once a day without presenting supporting documents.
- A non-resident can send no more than $ 2999.99.
Where can I get Western Union translation? The addresses of partner banks are presented on the official website of the system.
The cost of the service directly depends on the country of departure and receipt. Thus, for an internal transfer within Russia within the limits of 3-144 thousand rubles. will have to pay 4-10%. For each subsequent increase in the amount of 6 thousand rubles. will have to pay 240 rubles extra. in the form of a commission. In addition, for each transfer of funds more than 3 thousand dollars within the tariff "12 hours" will have to provide additional supporting documents.
From Russia to Belarus and Tajikistan can be sent from 100 to 3500 thousand dollars. For this operation, the system removes 3-6%. Such preferential tariffs are established only for the CIS countries. If the transaction will be made in rubles, you will additionally have to pay a commission for the conversion of funds at the rate of the system.
In 2008, the system launched a loyalty program Gold Card. At this point, it has already successfully operated in 65 countries around the world. For each operation performed using the card, virtual bonuses are added to the virtual account, which can be used to pay for services. In addition, the card reduces the time for translation processing and user identification.
The delivery of funds can be blocked due to incorrect indication of the name of the recipient, the sender or the control code. How and where to get the translation of "Western Union" in Moscow? In such cases, you should specify the transaction details for the sender. The error can also arise due to carelessness of the operator, for example, if the name of the sender and the recipient are confused. Only the sender can correct this error by contacting the service center with a copy of the receipt. The addressee can receive a transfer in any bank.
Unclaimed payments stored in the system for four months. During this period they can at any time withdraw. The translation is then sent to the archive system or returned to the sender. Funds can be obtained even after data archiving. But this procedure is more lengthy and is to write an application for the restoration of translation.
A sent, but not paid, amount can be returned through the service point. To do this, you need to provide a copy of the form with a control code and a passport. Commission for imperfect transaction is not refundable.
Money transfers are available only to individuals. Payments are made only for personal needs (except for buying real estate and making investments). To use the services of the system, commercial organizations and entrepreneurs can not.