FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * MARSH IAN K   2. Issuer Name and Ticker or Trading Symbol Western Union CO [WU] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP & Mngng Dir. Asia Pac. Reg (Last) (First) (Middle) 12500 EAST BELFORD AVENUE 3. Date of Earliest Transaction (Month/Day/Year) 09/29/2006 (Street) ENGLEWOOD, CO 80112 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 09/29/2006   A   21,803 (1) A $ 0 25,552 (2) D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (Right to Buy)

$ 19.13

09/29/2006

A

157,787

(3)

09/29/2016

Common Stock

157,787

$ 0

157,787

D

Employee Stock Option (Right to Buy)

$ 18.66

09/29/2006

A

76,842 (4)

(5)

03/01/2014

Common Stock

76,842

$ 0

76,842

D

Employee Stock Option (Right to Buy)

$ 19.07

09/29/2006

A

43,910 (4)

(5)

12/08/2014

Common Stock

43,910

$ 0

43,910

D

Employee Stock Option (Right to Buy)

$ 20.01

09/29/2006

A

37,323 (4)

(6)

02/08/2016

Common Stock

37,323

$ 0

37,323

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
MARSH IAN K 12500 EAST BELFORD AVENUE ENGLEWOOD, CO 80112			EVP & Mngng Dir. Asia Pac. Reg

Signatures

/s/ Sarah J. Kilgore as Attorney-in-Fact for Ian K. Marsh		10/03/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Grant of restricted stock units which vest in full, if the executive is still employed by the Company at the time, on the third anniversary of the date of grant.
(2)	Includes 3,749 shares acquired in connection with the distribution by First Data Corporation of shares of common stock of The Western Union Company.
(3)	This option vests in four equal annual installments beginning on September 29, 2007.
(4)	Represents option acquired by reporting person as a result of the adjustment of an option to purchase shares of First Data Corporation common stock held by the reporting person. This adjustment occurred pursuant to the terms of the Employee Matters Agreement, dated September 29, 2006, between The Western Union Company and First Data Corporation.
(5)	This option is presently exercisable in full.
(6)	This option vests in four equal annual installments beginning on February 8, 2007.

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