Coinstar Money Transfer ensures confidence, speed and convenience of money transfers. Low-cost technologies have allowed Coinstar Money Transfer to lower the cost of transfers. The company BSS together with the Company Coinstar Eurasia announced the establishment of a joint venture BSS Global. Coinstar Money Transfer System works via the Internet, as opposed to Western Union and MoneyGram, which for the money transfers information are using their own internal networks. Number of countries and service pointsof Coinstar Money Transfer is constantly increasing. Unclaimed for a year Coinstar money transfers are returned to the sender on request. To date, Coinstar Money Transfer controls the agency network of more than 16,500 locations in more than 135 countries around the world. On June 1, 2007 the system "Travelex Money Transfer" has been changed its name to "Coinstar Money Transfer". Coinstar Money Transfer works as follows: The client has to come to the branch office of the agent bank, the money will be transferred in minutes.