For customers, according to the company, transfers in the system of Coinstar Money Transfers on average by 10-15% cheaper than Western Union or MoneyGram. Money transfer system Coinstar Money Transfer is a fast-growing company in the market of remittances. 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. Coinstar Money Transfer made not only the proposal to expand the network through sales at bank branches, but also demonstrated the ready front-office solutions for the operating staff of banks. Sale of insurance products in bank networks is possible due to the connecting of the insurance companies to the Integration processing system of Coinstar Money Transfer. Money transfers via Coinstar Money Transfer are made in U.S. dollars and Euro, without opening an account to the Client. Money transfers via "Coinstar Money Transfer" guarantee confidence, speed and convenience. To date, Coinstar Money Transfer controls the agency network of more than 16,500 locations in more than 135 countries around the world. Until June 1, 2007 the system of "Coinstar Money Transfer" was called "Travelex Money Transfer".