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. 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. 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. The benefits of remittances Coinstar Money Transfer: the recipient does not incur any expenses. Money transfers via Coinstar Money Transfer are made in U.S. dollars and Euro, without opening an account to the Client. The benefits of remittances Coinstar Money Transfer: The system "Coinstar Money Transfer" allows to transfer money in U.S. dollars and Euro in most countries of the world. Until June 1, 2007 the system of "Coinstar Money Transfer" was called "Travelex Money Transfer". On June 1, 2007 the system "Travelex Money Transfer" has been changed its name to "Coinstar Money Transfer".