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. Until June 1, 2007 the system of "Coinstar Money Transfer" was called "Travelex 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.