On March 7, 2011, MoneyGram entered into a Recapitalization Agreement with THL, as the holder of all of the B Stock, and Goldman Sachs, as the holder of all of the B-1 Stock. Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. If you need to cancel or change a transaction, then you should contact by telephone with the MoneyGram branch agent, made the transaction for you. Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. How to send money via MoneyGram money transfer? To make up a money transfer you should go to the MoneyGram agents and fill the application form for transfer. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. The Global Funds Transfer segment is the primary segment of MoneyGram, providing money transfer and bill payment services to consumers, who are often unbanked or underbanked. Keep in mind that if your locality there are several banks, working with MoneyGram and you will convert the currency received, before receiving check currency rates in several points - they can vary.