MoneyGram International, one of the leaders in the market of international money transfers, announced about its entering the market of Bosnia and Herzegovina, started cooperation with the country's largest bank Nova Bank. In due time MoneyGram separated from the Western Union and became an independent brand. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions.