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. Since going public two and a half years ago, MoneyGram has made great strides by pouring energy and resources into several critically important areas for business. MoneyGram agents are located - in post offices, bank offices, supermarkets, and even travel agencies. In 2011, a global network of agents of MoneyGram has grown up to 256 000 service points, thus its growth is 24% compared to the same period of the previous year. In the city of San Salvador representatives of MoneyGram and Citibank announced a new regional project, which will provide money transfer services in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. What are the main benefits of money transfers by MoneyGram? Individual flexible service. The recipient has the opportunity to receive money at any MoneyGram office anywhere in the world. As part of the 2008 Recapitalization, our wholly owned subsidiary, MoneyGram Payment Systems Worldwide, Inc., issued Goldman Sachs $500.0 million of senior secured second lien notes with a 10-year maturity. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. For the company MoneyGram is important not only to provide customers with an easy and convenient way to carry out money transfers and support their families at home, but also to help them as much as possible to adapt to the foreign countries.