If MoneyGram money transfer, for some reason has not been received by the addressee, the sender will receive a refund. 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. MoneyGram - is an urgent money transfer by means of wired transfer around the world without opening a bank account. Around the world, MoneyGram is working with leading financial institutions. In MoneyGram were added or converted new currencies in an additional 29 countries during the past year, providing consumers with a wide array of currency payout options. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. MoneyGram launched a new in-person bill payment service which will be delivered through agents in their domestic network, giving consumers an easy, low-cost method to pay their bills. MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality. Money transfer wired system MoneyGram offers annually U.S. $ 500,000 in grants to charitable organizations to support education programs in developing countries. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.