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. What are the main benefits of money transfers by MoneyGram? Availability - MoneyGram payment system services are available everywhere, in more than 186 thousand locations in 190 countries. In due time MoneyGram separated from the Western Union and became an independent brand. Very intensive and focused approach has helped MoneyGram to grow business at a rapid pace and establish MoneyGram as a global player in the marketplace. Bank services of MoneyGram on money transfer are available only to individuals. To 284 thousands of service points has grown global network of MoneyGram agent offices in the 2nd quarter of 2012 due to India, Spain and Africa, thus its growth was 16%. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.