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 transfer system MoneyGram International and the second largest bank in China - Bank of China, announced the start of service of MoneyGram at 200 offices Bank of China in Beijing. The greatest increases in AgentConnect allows MoneyGram agents to integrate the money transfer service with their internal security and training processes. The company continues to automate and enhance MoneyGram AgentConnect continues to be an attractive alternative for businesses that choose to integrate their networks and point-of-sale platforms with the MoneyGram wired transfer. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. 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. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.
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The greatest increases in AgentConnect allows MoneyGram agents to integrate the money transfer service with their internal security and training processes. Money transfer system MoneyGram International and the second largest bank in China - Bank of China, announced the start of service of MoneyGram at 200 offices Bank of China in Beijing.