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. AgentConnect allows MoneyGram agents to integrate the money transfer service with their internal security and training processes. In due time MoneyGram separated from the Western Union and became an independent brand. The easiest way to send money via MoneyGram - is to use our website and find the nearest MoneyGram agent location. 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. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. The benefits of money transfers by MoneyGram: high-speed delivery of transfers (10-15 min). MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.