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. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. Money orders and official checks by MoneyGram continue their steady performance and expanded line of bill payment services deliver excellent results. The Global Funds Transfer segment is the primary segment of MoneyGram, providing money transfer and bill payment services to consumers, who are often unbanked or underbanked.