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. Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. 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. 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 benefits of money transfers by MoneyGram: high level of data protection and confidentiality of money transfers. The benefits of money transfers by MoneyGram: high-speed delivery of transfers (10-15 min).