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. MoneyGram - is an urgent money transfer by means of wired transfer around the world without opening a bank account. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. The benefits of money transfers by MoneyGram: branching of network of the implementation of transfers across the world. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.