Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. The benefits of money transfers by MoneyGram: payment of commission is only at the expense of sender. Around the world, MoneyGram is working with leading financial institutions. Sum of the money transfer is paid immediately upon request at any convenient for client currency - cash in U.S. dollars, Euro, local currency, depending on the country of the transfer receiving. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. To 284 thousands of service points has grown global network of MoneyGram agent offices in the 2nd quarter of 2012 due to India, Spain and Africa, thus its growth was 16%. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.