The benefits of money transfers by MoneyGram: payment of commission is only at the expense of sender. In due time MoneyGram separated from the Western Union and became an independent brand. Money transfer system MoneyGram International and the second largest bank in China - Bank of China, announced the start of service of MoneyGram at 200 offices Bank of China in Beijing. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. MoneyGram launched a new in-person bill payment service which will be delivered through agents in their domestic network, giving consumers an easy, low-cost method to pay their bills. Last year, MoneyGram business in the CIS and Eastern Europe took priority positions to increase the number of branches in comparison with other regions - were opened new four thousand branches.
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Money transfer system MoneyGram International and the second largest bank in China - Bank of China, announced the start of service of MoneyGram at 200 offices Bank of China in Beijing. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. In due time MoneyGram separated from the Western Union and became an independent brand.