Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. Around the world, MoneyGram is working with leading financial institutions. MoneyGram completed the acquisition of MoneyCard World Express, S.A. (MoneyCard) and Cambios Sol, S.A., two money transfer super-agents located in Spain. MoneyGram offers an efficient, fast and secure way to send money around the world. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc.