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. When sending the transfer via MoneyGram in one currency and receiving it in another, then currency conversion is carried out at the current rate of sales of current service point. The benefits of money transfers by MoneyGram: simplicity in making up. If MoneyGram money transfer, for some reason has not been received by the addressee, the sender will receive a refund. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. The main clients of MoneyGram are students, travelers, immigrants, expatriates, however, recently representatives of businesses who appreciate the advantages of fast and reliable money transfer, joined them. Around the world, MoneyGram is working with leading financial institutions. MoneyGram's total revenue for the 2nd quarter of 2012 was $ 330.1 million, having been increased on 7% compared to $ 310 million in Q2 2011.
The benefits of money transfers by MoneyGram: simplicity in making up. If MoneyGram money transfer, for some reason has not been received by the addressee, the sender will receive a refund. When sending the transfer via MoneyGram in one currency and receiving it in another, then currency conversion is carried out at the current rate of sales of current service point.