On March 7, 2011, MoneyGram entered into a Recapitalization Agreement with THL, as the holder of all of the B Stock, and Goldman Sachs, as the holder of all of the B-1 Stock. 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 wired transfer implemented many changes to its technology platforms designed to prevent or detect suspicious transactions. What are the main benefits of money transfers by MoneyGram? Simple - the money transfer procedure is maximally simplified. What are the main benefits of money transfers by MoneyGram? Reliability - the international payment system gives complete assurance that the money will be paid to the recipient. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.