MoneyGram International, one of the leaders in the market of international money transfers, announced about its entering the market of Bosnia and Herzegovina, started cooperation with the country's largest bank Nova Bank. 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 transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. MoneyGram International, Inc. - The U.S. financial company engaged in operations in the international financial markets since 1940. For the company MoneyGram is important not only to provide customers with an easy and convenient way to carry out money transfers and support their families at home, but also to help them as much as possible to adapt to the foreign countries. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. 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. MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality. Commission income on remittances and other revenues of MoneyGram in the 2nd quarter 2012 increased by 10% compared to the same period last year and 13% in the base currency. Millions of families depend on MoneyGram to safely send money home or pay the bills.