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. Bank services of MoneyGram on money transfer are available only to individuals. Money orders and official checks by MoneyGram continue their steady performance and expanded line of bill payment services deliver excellent results. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. The benefits of money transfers by MoneyGram: the opportunity to send a telegram with money transfer (up to 10 words) for free.