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. Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. 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. In 2011, a global network of agents of MoneyGram has grown up to 256 000 service points, thus its growth is 24% compared to the same period of the previous year. MoneyGram - is an urgent money transfer by means of wired transfer around the world without opening a bank account. Last year, MoneyGram business in the CIS and Eastern Europe took priority positions to increase the number of branches in comparison with other regions - were opened new four thousand branches. Money transfer wired system MoneyGram offers annually U.S. $ 500,000 in grants to charitable organizations to support education programs in developing countries.