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. After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. MoneyGram agents are located - in post offices, bank offices, supermarkets, and even travel agencies. MoneyGram International, one of the leading companies in the global money transfer market, has announced that its customers in Israel can now send and receive money transfers in Euro. Bank services of MoneyGram on money transfer are available only to individuals. Using the MoneyGram system, you can easily send money to your relatives and friends in other countries. 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. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.