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. The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. Withdrawal of Webmoney via MoneyGram allows to get cash within a day. No need to wait a long time to obtain funds, and then also to stand in queues. Everything happens very quickly. MoneyGram - is an urgent money transfer by means of wired transfer around the world without opening a bank account. In the city of San Salvador representatives of MoneyGram and Citibank announced a new regional project, which will provide money transfer services in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. The benefits of money transfers by MoneyGram: high-speed delivery of transfers (10-15 min). Money transfer wired system MoneyGram offers annually U.S. $ 500,000 in grants to charitable organizations to support education programs in developing countries. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.