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. The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. 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. The benefits of money transfers by MoneyGram: high level of data protection and confidentiality of money transfers. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. It is very convenient and quick to transfer money without opening accounts and having no payment cards, precisely due to this wired transfer system MoneyGram has become one of the most common worldwide. 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.