Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. MoneyGram - is an urgent money transfer by means of wired transfer around the world without opening a bank account. Bank services of MoneyGram on money transfer are available only to individuals. 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. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc.