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. When sending the transfer via MoneyGram in one currency and receiving it in another, then currency conversion is carried out at the current rate of sales of current service point. The benefits of money transfers by MoneyGram: payment of commission is only at the expense of sender. Using the MoneyGram system, you can easily send money to your relatives and friends in other countries. 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. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.