If MoneyGram money transfer, for some reason has not been received by the addressee, the sender will receive a refund. Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. In due time MoneyGram separated from the Western Union and became an independent brand. MoneyGram agents are located - in post offices, bank offices, supermarkets, and even travel agencies. As part of the 2008 Recapitalization, our wholly owned subsidiary, MoneyGram Payment Systems Worldwide, Inc., issued Goldman Sachs $500.0 million of senior secured second lien notes with a 10-year maturity. How to obtain the money? You go to any branch or affiliate partner of MoneyGram, show your identity document, fill in the letterhead, which specify a the transfer code and get the money. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. Keep in mind that if your locality there are several banks, working with MoneyGram and you will convert the currency received, before receiving check currency rates in several points - they can vary.