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. MoneyGram wired transfer implemented many changes to its technology platforms designed to prevent or detect suspicious transactions. After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. MoneyGram cooperates with numerous partners from Europe. Among them such financial establishments as Post of Canada, Cyprus, Ukraine, Iceland, Moldova, the Royal Mail of UK and Norway, Italian Post, Bank of Ireland, Sberbank of Russia, Kocbank, Banco Popular Espanol, and many others. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. MoneyGram agents are located - in post offices, bank offices, supermarkets, and even travel agencies. The easiest way to send money via MoneyGram - is to use our website and find the nearest MoneyGram agent location. Bank services of MoneyGram on money transfer are available only to individuals. Using the MoneyGram system, you can easily send money to your relatives and friends in other countries. Commission income on remittances and other revenues of MoneyGram in the 2nd quarter 2012 increased by 10% compared to the same period last year and 13% in the base currency.