Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. In the city of San Salvador representatives of MoneyGram and Citibank announced a new regional project, which will provide money transfer services in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. The Global Funds Transfer segment is the primary segment of MoneyGram, providing money transfer and bill payment services to consumers, who are often unbanked or underbanked. In whatever part of the world you are, you can trust your money transfer to the company MoneyGram.