Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. International company MoneyGram has expanded its service capabilities of online money transfers to UK residents. Wired money transfer system MoneyGram is no longer new to us. According to statistics, every 4th person knows about it, or at least heard. MoneyGram International, one of the leading companies in the global money transfer market, has announced that its customers in Israel can now send and receive money transfers in Euro. 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. Using the MoneyGram system, you can easily send money to your relatives and friends in other countries. The benefits of money transfers by MoneyGram: high level of data protection and confidentiality of money transfers.