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 International, Inc. - The U.S. financial company engaged in operations in the international financial markets since 1940. Using the MoneyGram system, you can easily send money to your relatives and friends in other countries. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. 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. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.