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. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. Today the company MoneyGram International - an independent U.S. company, whose shares are traded on the New York Stock Exchange and MoneyGram money transfer is considered one of the largest international money transfer systems without opening a bank account. The benefits of money transfers by MoneyGram: simplicity in making up. 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.
The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. MoneyGram wired transfer implemented many changes to its technology platforms designed to prevent or detect suspicious transactions.