Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. MoneyGram - an international system of money transfers, which is one of the leaders of the world market and unites 233.000 agent locations in 190 countries. After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. 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. What are the main benefits of money transfers by MoneyGram? Cost. Today, it is most advantageous to the customer service of all the similar services. Last year, MoneyGram business in the CIS and Eastern Europe took priority positions to increase the number of branches in comparison with other regions - were opened new four thousand branches. Keep in mind that if your locality there are several banks, working with MoneyGram and you will convert the currency received, before receiving check currency rates in several points - they can vary.