MoneyGram International, one of the leaders in the market of international money transfers, announced about its entering the market of Bosnia and Herzegovina, started cooperation with the country's largest bank Nova Bank. In due time MoneyGram separated from the Western Union and became an independent brand. Since going public two and a half years ago, MoneyGram has made great strides by pouring energy and resources into several critically important areas for business. Millions of people around the world trust MoneyGram, as the wired transfer system provides its customers with a reliable, fast and inexpensive service. MoneyGram agents are located - in post offices, bank offices, supermarkets, and even travel agencies. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. Money transfer wired system MoneyGram offers annually U.S. $ 500,000 in grants to charitable organizations to support education programs in developing countries.