Money transfer system MoneyGram International and the second largest bank in China - Bank of China, announced the start of service of MoneyGram at 200 offices Bank of China in Beijing. When sending the transfer via MoneyGram in one currency and receiving it in another, then currency conversion is carried out at the current rate of sales of current service point. In due time MoneyGram separated from the Western Union and became an independent brand. How to receive money via MoneyGram wired transfer? To obtain a money transfer it is necessary know the number of transfer from the sender. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc.