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. After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. AgentConnect allows MoneyGram agents to integrate the money transfer service with their internal security and training processes. The benefits of money transfers by MoneyGram: no fixup (the recipient may request payment at any MoneyGram agent in the country of receiving). MoneyGram's total revenue for the 2nd quarter of 2012 was $ 330.1 million, having been increased on 7% compared to $ 310 million in Q2 2011. Around the world, MoneyGram is working with leading financial institutions. How quickly the money will reach the recipient? MoneyGram Money Order comes anywhere in the world in 10 minutes. What are the main benefits of money transfers by MoneyGram? Individual flexible service. The recipient has the opportunity to receive money at any MoneyGram office anywhere in the world. 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.
AgentConnect allows MoneyGram agents to integrate the money transfer service with their internal security and training processes. The benefits of money transfers by MoneyGram: no fixup (the recipient may request payment at any MoneyGram agent in the country of receiving). After the correction of tariffs, volumes of MoneyGram transfers increased by 30%.