Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. International company MoneyGram has expanded its service capabilities of online money transfers to UK residents. After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. MoneyGram cooperates with numerous partners from Europe. Among them such financial establishments as Post of Canada, Cyprus, Ukraine, Iceland, Moldova, the Royal Mail of UK and Norway, Italian Post, Bank of Ireland, Sberbank of Russia, Kocbank, Banco Popular Espanol, and many others. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.