In due time MoneyGram separated from the Western Union and became an independent brand. Around the world, MoneyGram is working with leading financial institutions. In the city of San Salvador representatives of MoneyGram and Citibank announced a new regional project, which will provide money transfer services in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. MoneyGram International, Inc. - The U.S. financial company engaged in operations in the international financial markets since 1940. MoneyGram offers an efficient, fast and secure way to send money around the world. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.