On March 7, 2011, MoneyGram entered into a Recapitalization Agreement with THL, as the holder of all of the B Stock, and Goldman Sachs, as the holder of all of the B-1 Stock. 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. MoneyGram - an international system of money transfers, which is one of the leaders of the world market and unites 233.000 agent locations in 190 countries. What are the main benefits of money transfers by MoneyGram? Availability - MoneyGram payment system services are available everywhere, in more than 186 thousand locations in 190 countries. The main clients of MoneyGram are students, travelers, immigrants, expatriates, however, recently representatives of businesses who appreciate the advantages of fast and reliable money transfer, joined them. At the heart of MoneyGram is trust and reliability of customers. You can quickly send and receive money, as money transfers usually come to the recipient within 10 minutes. Money transfer wired system MoneyGram offers annually U.S. $ 500,000 in grants to charitable organizations to support education programs in developing countries. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.