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. Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. In due time MoneyGram separated from the Western Union and became an independent brand. Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. The benefits of money transfers by MoneyGram: high level of data protection and confidentiality of money transfers.