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. What are the main benefits of money transfers by MoneyGram? Simple - the money transfer procedure is maximally simplified. Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. How quickly the money will reach the recipient? MoneyGram Money Order comes anywhere in the world in 10 minutes. MoneyGram launched a new in-person bill payment service which will be delivered through agents in their domestic network, giving consumers an easy, low-cost method to pay their bills. Using the MoneyGram system, you can easily send money to your relatives and friends in other countries. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. The benefits of money transfers by MoneyGram: branching of network of the implementation of transfers across the world. Keep in mind that if your locality there are several banks, working with MoneyGram and you will convert the currency received, before receiving check currency rates in several points - they can vary. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.