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. The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. 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. Despite the debt crisis in Europe and other shocks experienced by the world economy, the company MoneyGram International notes the increase in the money transfer market. Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. MoneyGram offers an efficient, fast and secure way to send money around the world. Last year, MoneyGram business in the CIS and Eastern Europe took priority positions to increase the number of branches in comparison with other regions - were opened new four thousand branches. The benefits of money transfers by MoneyGram: the opportunity to send a telegram with money transfer (up to 10 words) for free. Undoubtedly, you should use the system of electronic money transfers MoneyGram, if you want to send or receive money with the guarantee of their delivery and safety.