When sending the transfer via MoneyGram in one currency and receiving it in another, then currency conversion is carried out at the current rate of sales of current service point. 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, one of the leading companies in the global money transfer market, has announced that its customers in Israel can now send and receive money transfers in Euro. MoneyGram's consumers and agents expect reliability and safety and that is precisely what MoneyGram continues to deliver, transaction by transaction. The benefits of money transfers by MoneyGram: high level of data protection and confidentiality of money transfers. The benefits of money transfers by MoneyGram: simplicity in making up. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.