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. Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. Money transfers can be claimed within 45 days, but if for some reason, this period is exceeded, the processing operator would need additional time to call the main office of the company of MoneyGram for voice authorization. MoneyGram agents are located - in post offices, bank offices, supermarkets, and even travel agencies. Very intensive and focused approach has helped MoneyGram to grow business at a rapid pace and establish MoneyGram as a global player in the marketplace. Sum of the money transfer is paid immediately upon request at any convenient for client currency - cash in U.S. dollars, Euro, local currency, depending on the country of the transfer receiving. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap. The benefits of money transfers by MoneyGram: sender of of transfer can choose to receive a money transfer currency - U.S. dollars or euros.