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. Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. In due time MoneyGram separated from the Western Union and became an independent brand. 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. Money orders and official checks by MoneyGram continue their steady performance and expanded line of bill payment services deliver excellent results. Millions of families depend on MoneyGram to safely send money home or pay the bills. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.