If MoneyGram money transfer, for some reason has not been received by the addressee, the sender will receive a refund. MoneyGram wired transfer implemented many changes to its technology platforms designed to prevent or detect suspicious transactions. 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. 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. As part of the 2008 Recapitalization, our wholly owned subsidiary, MoneyGram Payment Systems Worldwide, Inc., issued Goldman Sachs $500.0 million of senior secured second lien notes with a 10-year maturity. Bank services of MoneyGram on money transfer are available only to individuals. What are the main benefits of money transfers by MoneyGram? Reliability - the international payment system gives complete assurance that the money will be paid to the recipient. Thousands of businesses count on MoneyGram for payment services to move money and drive commerce. This is a trust that MoneyGram takes very seriously. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.