Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. Around the world, MoneyGram is working with leading financial institutions. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.