Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. In due time MoneyGram separated from the Western Union and became an independent brand. Millions of people around the world trust MoneyGram, as the wired transfer system provides its customers with a reliable, fast and inexpensive service. If you need to cancel or change a transaction, then you should contact by telephone with the MoneyGram branch agent, made the transaction for you. In 2011, a global network of agents of MoneyGram has grown up to 256 000 service points, thus its growth is 24% compared to the same period of the previous year. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. The benefits of money transfers by MoneyGram: high level of data protection and confidentiality of money transfers. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. To 284 thousands of service points has grown global network of MoneyGram agent offices in the 2nd quarter of 2012 due to India, Spain and Africa, thus its growth was 16%. Keep in mind that if your locality there are several banks, working with MoneyGram and you will convert the currency received, before receiving check currency rates in several points - they can vary.