On March 7, 2011, MoneyGram entered into a Recapitalization Agreement with THL, as the holder of all of the B Stock, and Goldman Sachs, as the holder of all of the B-1 Stock. 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. AgentConnect allows MoneyGram agents to integrate the money transfer service with their internal security and training processes. MoneyGram International, Inc. - The U.S. financial company engaged in operations in the international financial markets since 1940. Bank services of MoneyGram on money transfer are available only to individuals. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. Commission income on remittances and other revenues of MoneyGram in the 2nd quarter 2012 increased by 10% compared to the same period last year and 13% in the base currency. The benefits of money transfers by MoneyGram: the transfer is available in the system to obtain within 90 days. Today, MoneyGram - is the second world leader by the growth of money transfers between individuals and the dynamics of international network services.