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. In due time MoneyGram separated from the Western Union and became an independent brand. In MoneyGram were added or converted new currencies in an additional 29 countries during the past year, providing consumers with a wide array of currency payout options. MoneyGram completed the acquisition of MoneyCard World Express, S.A. (MoneyCard) and Cambios Sol, S.A., two money transfer super-agents located in Spain. Money orders and official checks by MoneyGram continue their steady performance and expanded line of bill payment services deliver excellent results. 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%. Undoubtedly, you should use the system of electronic money transfers MoneyGram, if you want to send or receive money with the guarantee of their delivery and safety.