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. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. Withdrawal of Webmoney via MoneyGram allows to get cash within a day. No need to wait a long time to obtain funds, and then also to stand in queues. Everything happens very quickly. MoneyGram's consumers and agents expect reliability and safety and that is precisely what MoneyGram continues to deliver, transaction by transaction. Sum of the money transfer is paid immediately upon request at any convenient for client currency - cash in U.S. dollars, Euro, local currency, depending on the country of the transfer receiving. MoneyGram MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality. The benefits of money transfers by MoneyGram: the opportunity to send a telegram with money transfer (up to 10 words) for free. MoneyGram company operates around the clock and all 7 days a week, so the time of money transfer takes only 10 minutes.