In the city of San Salvador representatives of MoneyGram and Citibank announced a new regional project, which will provide money transfer services in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. How quickly the money will reach the recipient? MoneyGram Money Order comes anywhere in the world in 10 minutes. MoneyGram completed the acquisition of MoneyCard World Express, S.A. (MoneyCard) and Cambios Sol, S.A., two money transfer super-agents located in Spain. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc.