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. Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. Very intensive and focused approach has helped MoneyGram to grow business at a rapid pace and establish MoneyGram as a global player in the marketplace. Experienced consultants of MoneyGram will help you in execution of documents for payment and you will be pleasantly surprised by the speed of service. The benefits of money transfers by MoneyGram: high level of data protection and confidentiality of money transfers. The benefits of money transfers by MoneyGram: the opportunity to send a telegram with money transfer (up to 10 words) for free. In whatever part of the world you are, you can trust your money transfer to the company MoneyGram. The benefits of money transfers by MoneyGram: the transfer is available in the system to obtain within 90 days.