Since going public two and a half years ago, MoneyGram has made great strides by pouring energy and resources into several critically important areas for business. Around the world, MoneyGram is working with leading financial institutions. As part of the 2008 Recapitalization, our wholly owned subsidiary, MoneyGram Payment Systems Worldwide, Inc., issued Goldman Sachs $500.0 million of senior secured second lien notes with a 10-year maturity. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. What are the main benefits of money transfers by MoneyGram? Reliability - the international payment system gives complete assurance that the money will be paid to the recipient. The benefits of money transfers by MoneyGram: branching of network of the implementation of transfers across the world.