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. When sending the transfer via MoneyGram in one currency and receiving it in another, then currency conversion is carried out at the current rate of sales of current service point. In due time MoneyGram separated from the Western Union and became an independent brand. To find MoneyGram agents will help you easily recognizable logo, as well as our website which will help you find the nearest location to send and receive money via MoneyGram. How quickly the money will reach the recipient? MoneyGram Money Order comes anywhere in the world in 10 minutes. 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. Today, MoneyGram - is the second world leader by the growth of money transfers between individuals and the dynamics of international network services.