After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. 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. It is very convenient and quick to transfer money without opening accounts and having no payment cards, precisely due to this wired transfer system MoneyGram has become one of the most common worldwide. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.