MoneyGram International, one of the leaders in the market of international money transfers, announced about its entering the market of Bosnia and Herzegovina, started cooperation with the country's largest bank Nova Bank. The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. Bank services of MoneyGram on money transfer are available only to individuals. The benefits of money transfers by MoneyGram: high level of data protection and confidentiality of money transfers. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.