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. MoneyGram - an international system of money transfers, which is one of the leaders of the world market and unites 233.000 agent locations in 190 countries. 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. AgentConnect continues to be an attractive alternative for businesses that choose to integrate their networks and point-of-sale platforms with the MoneyGram wired transfer. To 284 thousands of service points has grown global network of MoneyGram agent offices in the 2nd quarter of 2012 due to India, Spain and Africa, thus its growth was 16%. The benefits of money transfers by MoneyGram: the opportunity to send a telegram with money transfer (up to 10 words) for free. Today, MoneyGram - is the second world leader by the growth of money transfers between individuals and the dynamics of international network services. The benefits of money transfers by MoneyGram: sender of of transfer can choose to receive a money transfer currency - U.S. dollars or euros.