The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. The benefits of money transfers by MoneyGram: no fixup (the recipient may request payment at any MoneyGram agent in the country of receiving). 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. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. Commission income on remittances and other revenues of MoneyGram in the 2nd quarter 2012 increased by 10% compared to the same period last year and 13% in the base currency. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.