If MoneyGram money transfer, for some reason has not been received by the addressee, the sender will receive a refund. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. In 2011, a global network of agents of MoneyGram has grown up to 256 000 service points, thus its growth is 24% compared to the same period of the previous year. The company continues to automate and enhance MoneyGram 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. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.