Since going public two and a half years ago, MoneyGram has made great strides by pouring energy and resources into several critically important areas for business. 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. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. Money transfer wired system MoneyGram offers annually U.S. $ 500,000 in grants to charitable organizations to support education programs in developing countries. The benefits of money transfers by MoneyGram: simplicity in making up. 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.