Originally Ria Money Transfer was servicing Latin American diaspora in the U.S. (hence the name). When sending money or receiving a payment via RIA Envia a client wants to open the bank account, such account is opened by for free. When sending money, a client has to take into account transfer time to the point of transfer payment and in general the difference in time on different continents. The strategy of RIA Money Transfers was aimed on developing of a system of international money transfers, insuring and helping migrant workers to transfer money home. Fee for sending of the transfer via RIA Money Transfer will be charged at a rate from 2.5 to 4% of the amount transferred. RIA was founded in 1987 and it is today is one of the largest money transfer company in the world, with a global agent network. Ria MoneyTransfer agent network includes over 10,000 branches in 74 countries, among which are almost all major countries from Europe (except Belgium), and America.