The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. If you need to cancel or change a transaction, then you should contact by telephone with the MoneyGram branch agent, made the transaction for you. MoneyGram - is an urgent money transfer by means of wired transfer around the world without opening a bank account. What are the main benefits of money transfers by MoneyGram? Reliability - the international payment system gives complete assurance that the money will be paid to the recipient. The benefits of money transfers by MoneyGram: sender of of transfer can choose to receive a money transfer currency - U.S. dollars or euros.