When sending the transfer via MoneyGram in one currency and receiving it in another, then currency conversion is carried out at the current rate of sales of current service point. Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions.