The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. MoneyGram wired transfer implemented many changes to its technology platforms designed to prevent or detect suspicious transactions. MoneyGram cooperates with numerous partners from Europe. Among them such financial establishments as Post of Canada, Cyprus, Ukraine, Iceland, Moldova, the Royal Mail of UK and Norway, Italian Post, Bank of Ireland, Sberbank of Russia, Kocbank, Banco Popular Espanol, and many others. How quickly the money will reach the recipient? MoneyGram Money Order comes anywhere in the world in 10 minutes. As part of the 2008 Recapitalization, our wholly owned subsidiary, MoneyGram Payment Systems Worldwide, Inc., issued Goldman Sachs $500.0 million of senior secured second lien notes with a 10-year maturity. Sum of the money transfer is paid immediately upon request at any convenient for client currency - cash in U.S. dollars, Euro, local currency, depending on the country of the transfer receiving. Millions of families depend on MoneyGram to safely send money home or pay the bills. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year. Today, MoneyGram - is the second world leader by the growth of money transfers between individuals and the dynamics of international network services.