The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality. The benefits of money transfers by MoneyGram: the opportunity to send a telegram with money transfer (up to 10 words) for free.