Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. 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. What are the main benefits of money transfers by MoneyGram? Simple - the money transfer procedure is maximally simplified. Since going public two and a half years ago, MoneyGram has made great strides by pouring energy and resources into several critically important areas for business. Experienced consultants of MoneyGram will help you in execution of documents for payment and you will be pleasantly surprised by the speed of service. How quickly the money will reach the recipient? MoneyGram Money Order comes anywhere in the world in 10 minutes. Bank services of MoneyGram on money transfer are available only to individuals. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc.