Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. 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. Very intensive and focused approach has helped MoneyGram to grow business at a rapid pace and establish MoneyGram as a global player in the marketplace. In 2010, MoneyGram announced a donation of U.S. $ 200,000 from the International Red Cross to help the people of Pakistan in fighting with the effects of flooding. AgentConnect continues to be an attractive alternative for businesses that choose to integrate their networks and point-of-sale platforms with the MoneyGram wired transfer. Using the MoneyGram system, you can easily send money to your relatives and friends in other countries. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. Today, MoneyGram - is the second world leader by the growth of money transfers between individuals and the dynamics of international network services. Keep in mind that if your locality there are several banks, working with MoneyGram and you will convert the currency received, before receiving check currency rates in several points - they can vary.