What are the main benefits of money transfers by MoneyGram? Simple - the money transfer procedure is maximally simplified. In due time MoneyGram separated from the Western Union and became an independent brand. MoneyGram International, Inc. - The U.S. financial company engaged in operations in the international financial markets since 1940. MoneyGram International, one of the leading companies in the global money transfer market, has announced that its customers in Israel can now send and receive money transfers in Euro. How quickly the money will reach the recipient? MoneyGram Money Order comes anywhere in the world in 10 minutes. MoneyGram completed the acquisition of MoneyCard World Express, S.A. (MoneyCard) and Cambios Sol, S.A., two money transfer super-agents located in Spain. 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. MoneyGram Commission income on remittances and other revenues of MoneyGram in the 2nd quarter 2012 increased by 10% compared to the same period last year and 13% in the base currency. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.