The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. After the correction of tariffs, volumes of MoneyGram transfers increased by 30%. MoneyGram's total revenue for the 2nd quarter of 2012 was $ 330.1 million, having been increased on 7% compared to $ 310 million in Q2 2011. In the city of San Salvador representatives of MoneyGram and Citibank announced a new regional project, which will provide money transfer services in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. 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. MoneyGram offers an efficient, fast and secure way to send money around the world. What are the main benefits of money transfers by MoneyGram? Reliability - the international payment system gives complete assurance that the money will be paid to the recipient. Millions of families depend on MoneyGram to safely send money home or pay the bills.