The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. AgentConnect allows MoneyGram agents to integrate the money transfer service with their internal security and training processes. Around the world, MoneyGram is working with leading financial institutions. Bank services of MoneyGram on money transfer are available only to individuals. MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality.