The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. MoneyGram - an international system of money transfers, which is one of the leaders of the world market and unites 233.000 agent locations in 190 countries. What are the main benefits of money transfers by MoneyGram? Simple - the money transfer procedure is maximally simplified. The company continues to automate and enhance MoneyGram 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 financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.