For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. The Global Funds Transfer segment is the primary segment of MoneyGram, providing money transfer and bill payment services to consumers, who are often unbanked or underbanked. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap. MoneyGram company operates around the clock and all 7 days a week, so the time of money transfer takes only 10 minutes. MoneyGram cooperates with numerous partners from Europe. Among them such financial establishments as Post of Canada, Cyprus, Ukraine, Iceland, Moldova, the Royal Mail of UK and Norway, Italian Post, Bank of Ireland, Sberbank of Russia, Kocbank, Banco Popular Espanol, and many others. The benefits of money transfers by MoneyGram: the opportunity to send a telegram with money transfer (up to 10 words) for free. The company continues to automate and enhance MoneyGram
MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap. The Global Funds Transfer segment is the primary segment of MoneyGram, providing money transfer and bill payment services to consumers, who are often unbanked or underbanked.