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%. Millions of people around the world trust MoneyGram, as the wired transfer system provides its customers with a reliable, fast and inexpensive service. What are the main benefits of money transfers by MoneyGram? Individual flexible service. The recipient has the opportunity to receive money at any MoneyGram office anywhere in the world. Sum of the money transfer is paid immediately upon request at any convenient for client currency - cash in U.S. dollars, Euro, local currency, depending on the country of the transfer receiving. MoneyGram Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc.