The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. In due time MoneyGram separated from the Western Union and became an independent brand. Bank services of MoneyGram on money transfer are available only to individuals. 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. MoneyGram company operates around the clock and all 7 days a week, so the time of money transfer takes only 10 minutes.