The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. The greatest increases in In due time MoneyGram separated from the Western Union and became an independent brand. Since going public two and a half years ago, MoneyGram has made great strides by pouring energy and resources into several critically important areas for business. Around the world, MoneyGram is working with leading financial institutions. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. Using the MoneyGram system, you can easily send money to your relatives and friends in other countries. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.