Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. The benefits of money transfers by MoneyGram: payment of commission is only at the expense of sender. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. In whatever part of the world you are, you can trust your money transfer to the company MoneyGram. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.