The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. When sending the transfer via MoneyGram in one currency and receiving it in another, then currency conversion is carried out at the current rate of sales of current service point. 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. Understanding that being in another country, you may not be fluent in the local language, that's why MoneyGram always tries to talk to you in your native language. 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 hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. The benefits of money transfers by MoneyGram: high-speed delivery of transfers (10-15 min). Commission income on remittances and other revenues of MoneyGram in the 2nd quarter 2012 increased by 10% compared to the same period last year and 13% in the base currency. The benefits of money transfers by MoneyGram: the transfer is available in the system to obtain within 90 days.