If MoneyGram money transfer, for some reason has not been received by the addressee, the sender will receive a refund. Wired money transfer system MoneyGram is no longer new to us. According to statistics, every 4th person knows about it, or at least heard. What are the main benefits of money transfers by MoneyGram? Simple - the money transfer procedure is maximally simplified. Millions of people around the world trust MoneyGram, as the wired transfer system provides its customers with a reliable, fast and inexpensive service. How quickly the money will reach the recipient? MoneyGram Money Order comes anywhere in the world in 10 minutes. As part of the 2008 Recapitalization, our wholly owned subsidiary, MoneyGram Payment Systems Worldwide, Inc., issued Goldman Sachs $500.0 million of senior secured second lien notes with a 10-year maturity. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. Millions of families depend on MoneyGram to safely send money home or pay the bills.