International company MoneyGram has expanded its service capabilities of online money transfers to UK residents. The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. The benefits of money transfers by MoneyGram: payment of commission is only at the expense of sender. MoneyGram's total revenue for the 2nd quarter of 2012 was $ 330.1 million, having been increased on 7% compared to $ 310 million in Q2 2011. In due time MoneyGram separated from the Western Union and became an independent brand. MoneyGram offers an efficient, fast and secure way to send money around the world. How to obtain the money? You go to any branch or affiliate partner of MoneyGram, show your identity document, fill in the letterhead, which specify a the transfer code and get the money. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc.