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. In due time MoneyGram separated from the Western Union and became an independent brand. How quickly the money will reach the recipient? MoneyGram Money Order comes anywhere in the world in 10 minutes. 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. To 284 thousands of service points has grown global network of MoneyGram agent offices in the 2nd quarter of 2012 due to India, Spain and Africa, thus its growth was 16%. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.