Money transfer system MoneyGram International and the second largest bank in China - Bank of China, announced the start of service of MoneyGram at 200 offices Bank of China in Beijing. The benefits of money transfers by MoneyGram: payment of commission is only at the expense of sender. MoneyGram International, one of the leading companies in the global money transfer market, has announced that its customers in Israel can now send and receive money transfers in Euro. How quickly the money will reach the recipient? MoneyGram Money Order comes anywhere in the world in 10 minutes. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc.