The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. If you need to cancel or change a transaction, then you should contact by telephone with the MoneyGram branch agent, made the transaction for you. Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. 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. The benefits of money transfers by MoneyGram: high-speed delivery of transfers (10-15 min).