The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. MoneyGram wired transfer implemented many changes to its technology platforms designed to prevent or detect suspicious transactions. The benefits of money transfers by MoneyGram: payment of commission is only at the expense of sender. Sum of the money transfer is paid immediately upon request at any convenient for client currency - cash in U.S. dollars, Euro, local currency, depending on the country of the transfer receiving. The Global Funds Transfer segment is the primary segment of MoneyGram, providing money transfer and bill payment services to consumers, who are often unbanked or underbanked.