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: there is no need to open a checking account when implementing the transfer. What are the main benefits of money transfers by MoneyGram? Individual flexible service. The recipient has the opportunity to receive money at any MoneyGram office anywhere in the world. What are the main benefits of money transfers by MoneyGram? Reliability - the international payment system gives complete assurance that the money will be paid to the recipient. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.