The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. When sending the transfer via MoneyGram in one currency and receiving it in another, then currency conversion is carried out at the current rate of sales of current service point. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. MoneyGram International, Inc. - The U.S. financial company engaged in operations in the international financial markets since 1940. In 2010, MoneyGram announced a donation of U.S. $ 200,000 from the International Red Cross to help the people of Pakistan in fighting with the effects of flooding. Money orders and official checks by MoneyGram continue their steady performance and expanded line of bill payment services deliver excellent results. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.