The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. 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. 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. Today, MoneyGram - is the second world leader by the growth of money transfers between individuals and the dynamics of international network services. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.