The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. AgentConnect allows MoneyGram agents to integrate the money transfer service with their internal security and training processes. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. Since going public two and a half years ago, MoneyGram has made great strides by pouring energy and resources into several critically important areas for business. Bank services of MoneyGram on money transfer are available only to individuals. The benefits of money transfers by MoneyGram: high level of data protection and confidentiality of money transfers. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. Keep in mind that if your locality there are several banks, working with MoneyGram and you will convert the currency received, before receiving check currency rates in several points - they can vary.