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. MoneyGram wired transfer implemented many changes to its technology platforms designed to prevent or detect suspicious transactions. Around the world, MoneyGram is working with leading financial institutions. MoneyGram launched a new in-person bill payment service which will be delivered through agents in their domestic network, giving consumers an easy, low-cost method to pay their bills. MoneyGram What are the main benefits of money transfers by MoneyGram? Cost. Today, it is most advantageous to the customer service of all the similar services.