Despite the debt crisis in Europe and other shocks experienced by the world economy, the company MoneyGram International notes the increase in the money transfer market. In due time MoneyGram separated from the Western Union and became an independent brand. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. Using the MoneyGram system, you can easily send money to your relatives and friends in other countries. MoneyGram Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. The benefits of money transfers by MoneyGram: high-speed delivery of transfers (10-15 min). The Global Funds Transfer segment is the primary segment of MoneyGram, providing money transfer and bill payment services to consumers, who are often unbanked or underbanked. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.