The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. 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. Bank services of MoneyGram on money transfer are available only to individuals. 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. MoneyGram company operates around the clock and all 7 days a week, so the time of money transfer takes only 10 minutes.