If MoneyGram money transfer, for some reason has not been received by the addressee, the sender will receive a refund. 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. As part of the 2008 Recapitalization, our wholly owned subsidiary, MoneyGram Payment Systems Worldwide, Inc., issued Goldman Sachs $500.0 million of senior secured second lien notes with a 10-year maturity. MoneyGram offers an efficient, fast and secure way to send money around the world. 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. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc.