The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. What are the main benefits of money transfers by MoneyGram? Simple - the money transfer procedure is maximally simplified. The main clients of MoneyGram are students, travelers, immigrants, expatriates, however, recently representatives of businesses who appreciate the advantages of fast and reliable money transfer, joined them. In MoneyGram were added or converted new currencies in an additional 29 countries during the past year, providing consumers with a wide array of currency payout options. In 2010, MoneyGram announced a donation of U.S. $ 200,000 from the International Red Cross to help the people of Pakistan in fighting with the effects of flooding. MoneyGram offers an efficient, fast and secure way to send money around the world. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. Commission income on remittances and other revenues of MoneyGram in the 2nd quarter 2012 increased by 10% compared to the same period last year and 13% in the base currency. The benefits of money transfers by MoneyGram: sender of of transfer can choose to receive a money transfer currency - U.S. dollars or euros.