The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. 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. The benefits of money transfers by MoneyGram: the transfer is available in the system to obtain within 90 days. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.