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. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. The benefits of money transfers by MoneyGram: payment of commission is only at the expense of sender. Understanding that being in another country, you may not be fluent in the local language, that's why MoneyGram always tries to talk to you in your native language. Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. MoneyGram - is an urgent money transfer by means of wired transfer around the world without opening a bank account. The company continues to automate and enhance MoneyGram Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc.