Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. For the recipient MoneyGram service of wired transfer is free. All expenses will be paid by the sender at the time of sending money. Bank services of MoneyGram on money transfer are available only to individuals. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. The benefits of money transfers by MoneyGram: the opportunity to send a telegram with money transfer (up to 10 words) for free. The benefits of money transfers by MoneyGram: branching of network of the implementation of transfers across the world. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.