When sending the transfer via MoneyGram in one currency and receiving it in another, then currency conversion is carried out at the current rate of sales of current service point. In due time MoneyGram separated from the Western Union and became an independent brand. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. Bank services of MoneyGram on money transfer are available only to individuals. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. What are the main benefits of money transfers by MoneyGram? Reliability - the international payment system gives complete assurance that the money will be paid to the recipient. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.
The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. Bank services of MoneyGram on money transfer are available only to individuals. In due time MoneyGram separated from the Western Union and became an independent brand.