If MoneyGram money transfer, for some reason has not been received by the addressee, the sender will receive a refund. 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. Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. The benefits of money transfers by MoneyGram: no fixup (the recipient may request payment at any MoneyGram agent in the country of receiving). MoneyGram - is an urgent money transfer by means of wired transfer around the world without opening a bank account. Using the MoneyGram system, you can easily send money to your relatives and friends in other countries. MoneyGram offers an efficient, fast and secure way to send money around the world. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. The Global Funds Transfer segment is the primary segment of MoneyGram, providing money transfer and bill payment services to consumers, who are often unbanked or underbanked.