The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. MoneyGram agents are located - in post offices, bank offices, supermarkets, and even travel agencies. MoneyGram completed the acquisition of MoneyCard World Express, S.A. (MoneyCard) and Cambios Sol, S.A., two money transfer super-agents located in Spain. The benefits of money transfers by MoneyGram: high level of data protection and confidentiality of money transfers. 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. Money transfer wired system MoneyGram offers annually U.S. $ 500,000 in grants to charitable organizations to support education programs in developing countries. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.