The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. Despite the debt crisis in Europe and other shocks experienced by the world economy, the company MoneyGram International notes the increase in the money transfer market. MoneyGram International, one of the leading companies in the global money transfer market, has announced that its customers in Israel can now send and receive money transfers in Euro. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.