The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. 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. At the heart of MoneyGram is trust and reliability of customers. You can quickly send and receive money, as money transfers usually come to the recipient within 10 minutes. MoneyGram MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.