The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. The company continues to automate and enhance MoneyGram The benefits of money transfers by MoneyGram: high-speed delivery of transfers (10-15 min). 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. Millions of families depend on MoneyGram to safely send money home or pay the bills.