International company MoneyGram has expanded its service capabilities of online money transfers to UK residents. The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. The benefits of money transfers by MoneyGram: high-speed delivery of transfers (10-15 min). Commission income on remittances and other revenues of MoneyGram in the 2nd quarter 2012 increased by 10% compared to the same period last year and 13% in the base currency. Keep in mind that if your locality there are several banks, working with MoneyGram and you will convert the currency received, before receiving check currency rates in several points - they can vary. In March 2012, the company MoneyGram merged with the network of U.S. payment centers ZipZap.