The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. AgentConnect allows MoneyGram agents to integrate the money transfer service with their internal security and training processes. MoneyGram International, Inc. - The U.S. financial company engaged in operations in the international financial markets since 1940. 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.