A money order from the MoneyGram financial service can be cashed in the United States at various locations, including banks, grocery stores and dedicated check-cashing facilities. It is possible to deposit it into a standard checking account at a bank, where it is typically treated the same as cash. When presented at other check-cashing venues, the funds are typically available right away as long as proper identification is provided.Continue Reading
Most banks do not charge a fee to established customers for cashing MoneyGram money orders. If the receiver of a MoneyGram does not have a checking or savings account at a standard banking institution, the next best option is a local supermarket or respected retailer with a check-cashing service. Rates for cashing the MoneyGram are generally lower at these facilities than at dedicated check-cashing outlets.
Most states regulate the fees and surcharges allowable for cashing checks, so reputable institutions adhere to legal limitations. Customers are advised to look for the official MoneyGram logo in store windows, to read all disclosures before signing anything and to ask about all fees ahead of time. Most institutions require legal photo identification such as a drivers license, state identification card or passport. Others accept alternate forms that include student IDs, utility bills, credit cards or birth certificates.Learn more about Currency & Conversions
As of 2015, MoneyGram money transfer service is available 24 hours daily at most 7-11 convenience stores throughout the Lynnwood, Washington area. All-day money transfer service is also available at Manor Market in Lynnwood, according to the global transfer provider.Full Answer >
Rates and fees for MoneyGram vary depending on the country where the customer is sending funds, the transfer amount and the exchange rate. Same-day transfer fees start at $15 to $20 for express same-day transfers and $8 to $10 for regular economy transfers as of 2015.Full Answer >
MoneyGram describes itself as an international company whose main service is money transfers. MoneyGram services also include money orders, prepaid cards, bill payment services, money transfers to inmates and government payments.Full Answer >
According to MoneyGram, customers can track a MoneyGram order by calling the MoneyGram automated phone line at 1-800-542-3590 and entering the exact amount of the money order and the money order number. With this information, MoneyGram tells you whether or not the money order was cashed.Full Answer >