A MoneyGram is an electronic money transfer sent from one party to another through the MoneyGram network. The sending party can initiate a money transfer online or in person at any MoneyGram location. The receiving party collects the transfer as cash at any other MoneyGram location.Continue Reading
To fund a MoneyGram in person, the sending party must visit a local MoneyGram agent and pay in cash. When funding a money transfer online, the sending party can either set up an ACH debit from a bank account or use a Visa or Mastercard debit card or credit card. After the MoneyGram has been funded, the sending party is given an official Reference Number to pass on to the receiving party. Money is typically available for pickup by the receiving party within 10 minutes.
To collect a MoneyGram, the receiving party must take the official Reference Number and an acceptable form of personal identification to a local MoneyGram location. Identification requirements vary from country to country, but most require a government-issued driver’s license, passport or national identity card. The money transfer is typically paid out to the receiving party in the form of local currency. Depending on the transfer amount and local legal requirements, the transfer may be paid out in the form of a check or money order.Learn more about Personal Banking
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 >
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 >
To track a MoneyGram transfer, you need to log in to your account, find the My Account screen, locate the right reference number, and know the meaning of each status, indicates The Nest. MoneyGram is a secure and simple system that allows you to send money, and transaction tracking is important.Full Answer >
People can send up to $2,999 internationally via MoneyGram by logging on to the MoneyGram website and using a debit/credit card or their U.S. bank account. Users can also find a MoneyGram location by using the find-location feature on its website and transfer money in person.Full Answer >