MoneyGram US Review

MoneyGram US Review Summary

The MoneyGram US network offers a variety of ways to send and receive funds. You can send and receive money online or through a local agent. In some countries, you can even transfer money to prepaid debit cards. You can find a location near you and sign up for a MoneyGram account for free. It's quick, easy, and free. However, remember that certain fees and restrictions may apply. Customers can also use MoneyGram to send and receive money from U.S. inmates. These money orders are valid for one year. Besides sending and receiving funds, you can also send money to inmates in correctional facilities. The company has a number of payment options, including credit cards, electronic funds, and bank transfers. The MoneyGram website has a list of acceptable methods.

MoneyGram US review
MoneyGram US Features

MoneyGram US Year Established

1940

MoneyGram US International Clients

MoneyGram US accepts international clients.

MoneyGram US Age requirement

18 years

MoneyGram US Currencies Offered

46 online

MoneyGram US Minimum Transfer

none

MoneyGram US Transfer Fees

0-1.99$

MoneyGram US Office Locations

Headquarters in US, with subsidiary offices and certified agents literally across the globe.

MoneyGram US Employees

MoneyGram US Turnover

1200000000

MoneyGram US Regulation

Financial Conduct Authority (FCA)

MoneyGram US Fees

MoneyGram US transfer fees are 0-1.99$.

Fees with MoneyGram US may vary per transfer, depending on method of sending, currencies and amount. Based on World Bank statistics, the fixed fee can be as high as 19 Pounds for 120 Pound transfer to Ethiopia (source).

Additionally to the fixed fees taken by MoneyGram US, the World Bank Statistics reveal that an additional markup of between 1 and 4 per cent is incurred.

MoneyGram US Client Rating

MoneyGram US has a rating of 3.

Number of MoneyGram US customers

150000000

MoneyGram US Website

www.moneygram.com

MoneyGram US Supported Languages

English, Spanish

MoneyGram US Review

MoneyGram US review
Pros and Cons of Transferring Money with MoneyGram US

Most of the time money transfers with MoneyGram US will be smooth. Each money transfer service have their own benefits and isses, so always weigh the pros and cons of sending money with MoneyGram US money prior to submitting an application to MoneyGram US.

Can you easily afford the MoneyGram US fees, are the exchange rate costs reasonable with MoneyGram US?

MoneyGram US review
MoneyGram US Advantages

  • MoneyGram US has been in business over 4 years
  • MoneyGram US offers PayPal as a payment method
  • MoneyGram US offers Neteller as a payment method
  • MoneyGram US offers Skrill as a payment method
  • MoneyGram US is availble in many international countries.
  • MoneyGram US offers a wide range of money transfer currency options.
  • MoneyGram US offers Cash pickups for money transfers.
  • MoneyGram US offers phone support.
  • MoneyGram US offers email support.
  • MoneyGram US offers an Apple iOS mobile application.
  • MoneyGram US offers an Android Google Play Store mobile app.

MoneyGram US review
MoneyGram US Disadvantages

  • MoneyGram US does not offer PayPal as a payment method
  • MoneyGram US does not offer Neteller as a payment method
  • MoneyGram US does not offer Skrill as a payment method
  • MoneyGram US does not offer a mobile wallet.
  • MoneyGram US does not offer Home delivery for money transfers.
  • MoneyGram US does not offer Money orders.
  • MoneyGram US does not offer Livechat support.

What Is MoneyGram US?

MoneyGram US is a financial service company, that offers its clients money transfer services.

MoneyGram US was founded in 1940 by Alex Holmes and has offices in Dallas, USA.

MoneyGram US provides money transfer services to its 150000000 customers who are from all over the world including Worldwide.

The Dallas, USA MoneyGram US business was founded in 1940 to deliver money orders locally and internationally.

Do MoneyGram US Offer Money Transfer?

Money transfer businesses, or other financial corporations use EFT (electronic funds transfer) to send money across distances, large or small. That is to say that it is not actual money being sent, it is rather data that represents the amount being sent that the recipient can withdraw whenever they wish.

Is MoneyGram US Trusted And Established?

MoneyGram US is among the most recognized and reputable money transfer platforms. It has an exceptional track record and offers reasonable rates.

MoneyGram US was established in 1940 in Dallas, USA, and has been in operation for around 82 years MoneyGram US have a head office in Dallas, USA.

MoneyGram US review
How much does it cost to send a MoneyGram US Transfer?

MoneyGram US money transfer exchange rates are quite minimal compared to banks and other money transfer providers. A minimal percentage is charged on top of the exchange rate as standard practice. MoneyGram US only charges 0-1.99$, when compared to other money transfer service providers.

MoneyGram US review
How much can I send with MoneyGram US?

The maximum transfer amount with MoneyGram US is up to 3000 USD (or its currency equivalent) online.

While MoneyGram US charges a small percent of transfer fees, the brand offers reasonable exchange rates.

MoneyGram US review
MoneyGram US Money Transfer Terms and Conditions

When transferring money with MoneyGram US, it is crucial to keep tabs on the following:

  1. MoneyGram US Speediness. Often the need to money transfer may be urgent and time critical.
  2. MoneyGram US Reliability and reputation. The safety of money and personal information can be a concern for those wanting to use international money transfer services to send money.
  3. MoneyGram US Transaction charges. Transaction charges are important as the majority of customers wish to send money overseas without having to worry about paying excessive charges.
  4. MoneyGram US Ease of use, and convenience. Your money transfer platform should be flexible and offer a good range of options and features, making it more convenient for customers to send money overseas.
  5. MoneyGram US Customer service. Because one can often run into problems when transferring money. A money transfer platform with excellent customer service could solve a lot of problems. MoneyGram US customer service should respond to your queries quickly and work with you to resolve any issues that you have.

MoneyGram US review
How MoneyGram US Compares To Other Money Transfer Companies

NameMoneyGram USXE Money TransferWise
Usedby15000000028000000011000000
Transfer Time1-4 business days1-4 business days1-2 business days
Min TransfernoneUS$1.00US$1.00
Max Transfer3000 USDUS$500,000.00 (or equivalent)US$1,000,000 (varies based on currency)
Payment Methodspay by card or directly from your bank accountBank transfer, credit card, debit cardBank transfer, debit card, credit card, SOFORT transfer
iOS Appyesyesyes
Android Appyesyesyes

MoneyGram US review
MoneyGram US Risk Warning

Any taxes or charges are payable in the destination country. costs may exist that are not paid through MoneyGram US or imposed by MoneyGram US. Your MoneyGram US money transfer transaction may be cancelled if it is demmed to be connected with prohibited activities including all applicable laws regarding anti money laundering or counter terrorism financing laws. or the transaction is actioned through unauthorised use of your MoneyGram US account.

MoneyGram US review
MoneyGram US Fees & Exchange Rates

Several money transfer platforms like MoneyGram US charge money for every money transfer a customer makes through their platforms. Other than that, every time an individual exchanges money from one particular currency to another, the money transfer operator in this case MoneyGram US may charge for a currency exchange.

MoneyGram US review
MoneyGram US Transfer Fees

A transfer fee is the sum of money that a money transfer operator like MoneyGram US charges a customer for transferring money to a recipient. The amount charged depends on the operator charging it.

MoneyGram US review
MoneyGram US Exchange Rate Margins

Exchange rate margins are how MoneyGram US, banks and other financial corporations make profit off their services instead of charging customers with commission fees.

When a bank or a money transfer service like MoneyGram US quotes an exchange rate to a customer, they usually take the interbank rate and add an amount known as a margin rate. Check with MoneyGram US to see what their exchange rate margin is.

MoneyGram US review
MoneyGram US Methods to Transfer Funds

A MoneyGram US fund transfer is when someone sends money from their account to another person's account. Money can be transferred using different methods, e.g. online, via the phone, or a mobile app.

The methods to transfer funds are:

  • Manual EFT
  • Automatic EFT
  • Bill payment
  • Correction

MoneyGram US enables users to transfer money using bank transfer, via none.

MoneyGram US review
MoneyGram US Currencies Supported

Money transfer operators that offer more currency options are beneficial because they make for reduced conversion fees. This way customers do not have to pay exorbitant conversion fees when transferring money.

MoneyGram US offers every available world currency to its customers. We list the major MoneyGram US supported currencies below.

MoneyGram US Money Transfer Currencies
NameCurrencies
AED, AUD, BND, CAD, CHF, CZK, DKK, EUR, FJD, HKD, HUF, IDR, ILS, INR, IRR, JPY, KRW, KWD, LKR, MAD, MXN, MYR, NGN, NZD, OMR, PEN, PGK, PHP, PKR, PLN, SAR, SCR, SDG, SEK, SGD, THB, TOP, TRY, TWD, USD, VND, VUV, WST, XOF, XPF, ZAR
AED, BDT, BHD, BTN, HKD, IDR, ILS, INR, JOD, JPY, KWD, LKR, MYR, NPR, OMR, PHP, PKR, QAR, RUB, SGD, THB, TRY, TWD, VND, BAM, BGN, CHF, CZK, DKK, EUR, GBP, HRK, HUF, NOK, PLN, RON, RSD, SEK, BBD, CAD, CRC, DOP, GTQ, HNL, JMD, MXN, TTD, USD, XCD, AUD, FJD, NZD, TOP, WST, ETB, GHS, GMD, GNF, KES, MAD, MUR, MZN, RWF, SLL, TND, TZS, UGX, ZAR, ARS, BOB, CLP, COP, GYD, PEN, PYG, UYU
AED, AUD, BGN, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, INR, JPY, MYR, NOK, NZD, PLN, RON, TRY, SEK, SGD, USD, ARS, BDT, BWP, CLP, CNY, COP, CRC, EGP, GEL, GHS, ILS, KES, KRW, LKR, MAD, MXN, NGN, NPR, PHP, PKR, RUB, THB, UAH, UGX, UYU, VND, XOF, ZAR, ZMW
AED, ARS, AUD, BDT, BGN, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CZK, DKK, EGP, EUR, FJD, GBP, GEL, GHS, HKD, HRK, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MXN, MYR, NGN, NOK, NPR, NZD, PHP, PKR, PLN, RON, RUB, SEK, SGD, THB, TRY, TZS, UAH, UGX, UYU, VND, XOF, ZAR, ZMW
AED, ARS, AUD, BDT, BGN, BWP, CAD, CHF, CLP, CNY, CRC, CZK, DKK, EGP, EUR, GBP, GEL, GHS, HKD, HRK, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MXN, MYR, NGN, NOK, NPR, NZD, PEN, PHP, PKR, PLN, RON, RUB, SEK, SGD, THB, TRY, TZS, UAH, UGX, USD, UYU, VND, XOF, ZAR, ZMW
AED, EUR, PLN, AUD, GBP, SEK, CAD, HKD, SGD, CHF, HUF, USD, CZK, NOK, ZAR, DKK, NZD
ALL, ARS, EUR, BSD, BDT, XOF, BOB, BRL, BGN, BIF, USD, XAF, CLP, CNY, COP, KMF, CRC, HRK, CZK, DOP, EGP, ETB, FJD, GMD, GHS, GTQ, GNF, GYD, HNL, HUF, INR, IDR, JMD, JPY, JOD, KES, MGA, MWK, MYR, MXN, MAD, NPR, NGN, PKR, PYG, PEN, PHP, PLN, RON, RUB, RWF, SLL, ZAR, KRW, LKR, TSZ, THB, TND, TRY, UGX, UYU, VND, ZMW
USD, AUD, CHF, EUR, HKD, JPY, BBD, BMD, BSD, DKK, GYD, INR, JMD, KYD, MXN, NOK, NZD, SAR, SEK, SGD, TTD, ZAR, GBP
AUD, BGN, CAD, HRK, CZK, DKK, EUR, HKD, HUF, INR, ILS, JPY, JOD, MYR, MAD, NZD, NOK, OMR, PLN, GBP, QAR, RON, SAR, RSD, SGD, ZAR, KRW, SEK, CHF, THB, TRY, AED, USD
EUR, GBP, USD, CAD
AED, AFN, ALL, AMD, ANG, AOA, ARS, AUD, AWG, AZN, BAM, BBD, BDT, BGN, BHD, BIF, BMD, BND, BOB, BRL, BSD, BTN, BWP, BYN, BYR, BZD, CAD, CDF, CHF, CLP, CNY, COP, CRC, CUC, CUP, CVE, CZK, DJF, DKK, DOP, DZD, EGP, ERN, ETB, EUR, FJD, FKP, GBP, GEL, GGP, GHS, GIP, GMD, GNF, GTQ, GYD, HKD, HNL, HRK, HTG, HUF, IDR, ILS, IMP, INR, IQD, IRR, ISK, JEP, JMD, JOD, JPY, KES, KGS, KHR, KMF, KPW, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, LYD, MAD, MDL, MGA, MKD, MMK, MNT, MOP, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PGK, PHP, PKR, PLN, PRB, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SDG, SEK, SGD, SHP, SLL, SOS, SRD, SSP, STD, SYP, SZL, THB, TJS, TMT, TND, TOP, TRY, TTD, TVD, TWD, TZS, UAH, UGX, USD, UYU, UZS, VEF, VND, VUV, WST, XAF, XCD, XOF, XPF, YER, ZAR, ZMW

MoneyGram US review
MoneyGram US Transfer Options

MoneyGram US offers the following transfer options:

MoneyGram US Money Transfer Options Compared
NameTransfer Options
Bank deposit
Bank deposit
Bank deposit, mobile wallet deposit
Bank deposit, mobile wallet deposit
Bank deposit, mobile wallet deposit
Bank deposit, mobile wallet deposit
Bank deposit, cash pick-up, home delivery, mobile wallet deposit.
bank deposit, cheque, wire transfer, debit card, credit card
Bank deposit, cash pick-up, VISA & MasterCard, ATMs, mobile wallet deposit (depending on country)
Bank deposit, cash pick-up , door-to-door delivery
cash

Single Payments

’Single payments’ is a term used to recognize a one-time money amount from an allowance. For a single payment, the user may use a single credit card (or debit card) and have a single invoice.

Regular Payments

A regular payment is a highly economical and easy way to transfer money with MoneyGram US. It is best suited for customers who have to transfer regular smaller amounts (usually three, four, or smaller five-digit amounts).

MoneyGram US review
Who MoneyGram US Services Are Available To

MoneyGram US offers services for sixty different currencies across more than one-seventy countries.

The more global a money transfer operator becomes, the more reliable it is for people across the globe.

MoneyGram US Country Restrictions

MoneyGram US does not operate in the following countries :

  • Afghanistan
  • Aland Islands
  • American Samoa
  • Angola
  • Anguilla
  • Antarctica
  • Antigua and Barbuda
  • Barbados
  • Belize
  • Benin
  • Bhutan
  • Bonaire (including Sint Eustatius and Saba)
  • Bouvet Island
  • British Indian Ocean Territory
  • Burkina Faso
  • Burundi
  • Cape Verde
  • Central African Republic
  • Chad
  • Cocos (Keeling) Islands
  • Comoros
  • Congo
  • Democratic Republic of
  • Congo
  • Republic of
  • Cook Islands
  • Crimea
  • Cuba
  • Curacao
  • Djibouti
  • Equatorial Guinea
  • Eritrea
  • Faroe Islands
  • Fiji
  • French Guyana
  • French Polynesia
  • French Southern Territories
  • Gabon
  • Gambia
  • Greenland
  • Grenada
  • Guadeloupe
  • Guinea
  • Guinea-Bissau
  • Guyana
  • Haiti
  • Heard Island and Mcdonald Islands
  • Holy See (Vatican City State)
  • Iran
  • Iraq
  • Ivory Coast (Cote d'Ivoire)
  • Japan
  • Kiribati
  • Kosovo
  • Kyrgyzstan
  • Lao People’s Democratic Republic
  • Lebanon
  • Liberia
  • Libya
  • Macao
  • Mali
  • Marshall Islands
  • Martinique
  • Mauritania
  • Mayotte
  • Micronesia
  • Federated States of
  • Montserrat
  • Myanmar
  • Namibia
  • Nauru
  • New Caledonia
  • Niger
  • Niue
  • Norfolk Island
  • North Korea
  • Northern Mariana Islands
  • Palau
  • Palestinian Territory
  • Papua New Guinea
  • Reunion
  • Pitcairn
  • Rwanda
  • Saint Barthelemy
  • Saint Helena
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Martin
  • Saint Pierre and Miquelon
  • Saint Vincent and the Grenadines
  • Sao Tome e Principe
  • Seychelles
  • Sierra Leone
  • Sint Maarten
  • Solomon Islands
  • Somalia
  • South Georgia and the South Sandwich Islands
  • Sudan (North and South)
  • Suriname
  • Svalbard and Jan Mayen
  • Syria
  • Tajikistan
  • Timor-Leste
  • Togo
  • Tokelau
  • Tonga
  • Turkey
  • Turkmenistan
  • Turks and Caicos Islands
  • Tuvalu
  • Vanuatu
  • Venezuela
  • Wallis and Futuna
  • Western Sahara
  • Western Samoa
  • Yemen
  • Zimbabwe
  • Crimea
  • Cuba
  • Iran
  • Libya
  • North Korea
  • South Sudan
  • Sudan
  • Syria

Certain countries are restricted because MoneyGram US is not allowed to legally operate in those regions or it is not economically viable for MoneyGram US to provide money services in these regions.

MoneyGram US review
MoneyGram US International Money Transfers

An International Transfer is when someone sends money from their account in one country to a bank account in another country.

Setting up your MoneyGram US money transfer is quick and simple with the modern MoneyGram US online platform.

Transferring money internationally used to be a tedious process 10 years ago but advances in software and the internet have made transferring money allot easier.

These days, you can send a money transfer with ease on the MoneyGram US website.

The MoneyGram US website includes useful and easy-to-access option for those who wish to track their money and monitor when it can be received, providing a safe and accessible option if you'd like to keep an eye on your transfer.

MoneyGram US review
MoneyGram US Minimum Money Transfer

Several money transfer companies do not have a minimum money transfer amount. Making it easy for their users to send small amounts of money. MoneyGram US has a minimum transfer amount of none.

MoneyGram US review
MoneyGram US Maximum Money Transfer

Money transfer companies often do not have maximum transfer limits. For example, MoneyGram US does not have a maximum transfer limit when the user is paying through phone. There is however, a 3000 USD limit per transaction for online transfers.

MoneyGram US review
MoneyGram US Money Transfer Fees and Charges

These are the fees charged by MoneyGram US and other money transfer companies (or other financial corporations) for transferring money. Several companies however, do not charge their users for transferring money. The only charges there are to pay are currency conversion charges.

MoneyGram US review
How Long Does It Take to Get a MoneyGram US Money Transfer

MoneyGram US money transfers do not usually take very long. It normally takes less than 24 hours for a money transfer to complete between two accounts with the same financial corporation. While in the case of money transfers with money transfer services like MoneyGram US, it can take a little as a few minutes. If the money is being sent overseas, it can take up to five days for the recipient to receive the money from MoneyGram US.

MoneyGram US review
MoneyGram US PLC Status

If a company has the acronym PLC at the end of its name, it means that the business offers its shares to the public and is traded on a public stock exchange. This alone makes the company more reputable. MoneyGram US is not a publically listed company. MoneyGram US is a privately owned company.

MoneyGram US review
MoneyGram US Money Orders

The charges for issuing money orders with MoneyGram US are 0-1.99$.

MoneyGram US review
MoneyGram US Mobile Top Up

MoneyGram US offers mobile top ups.MoneyGram US mobile top ups are where a user can add credit to a recipient’s mobile phone number. The recipients number has to be local. These are normally processed within minutes, if not seconds.

MoneyGram US COVID-19 Help

Some money transfer companies offer COVID-19 financial assistance. This may be in many forms including payment holidays, reduced interest rates and more options to pay. Check with MoneyGram US directly to see what they are able to offer if you are adversely affected by COVID-19.

Who are MoneyGram US Money Transfers Best For

There may be many reasons you are looking to action a money transfer with MoneyGram US. These reasons can include debt consolidation, medical bills, student debt, collection agency debt, wedding costs, holidays, home repairs and repaying friends and family.

MoneyGram US money transfers are best for people looking for looking for a reliable fast money transfer service.

MoneyGram US Guide for Fast Money Transfer Approval

For MoneyGram US to be able to process your money transfer application as quickly as possible make sure you have everything MoneyGram US need. If you and MoneyGram US need to go back and forth it may delay the MoneyGram US application process. Make sure every piece of information you give MoneyGram US is accurate.

Please note that you must have at least a minimum of one active bank account for MoneyGram US to process your money transfer.

MoneyGram US Application Time

Application time refers to the amount of time you have to wait for your MoneyGram US registration to be approved. This should not take long, especially if you have nothing which should come up as red flag on the MoneyGram US system.

MoneyGram US Approval Time

It is the time it takes for MoneyGram US money transfer operator to approve the money transfer being made. Depending on the situation this can take up to five days.

MoneyGram US Funding Time

It is the amount of time it takes for the recipient to receive the money transfer. Once your MoneyGram US money transfer has been approved the money should be in your account within four working days.

MoneyGram US review
Things to Check Before a MoneyGram US Money Transfer

Why more features are useful for modern life’s and why new challenger banks are starting to beat traditional banks.

Here are a number of important things to consider before considering MoneyGram US money transfer:

  1. Reliability and safety
  2. Making preparations before the transaction
  3. Convenience
  4. Transfer and conversion rates
  5. The quality of the customer service offered

MoneyGram US review
MoneyGram US Customer Support

MoneyGram US support should be there to help customers with their issues which includes answering their queries, guiding them through and difficult processes and issues when transferring money. MoneyGram US customer support should troubleshoot any issues with you until you get to a resolution that you are happy with.

When getting a MoneyGram US money transfer you will want to speak to a MoneyGram US representative in a language that you are comfortable with. All your Money Transfer queries and issues should be resolved quickly.

MoneyGram US review
Does MoneyGram US Offer Live Chat?

Customers can reach out to MoneyGram US through live chat to resolve MoneyGram US money transfer account issues or difficulties with their MoneyGram US account that they can't solve. Live chat, or live support is a real-time live chat feature used by customer support representitives allowing customers to instant message to and receive guidance from a trained agent regarding a your money transfer related query.

MoneyGram US review
How does MoneyGram US Compare with Other Money Transfer Companies?

When deciding upon a money transfer company like MoneyGram US you will want to know how MoneyGram US compares with other leading online money transfer companies. See how MoneyGram US compares below.

  1. Visit MoneyGram US alternative XE Money Transfer

    Used By: 280000000
    Currencies Available: 76
    Transfer Fees: none
    Payment Methods: Bank transfer, credit card, debit card
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$500,000.00 (or equivalent)
    Year Founded: 1993

  2. Visit MoneyGram US alternative Wise

    Used By: 11000000
    Currencies Available: 54
    Transfer Fees: 0.5%-1%
    Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$1,000,000 (varies based on currency)
    Year Founded: 2011

  3. Visit MoneyGram US alternative Wise Business

    Used By: 11000000
    Currencies Available: 55
    Transfer Fees: 0.5%-1%
    Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: 1 USD
    Max Transfer: 1000000 USD/transaction/day (personal), 3000000 USD/transaction/day (business)
    Year Founded: 2011

  4. Visit MoneyGram US alternative Wise Multi-Currency Account

    Used By: 11000000
    Currencies Available: 54
    Transfer Fees: 0.5%-1%
    Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: 1 USD
    Max Transfer: 1000000 USD/transaction/day (personal), 3000000 USD/transaction/day (business)
    Year Founded: 2011

  5. Visit MoneyGram US alternative CurrencyFair

    Used By: 150,000
    Currencies Available: 17
    Transfer Fees: 0.45%
    Payment Methods: Bank transfer, debit card
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: £5.00 (or equivalent)
    Max Transfer: £10,000,000.00 (or equivalent)
    Year Founded: 2009

  6. Visit MoneyGram US alternative Remitly

    Used By: 3000000
    Currencies Available: 63
    Transfer Fees: 0-3.99$
    Payment Methods: Bank transfer, credit/debit card
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$20,000.00
    Year Founded: 2011

  7. Visit MoneyGram US alternative Scotiabank

    Used By: 25,000,000
    Currencies Available: 23
    Transfer Fees: none
    Payment Methods: Bank transfer, debit card, credit card, apple pay, google pay, Scotiabank Saddletone gift cards
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 10000 USD
    Year Founded: 1832

  8. Visit MoneyGram US alternative Skrill

    Used By: 120,000
    Currencies Available: 33
    Transfer Fees: none
    Payment Methods: Cash, bank transfer, debit card, credit card, e-wallet, cryptocurrency (depending on country)
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: US$1.00 (varies based on certain currencies)
    Max Transfer: US$2,500.00 / day (weekly and monthly limites also apply)
    Year Founded: 2001

  9. Visit MoneyGram US alternative Xoom

    Used By: 250000000
    Currencies Available: 4
    Transfer Fees: 0$-40$
    Payment Methods: Bank transfer, debit/credit card, PayPal balance
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: US$10.00
    Max Transfer: 2999 USD/day, 6000 USD/month, 9999 USD/3 months
    Year Founded: 2001

  10. Visit MoneyGram US alternative Moneycorp

    Used By: 15000000
    Currencies Available: 161
    Transfer Fees: none
    Payment Methods: debit card via our online platform or a wire transfer, cash
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: 50 USD/GBP/EUR
    Max Transfer: none
    Year Founded: 1962

MoneyGram US review
MoneyGram US Website and Mobile Apps

MoneyGram US has a website available online but it may be useful to manage your MoneyGram US account from your mobile device like your tablet or phone.

MoneyGram US offers an Android mobile application on the Google Play store.

MoneyGram US offers an Apple IOS mobile application for iPhones and iPads allowing MoneyGram US to users to check their MoneyGram US accounts on their iOS mobile devices.

MoneyGram US review
MoneyGram US Deposit and withdrawal Methods

MoneyGram US offers the following Money Transfer payment methods: pay by card or directly from your bank account. All of significant bank systems are all acknowledged with MoneyGram US.

MoneyGram US offers ACH Payment which is used for direct deposit and debit transfers within the US. It is similar in nature to BACS (for the UK) and EFT (for Canada). Users can pay through bank transfer.

The recipient will receive the money in their bank account and can withdraw it using the method they prefer. They cannot, however, receive the money in the form of cash.

Take note that MoneyGram US may charge additional commissions and fees when using certain payment and withdrawal methods. These fees may not necessarily come from MoneyGram US.

MoneyGram US review
Is My Money Safe With MoneyGram US?

MoneyGram US is a reliable, secure, and trusted option for sending money overseas. MoneyGram US are registered and regulated with the Financial Conduct Authority (FCA).These regulatory licenses have strict rules that are enforced. These regulations safeguard the funds entrusted to them by MoneyGram US customers.

MoneyGram US review
MoneyGram US Financial Regulation and Safety of MoneyGram US Funds

Every business that wants to send money across borders (in excess of €3 million per month) must be licenced under the Payment Services Regulations 2017 and the Electronic Money Regulations 2011, both of which were created by the UK government but executed by the FCA for UK residents.

Consumer credit, in simple terms, is credit offered to individuals so they can purchase goods or cover personal expenses. It does not cover long term investments such as purchasing property. It allows for a properly managed economy to function and further encourages economic growth.

Firms like MoneyGram US that offer money transfer to retail customers are legally considered to be offering consumer credit.

A financial regulator ensures that consumers are protected, there is fair competition in the money transfer industry and the integrity of the Financial services industry as a whole is maintained.

Getting a money transfer with a regulated company is essential as it offers an increased level of protection than a money transfer from an unregulated one. This is because regulators are able to enforce strict rules and stop unscrupulous money transfer operators.

Laws differ on who can and cannot offer consumer credit in each country. Credit firms have strict rules that they must follow in order that they are legally allowed to transfer money to consumers. These laws are in place to protect consumers becoming trapped in a money transfer they can never pay off.

Be sure that MoneyGram US is fully licenced as a money transfer company.

MoneyGram US review
MoneyGram US Payment Services Regulations and MoneyGram US

The Payment Services Regulations Directive, is run by the European Commission in order to govern payment services and their providers across the European Union as well as the European Economic Area.

One of its goals has been to make foreign currency transactions transparent, much like currency payments. This is to protect consumers and businesses from being swindled.

What is the Financial Conduct Authority?

The FCA is a control body meant to license money transfer companies. Companies such as banks, Forex brokers, and money transfer operators are monitored the most. This is because they deal in situations that involve many intricacies, such as transferring money and offering loans, etc.

All reputable money transfer businesses that operate within the United Kingdom by law have to be registered and authorised as a payment institution by the Financial Conduct Authority (FCA) to comply with the Payment Services Regulations that were introduced in 2017.

Check MoneyGram US is financially regulated. MoneyGram US is regulated by the Financial Conduct Authority (FCA).

This makes sure that your Money Transfer agreement is above board and safe. In Addition, it Usually Means that MoneyGram US Possess a responsibility of care to their clients.

Is MoneyGram US Registered as a Money Service Business with HM Revenue & Customs

Financial institutions (which do not classify as banks) which convert and transmit money like MoneyGram US are known as Money Service Businesses. While they provide services similar to banks, they are still not considered banks. They offer more varied product options to individuals looking to transmit or convert money.

Financial authorities tend to keep tabs on MoneyGram US and other Money Service Businesses the most because the type of services they offer can leave them vulnerable to be used in financial crimes like money laundering. This is why it is crucial for them to be registered with the HM Revenue and Customs in the United Kingdom.

MoneyGram US Segregation of Client Funds

MoneyGram US as part of their regulation are required to segregate client funds from MoneyGram US company funds and keep all client funds within a bank that is authorised as a credit institution by the regulator. All client funds should be kept in the most reputable third-party financial institutions such as Barclays or the Bank of America.

MoneyGram US regulatory requirements mean that MoneyGram US Money Transfer funds and your funds should be totally separate. MoneyGram US cannot use any money that is still legally yours to conduct MoneyGram US daily business like paying MoneyGram US suppliers and costs. Your funds should be kept by MoneyGram US in a segregated bank account.

MoneyGram US Regulation Checklist

  • Check whether MoneyGram US has authorisation to offer consumer credit
  • Check the type of activities that MoneyGram US are allowed to conduct with their authorisation
  • Check the contact details, trading names and main business of MoneyGram US list on their website and the regulator match.

MoneyGram US Fraud Prevention Features

Fraud prevention is highly crucial when transferring money because once the money is gone, it's gone. Scammers most often gravitate towards money transfers. Lack of fraud prevention procedures can lead to loss of funds, or even identity theft.

MoneyGram US goes to great lengths to protect your MoneyGram US account from fraudulent use. We explain some of MoneyGram US anti-fraud features below:

  1. MoneyGram US has SSL encryption that protects the customer's private information.
  2. MoneyGram US has cutting edge technology that monitors almost everything i.e. from logins to transactions.
  3. The MoneyGram US platform has a bespoke monitoring system that helps to detect and prevents fraud.

Automated Transaction Confirmations

Having instant notifications turned on is not only convenient because the user is instantly alerted whenever there is a payment related activity on their MoneyGram US account, as you are instantly aware of every MoneyGram US transaction these notifications to your phone help you to keep tabs on any suspicious activity.

After conducting a transaction with MoneyGram US, the MoneyGram US accounts primary contact will receive a transaction confirmation confirming the transaction amount, rate exchange applied, and MoneyGram US delivery instructions.

MoneyGram US Monitors Your Account for Suspicious Transactions

MoneyGram US has systems and controls in place to detect fraudulent activity and protect MoneyGram US client accounts from misuse. If MoneyGram US detect a questionable transaction on your MoneyGram US account, MoneyGram US will contact you to verify the transactions legitimacy to ensure your MoneyGram US funds are safe.

How Does MoneyGram US Make Money?

MoneyGram US and other money transfer companies often charge their customers a certain amount of interest fees on every transaction made. The fees depend on the amount of money the customer wishes to transfer. MoneyGram US also earn money via foreign exchange rates.

Money transfer companies like MoneyGram US and banks need to survive, so they make money on interest from accounts and money transfers.

MoneyGram US Frequently Asked Questions

We list some of the most frequently asked MoneyGram US questions below.

Is there a limit to how much I can transfer with MoneyGram US?

You can transfer up to 3000 USD at a time.

When will I receive my MoneyGram US transfer?

It normally takes 3-5 business days.

Is it possible to cancel my MoneyGram US transaction?

If you need to cancel your transaction due to any reason, kindly contact us on this number 17755884685.

How old do you have to be to sign up to a MoneyGram US account

To signup to a MoneyGram US account you will need to be at least 18 years old.

MoneyGram US review
Is MoneyGram US a Scam?

MoneyGram US have been in operation since 1940 and have over 150000000 customers and employees. MoneyGram US is not a scam.

MoneyGram US review
Sending money online with MoneyGram US

Sending money with MoneyGram US is a single process once you have registered and verified your MoneyGram US account and payment methods.

  1. Go to the MoneyGram US website
  2. If you have a MoneyGram US account you can log in, otherwise you will need to create a new account.
  3. Decide how much you would like to send and where you want to send it to.
  4. Enter all the required information about the beneficiary, this might include their name, address, bank account details, and other personal data.
  5. Tell MoneyGram US how the beneficiary wants to get their money. Eg. through a bank transfer, cash pickup, or via some other means.
  6. Agree to the MoneyGram US exchange rate and any fees.
  7. Pay for your MoneyGram US transfer.
  8. Enter your information and provide and supporting documentation to verify your identity.

MoneyGram US review
How do I receive money from a MoneyGram US money transfer?

Depending on where you are located, you have a few options for how you can receive any money that has been sent to your MoneyGram US account. Your options for receiving money depend on the information entered by the sender, the country you are in, the currency you are receiving, and some other factors. Some methods of receiving money may not be available to you.

Receive MoneyGram US money directly into a bank account

Bank transfers are useful because not only are they safe, but the whole process is quick, and they offer the kind of flexibility no other method can. MoneyGram US allows for a deposit directly into your bank, credit union or other financial account.

MoneyGram US Cash Pickup

Some money transfer companies have agents around the world, and you will need to take identity documents to receive cash. Money is typically available within ten minutes of being sent. MoneyGram US allows you to pick up money in person at a MoneyGram US agent location.

MoneyGram US Smart Money and mobile wallets

A mobile wallet virtually stores cash card details on a smartphone. These are quite convenient as they allow for users to make purchases at physical stores without needing to carry money.

MoneyGram US Does not support mobile wallets.

MoneyGram US Home delivery

It is a way for an individual to receive money without having to leave home. What this means is that any money you send can be received in person at a designated home address. The money is delivered by a local agent. MoneyGram US do not offer home delivery money transfers.

When was MoneyGram US founded?

MoneyGram US was founded in 1940.

Is MoneyGram US Any Good?

MoneyGram US have a rating of 3 and are financially regulated, MoneyGram US can be considered a good money transfer company.

Is it easy to close my MoneyGram US account?

Its is easy to close you MoneyGram US account. You will have to make sure any outstanding payments and fees due to MoneyGram US are paid in full Before MoneyGram US will fully close your account. Make sure when closing your account MoneyGram US send you an official confirmation that your account is closed and no more monies are due to MoneyGram US.

Does it take long to setup a MoneyGram US account?

No, setting up a MoneyGram US account can take a few minutes. You will need to provide some proof of identity and address. You should definitely be able to access all the features of your MoneyGram US account in 1-3 days.

Where are MoneyGram US based?

MoneyGram US are based in Dallas, USA

Countries where MoneyGram US is legal?

MoneyGram US is legally allowed to operate in over 265 countries.

How do I track a MoneyGram US Money Transfer

You can track a MoneyGram US money order by calling MoneyGram US or by tracking the order online. Call MoneyGram US number on 17755884685. The MoneyGram US automated phone system will take a few details and give you a status update. You can go online to the MoneyGram US website and check the status of a money transfer at any time.

If you have a MoneyGram US online account, log in and view your transaction history; If you do not have an online account, or if you are the receiver of the MoneyGram US transaction, use the MoneyGram US payment reference number on the MoneyGram US website to check the status of the transfer.

Can I cancel my MoneyGram US transfer?

The way that you cancel a MoneyGram US transfer depends on how you created and sent the MoneyGram US money transfer originally.

You may need to contact MoneyGram US by phone on 17755884685, through their website at www.moneygram.com or via email [email protected] Requests are typically processed within 30 days, and you may be charged a cancellation fee by MoneyGram US.

If you made the MoneyGram US transfer online, then you should log in, find the transaction in your transaction history and then cancel it on the 'Transaction Details' page. If you do not have a MoneyGram US account, use the 'Track a Transfer tool to find the transaction and then cancel it on the Transaction Details page.

Double check the terms and conditions for cancelling a MoneyGram US transfer on their website.