Is Sending Money Through MoneyGram Safe?

How do I send a MoneyGram to someone?

How to send money in person at a MoneyGram agent locationFind an agent location.

Find a MoneyGram agent location near you.Prepare for your agent visit.

Bring the following information: …

Complete your transaction.

Where applicable, complete a send form.

Notify your recipient..

Is there a difference between MoneyGram and Western Union?

MoneyGram is the second-largest money transfer company (Western Union has the number one spot). … While Western Union is a better option than Moneygram, make sure to compare to find services that might be better than both providers for your specific needs!

How much is Western Union transfer fee?

TransferWise vs Western Union: A comparisonFee*Western UnionTransferWiseSending fee$19.99$8.45Exchange rateMarkup on the mid-market rateReal mid-market rateRecipient fee$0$0Oct 4, 2018

Can I pick up MoneyGram at Western Union?

Cash Pick up: Cash can be picked up at any MoneyGram agent location. The money is typically ready for pick up in as little as 10 minutes after the transfer is submitted subject to agent operating hours, and compliance with regulatory requirements.

How much is MoneyGram fee at Walmart?

No matter where you are in the US and where you’re sending money to, you’ll pay the same low fees every time: $4 fee for transfers up to $50, $8 fee for transfers of $51 to $1,000 and $16 fee for transfers of $1,001 to $2,500.

What information you need to send money through MoneyGram?

Have your valid ID, receiver’s information and the money you want to send. Hand the money, plus fees, to the agent and your money will be on its way!

What’s cheaper to send money Western Union or MoneyGram?

We found that MoneyGram leans slightly cheaper and offers on-average faster transfer speeds than Western Union — but your experience may vary depending on your specific transfer. Because there are so many variables you’ll want to compare Western Union and MoneyGram against one another to see which is best for you.

How does MoneyGram verify identity?

To complete the identity verification step in the money transfer process, MoneyGram customers simply take a picture of their passport or other identity document using their mobile device camera. Mobile Verify then uses advanced machine learning technology to instantly validate the authenticity of the ID.

How much does it cost to send 50.00 MoneyGram?

For transfers between $50 and $900 , the fee is now a flat rate of $11.50 . Fees for consumers sending greater than $900 is now only 2% of the amount sent. The fee to send $50 or less remains $5.00 or less.

Can I transfer money from MoneyGram to my bank account?

MoneyGram allows you to send money directly to a bank account or mobile wallet in select countries. To find out if you can send money to your receiver’s bank account or mobile wallet, start sending money or estimate fees from the home page, and select “Account Deposit” as your receive option.

Is it safe to send money via MoneyGram online?

Allowing you to send and receive money in over 20 countries through the MoneyGram mobile app using a debit card, credit card, or bank account (only in the US and Canada), MoneyGram’s online service is extensive. … Its size and long track record also guarantee that your money is safe and secure when in MoneyGram’s hands.

How long can MoneyGram hold your money?

If you ask us to process a Transfer to an individual Receiver to be collected in cash at a MoneyGram Location and the Transfer Amount has not been collected within ninety (90) days, we will treat the Transfer as no longer capable of execution (an “Expired Transfer”).

How much does MoneyGram charge to send $100?

Within the United States, Western Union is slightly cheaper than MoneyGram to send $100 via an online bank account: $0.99 for Western Union compared to $1.99 for MoneyGram. However, the two platforms charge the same amount if sending via debit card, and Western Union charges more when sending through a credit card.