

However, in terms of its status as a leading blue-chip company, this is no longer the case. The organization claims to have more than 350,000 agents worldwide, serving more than 200 different countries. In return for facilitating the above transfer, MoneyGram receives a fee.Īlthough the above process sounds highly outdated, MoneyGram has a network of significant size.

The sender will walk into their nearest MoneyGram store.Although other options do exist, the traditional process of sending money through MoneyGram is as follows. Launched way back in 1940, the company is based in Dallas, Texas.

In its most basic form, MoneyGram is a payment transfer provider that facilitates international money transfers. 8 What Other Services Does MoneyGram Offer?.7 How Long do MoneyGram Transfers Take?.
