If you wish to send money to your family, business or friends anywhere in the world, you can do so using MoneyGram. You can use your bank funds, credit card or debit card to do this and your receiver will get the cash via any of its branches. All you have to do is go to their website and then you will be able to send money online. Mark Cuson who manages http://www.swhfunding.com is a MoneyGram expert and has the below tips to get you started.
Once you are on the internet, go to the online office location service of the company so that you will know which branch your receiver can get the money from. For you to limit your search on their branches where the money can be picked up, check the option that says “Receive Money”
On the home page of the company, go to the link that will estimate the transfer fee you will pay when sending money. As of mid-2010, you can send a maximum of $899.99 at a single time. The amount you will send as well as your chosen service level shall determine the fee percentage. The higher the amount you send, the lower the percentage.
Still at the home page of the company, go to the link that says “Send Money”. You should then click the link that tells you to send online on the following page. On the subsequent page, you must then inform the system of the location of the receiver of the money, the amount and the receiving option.
The next page shall inform you the fee estimates. You can use the company’s same-day option where you can send money in ten minutes or you can use the option where the money will be received in three days. The same-day option has higher fees. After following these instructions, click the button that says “Next”.
If you own a current account with the company, you can log in immediately. If not, create one using your email address. You should then provide the required personal details, the name and location of the recipient of the money as well as the transaction details on the following page. You can use your credit or debit card for the same-day option or an electronic check for the three-day service. Go to the page that says “Review Transaction” to confirm the information you gave. Fill-out your identity verification information because the company shall contact you for further questioning for authentication purposes.
Afterwards, you should complete your online account with the company. For your transaction, you will be provided with a reference number. Send that reference number to the recipient of the money. The personnel at the receiving office of the company shall inquire from the receiver this number for security purposes. Advise the receiver to have with him personal identification cards such as his driver’s license when he picks up the cash. Bear in mind though that there are countries that do not need IDs or the reference number from the recipient.
There are things to remember when using MoneyGram. Be cautious because there are fraudulent people who utilize this service to commit scams. There are also vacation days and local policies implemented by other countries which may delay the sending or receiving of your cash via this service. You should therefore be aware of them before sending anything.