Sending money abroad to a person or an entity in a country or continent can be daunting. Even though nowadays we have multiple options available. However, one of the most popular companies to send money abroad is MoneyGram. Which provides plenty of options.
Takeaways: How to send money abroad with MoneyGram
This service addresses one of the challenges of financially underserved communities. Indeed, all the recipient just needs a simple government-issued ID and the sending number. Plus, immigrants appreciate the service as it is an easy means to send money home. Consequently, helping their loved ones stayed back in their country by providing financial relief. Furthermore, the service has the advantage of representation as it can be found pretty much everywhere.
Nevertheless, it’s a pretty straightforward process. You can sen it:
- Set up a MoneyGram account.
- Log into your account.
- Enter the country you’re sending to, then the amount you want to send.
- Give the receiver’s details. The name you give must be their full, legal name, meaning the one that appears on their government-issued ID.
- Specify how the receiver will pick up their money (bank account or mobile wallet, or in cash).
- Choose how you want to pay. You can use your bank account, credit card, or debit card.
- Give details about yourself.
- Check the information you’ve given is correct, then hit send.
Nevertheless, keep in mind the following things: Moneygram charges a fee for the service. In addition, if your preferred means of funding your transfer is by card, your issuer will charge you an extra fee. Depending, on the processing time it can take up to 7 days to get the money in the account of the receiver if the preferred means of the receiver is the bank account.
If you are sending in-person:
- This option is valid only with cash.
- Find the most convenient MoneyGram location.
- Make sure you have a valid government-issued ID with you.
- Provide the recipient’s full, legal name as listed on their own ID.
- Write down the recipient’s location, plus the amount you want to send.
- Give the agent the correct amount, including the fee.
- You’ll get an eight-digit reference number. Let your recipient know this as soon as possible, as they’ll need it when picking up the money.
Nevertheless, keep in mind the following things: In some locations, the system is entirely contactless or with limited contact. Also, check the currency rate to adjust the money you are sending. Additionally, find out before sending it if there is any restriction either with the receiver or the amount. Further, depending on the amount and the country, you might be required by Moneygram to justify the reason for sending and additional information.
Track your International MoneyGram money order
- MoneyGram online account, logging in, and click on your latest transfer.
- You can also use the Track a Transfer tool on the MoneyGram website.
If you use Track a Transfer, you’ll need to supply two things:
- Your legal last name.
- The Authorization or Reference Number. You’ll find these numbers in the confirmation emails you received. The Authorization Number in the one you got when you submitted your transaction and the Reference Number in the email you got when the money was ready to be picked up by the person you’re sending the money to.