There are various systems for transferring funds . MoneyGram is an international company that transfers money to other countries. And for this, you do not need a bank account. Senders and recipients only need to present passports, indicate payment details and exchange the control number. Reviews of MoneyGram indicate the convenience of the service. You can learn more about it from the article.
general information
The Money Transfer money transfer system allows you to transfer funds instantly. This American company has many years of experience, so it is known among users as reliable. It was founded in 1940. Shares are used in trading on the New York Stock Exchange. Since 2012, a charity fund has been operating, the money from which is spent on education for children from poor families.
Partners include large organizations that are agents. When contacting their offices, customers can send and receive a transfer. Most of the branches are located in the USA, but there are also a lot of them in China, Italy, and Spain. Key representatives include: Bank of China, Advance America, Bank of Ireland, Albertsons retailer, Royal Mail of England. There are offices in the CIS - over 13 thousand service points.
Benefits
These money transfers have the following advantages:
- A small commission that does not work in every system. Therefore, services are available to most people.
- The system has many representative offices working on different schedules. People can choose any convenient time. Some departments work seven days a week and around the clock.
- Funds can be sent in dollars and euros.
- With constant use of the system, translation is even faster. But there are situations when it is delayed due to different time zones.
- During the day, there are limits on sending and receiving, while in each country they are different. The system considers whether the client is a resident or not. Limits may increase.
- All payments are secure.
- It is possible to cancel the transfer, after which the funds are withdrawn by the client.
The minus can be considered a delay in transfers, while the causes of this phenomenon are usually not disclosed. When you design them, you must definitely check the correctness of the data. If there is any difficulty, you can visit the site or call support. According to reviews, company employees always help customers sort out various difficulties.
Service Points
In Russia, Money Gram remittances work in banks and telecom stores. According to customer reviews, it is convenient to make payments in:
- Sberbank.
- Bank Uralsib.
- Raiffeisenbank.
- Bank "Russian Standard".
- SvyazBank.
Due to the wide distribution, transfers can be received almost anywhere in the world. Today the company operates in 200 countries, includes 327 offices. According to reviews, many customers like MoneyGram for its reliability, speed of service and favorable conditions. At the same time, the number of offices is constantly growing.
Addresses
If you received a MoneyGram transfer, where can I get it? In many Russian cities there are points of registration and reception of funds. MoneyGram addresses in Moscow are as follows:
- Trade union street, 26, "Euroset".
- Izmailovsky Avenue, 54, "MTS".
- Okhotny Ryad, 1, Sberbank.
- Theatrical passage, 2, "Rosbank".
- Mokhovaya street, 11, "Promtransbank".
- Voznesensky Lane, 11, "Asia-Pacific Bank."
- Tverskaya street, 18, "The Messenger".
This service is also provided in other banks. MoneyGram is serviced everywhere under the same conditions. Addresses in Moscow are already known to you. For example, there are many branches of Sberbank. MoneyGram is ubiquitous.
For whom are the services convenient?
The logo of the translation system is recognizable. This service is convenient for the following categories of individuals:
- Migrants who need to send money to their families.
- Tourists who have a difficult situation.
- Students to whom funds are regularly sent.
According to reviews, MoneyGram will be convenient for everyone who urgently needs to send money to relatives or close people. Turning to any department, this will be done very quickly.
Before departure, you need to find out if there are exactly points of receipt of funds in the recipient country. In addition, some restrictions may apply. For example, transfers from Russia to Ukraine are not carried out, since a special law was created. Customer reviews indicate that it is still possible to arrange the sending of funds to many countries.
Features
MoneyGram transfers have a number of features. The main ones include:
- Transfer speed. Money is given to the recipient 10 minutes after processing, no matter what country they are sent to. Appointment also has no purpose.
- Lack of address binding. Funds can be obtained at any office in the country to which they are sent.
- Transfer is available 90 days.
- The distance between states does not matter. You can send money to any country of service. In Russia, such a service does not work, since the company is not registered as a payment system.
- Bank details are not applicable for the procedure. The conclusion of the contract does not follow.
- Financial transactions are protected by law. Confidential data does not pass to third parties.
- Together with the translation, you can open a text message, which should not be more than 10 words.
rules
MoneyGram transfers are provided according to general rules. They are taken into account by agents during registration and disbursement of funds:
- In Russia there are no restrictions on the amount. For a day, a resident is supposed to send no more than 5 thousand dollars. Non-residents are given the opportunity to send up to 10 thousand dollars.
- Transfers from Russia can be made out only in dollars. And you can get in dollars and euros. Each bank has an exchange office.
- These services are paid. The amount of the commission is determined by the recipient country. Paid by its sender. No additional fees.
- Registration takes place according to the passport of the Russian Federation, passport or form 2-P at the time of replacement of the document. A non-resident must have a foreign passport, visa or other paper that confirms the legality of his stay in the country.
But the MoneyGram system also has disadvantages. According to customer reviews, they are as follows:
- Only individuals can receive and send transfers. You can not send funds for entrepreneurial activity.
- The sender must notify about the currency of receipt.
- When sent to countries where Euros or dollars are not used, funds are lost due to conversion.
Sending and receiving
According to reviews, there are MoneyGram in many communication stores. To transfer or receive, you must visit any service point. These include banks, communication salons. Sberbank transfers MoneyGram transfers through almost every branch. And since there are a lot of offices of this bank, there should not be any difficulties with sending and receiving.
During registration, the sender (recipient) must fill out a special form. The following information is indicated there:
- country of departure and receipt;
- Amount
- surname and name of both parties;
- information from the passport;
- target;
- security question and answer.
The application is filled out according to the client’s document and based on his words. It is necessary to verify the accuracy of the information and put a signature. The recipient is required to indicate a control number, which can include 8 or 11 digits if funds are transferred from the post office. It is provided to the sender upon confirmation of payment.
It often happens that the recipient does not know the exact surname and name of the sender, or errors were detected. A correct payment can be made out in the translation system if accurate information is downloaded from the database or the percentage of mismatch is indicated. However, the issue of funds does not occur:
- if there are more than 3 errors in the name and surname;
- Incorrect designation of the country of registration;
- more than 10% errors.
The procedure can be done online using the site. To do this, you need a debit card on which the transfer amount with a percentage will be placed in advance. The recipient must also have a card. Then he does not need to go to the point of issue. Money is credited to the card. Holders of WebMoney e-wallets can replenish it through "Money Gram".
Pay
MoneyGram commission can be different, it all depends on:
- from the point of registration, bank, organization;
- receiving country;
- amount.
The larger the translation, the larger the collection. Usually it is 3-5%. In the CIS, the fee is not more than $ 20 when transferring up to $ 1000. In Europe and Asia, the commission can be $ 70.
You can use the calculator that is on the site. Thanks to him, it will be possible to find out the tariff in a particular case. Conversion should be considered if dollars are not issued at the pick-up point. This procedure is carried out at the rate of the company.
Tracking
Checking the status of the transfer is carried out on the website of the company. If it was sent online, you need to visit your account and go to history. The status will be shown in the payment record. Using the transfer or authorization number, you can track in the Track a Transfer option.
The number is on the payment receipt or other document that indicates the deposit of funds to the cashier. If the transfer was made out by mail, then there will be a number of 11 numbers. It is located on the left side of the issued paper. Usually the numbers are red. You must indicate your full name and click on "Track translation".
To search for a transfer, you must use the Claim Card request form. She is present on the official website:
- You need to download the form, fill it out, print it. The receipt number should be indicated. The order number and the amount in dollars are also indicated.
- You need to attach a copy of the receipt.
- Paperwork and search cost $ 15.
- After making the payment, a receipt of the operation will be received. If there is no cashing out, funds are returned in the form of a check.
If you lose the number on the site, you must fill out the Number Search form. The company stores information for 10 years. If after the search the necessary data are not received, then it is necessary to inform the customer service about this. But you can visit the office of the agent where the registration took place.
The representative will contact the support service on his own. This service is provided at banks and other financial institutions. If a search requires confirmation, the operator will request electronic documents. The site has a link to transfer protected information. Customer reviews confirm that transfers are sent quickly.
Return
At any time there is the possibility of processing a return. To do this, contact the office where the procedure was performed. If the return is made on the registration date, you only need to provide a passport and transfer number.
When applying the next day for cancellation, a new transfer number is created. It is provided on the support line. A sender or a transfer agent can call. With this payment, the company will be the sender in the application, and the United States will be the country. When funds are paid in euros, then the country will be Albania. If 45 days have passed from registration, the commission is not given. Refund is possible only if the funds were not issued to the recipient.
The control
The company runs the Compliance program, which helps protect and stop illegal financial procedures, fraud, and terrorist financing. Therefore, system transactions are monitored. Particular attention is paid to large amounts, suspicious transactions. This work is carried out by a special department.
If there is a suspicion, the translation is blocked. You can unlock it after a call to support. Depending on the case, clarifications are required from the sender or receiver. If it is impossible to unlock, the operator notifies the client about this and recommends taking the funds.
Transfers from Russia to Ukraine from 05/05/2017 are not sent, due to changes in legislation. Registration cannot be completed, but funds can be obtained.
Thus, money transfers using the MoneyGram system are in demand if you need to send money to another country. Clearance and receipt are fast and reliable. Already, many people around the world have appreciated the benefits of the service.