How to Receive Money From MoneyGram In South Africa
MoneyGram is a payment platform that provides, money transfer, money orders, bill payment, bill payment, mobile top up, prepaid card reload to its users. MoneyGram was established in Minneapolis in 1940, it started with the name Travelers Express Co,Inc. Travelers Express parent Viad Corp, a subsidiary of a parent company that also owned Western Union bought, MoneyGram in 1998. It became the second-largest money transfer provider in the world.
Which bank uses MoneyGram in South Africa?
MoneyGram gram has been operating in South Africa for 20years now, and is available in over 5,000 locations across the country. It is a partner with Bidvest Bank, FNB & Standard Bank. And offers seamless payment transaction in country and globally.
How can I receive MoneyGram in South Africa?
In South Africa, there are currently over 350,000 agent locations across the country, all you need to do to receive Money though money gram is:
- Find an agent nearest to you.
- Fill the receive form provided to you by the agent, including the reference number.
- Submit the filled form and provide your identity document (valid passport/green bar coded id/Asylum Seeker documents) and proof of resident less than 3 months.(utility bill/bank statement).
- Then receive your money from the agent.
Which banks work with MoneyGram?
One of the best banks that supports money gram is FNB, it allows swift and easy transfer of cash to your friends and family around the world and available to anyone with an FNB account. MoneyGram transactions can be done at any FNB Branch, FNB ATM or via FNB Cellphone Banking.
How long does MoneyGram transfer to bank account take?
It takes a maximum of 2 days, to transfer from MoneyGram to bank account. The payout option-Cash pickups and mobile wallet transfers are usually delivered in minutes while Direct to bank account transfers takes just a couple of hours to be completed.
Does MoneyGram charge to receive money?
MoneyGram like any payment services, have transaction charges. For direct transfer from a sender’s bank account, debit or credit card to recipient’s debit card, a flat fee of $1.99 is charged, regardless of if the transfer amount is $1 or $10,000.However, there will be a hike in the fee to $5.99, if it will be an in -person cash pick by the recipient if it was sent from bank account. However, if money was sent using a debit card or credit card, it will cost a fee of $13.99.
What is the maximum amount of money you can send through MoneyGram?
In South Africa, the maximum amount allowed per transaction is US$10,000.
