MoneyGram Money Transfer   - Receiving payment in India               Home

 

Moneygram  is one of  the  largest money transfer networks worldwide. It is one of  the safest way to receive payment since it is not possible to reverse the transaction, especially if the amount is received in cash.

The procedure for money transfer through MoneyGram is similar to that for Western Union money transfer The sender can make payment in cash at an agent location and the recipient can receive payment in cash within 10 minutes. MoneyGram also offers online payment through credit card, debit card or  direct bank debit (using ACH) for senders in USA. The receiver should provide details of proof of identification to the sender like Passport, drivers license or Ration card.  The recipient goes to a convenient agent location, provides the proof of identification and transfer number and collects the money.

MoneyGram charges for money transfer are usually lower than those of Western Union . Compare charges for money transfer services

MoneyGram offers 2 types of  service - same day service and economy service . For economy service, the charges are lower and the funds are available to the recipient after  3 days

MoneyGram has 98 agents in Mumbai according to their website in October 2005. Address of  MoneyGram money transfer agents in India . The telephone number and hours of operation are also indicated on the website

Cities in India where MoneyGram money transfer can be collected

MoneyGram is used by Indians working in the Middle East to send money to their family in India, since charges are lower than Western Union and many of the recipients do not have a bank account.

 

----- Original Message -----
From: "GURU NANAK INTERNATIONAL
Sent: Monday, May 08, 2006 11:32 AM
 Respected Sir, I am running my own bussiness in the field of Money Exchange in pehowa. I m looking
 for Money Gram Agency in pehowa to increase my business. Plz, give me proper advise.
Thanking you
 Your's Faithfully
 PARDEEP SINGH

 

Answer:
To become a Moneygram International agent, you have to fill an online information form on the MoneyGram website (in the retail business partners section) and their sales executive in your area will contact you directly.
Regards

 

If  you have any query , feedback or suggestion, or  wish to share your experience with us, please post on our money transfer forum 

 

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