What Is an International MoneyGram?

MoneyGram International is a financial products and services company based in the United States. An international MoneyGram is the company's money order or money transfer service.

Definition

• An international MoneyGram is a method of sending money from one person to someone in a different country for a fee charged to the sender. A money order MoneyGram is issued like a check. The recipient must cash the money order at a bank or check-cashing location. A money transfer MoneyGram is issued in cash, directly to the receiver.

Sending

• There are two ways to send an international MoneyGram, in person or online. The sender can visit any MoneyGram agent in the world and pay for the MoneyGram with cash, a credit card or a bank account. She will need to fill out a Send Form and can add a short personal message. The sender can request a money transfer service on MoneyGram's website and pay using a credit card or bank account. With both methods, the sender is provided the money order's reference number.

Receiving

• To pick up a MoneyGram, the receiver must visit a local MoneyGram agent. He will need to present a valid photo ID and provide details about the MoneyGram, including the sender's name, by filling out a Receiver Form. It's helpful to provide the reference number, but not required.