How to Receive Moneygram Online in Nigeria

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MoneyGram is a money transfer service provider similar to Western

Union. The company provides services such as money transfers, money

orders and bill payment to customers who do not want to make use of

their bank accounts or do not have one. Moneygram provides its service

to individuals and businesses through a network of agents and

financial institutions across the world.









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In 2014, MoneyGram was recorded as the second largest provider of

money transfers in the world. The company claims to have operations in

more than 200 countries and about 347, 000 agent offices globally.



Moneygram focuses on international money transfers. The company has

tens of thousands of agents all around the world to help those who

want to receive actual cash directly without the use of ATMs and

automated bank deposits. As a company, MoneyGram has also built its

reputation on international money transfers. The company claims to

have more than 25,000 payment locations in Africa alone.









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How to Receive Moneygram Online in Nigeria







Before now, one drawback of sending cash via money transfer services

is that they open or close with the stores’ business hours. This

means that you may be stranded and in need of money urgently and not

be able to have it till the next morning. However, Moneygram also

allows you to make transactions online. That is, you can send and

receive money online without visiting a branch office of Moneygram.



There are still times when it is necessary to hand over or collect

actual cash. That is why money-transfer services like MoneyGram and

Western Union have tens of thousands of agents in cities and towns

around the world. Money transfer services can be a lifesaver,

especially in cases of emergency when a family or friend in your home

needs money urgently. Moneygram claims to have 350,000 locations

around the world for pickup. However, transactions can only be

initiated in the United States and a few other countries. Note that

Moneygram is also used for fraudulent activities because of the quick

and easy means of identification required.







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How to send money via Moneygram

When sending money from a branch office of Moneygram, you are required

to fill out some paperwork. This can also be done online. After this,

you will can deposit cash, or use your credit or debit card to give

MoneyGram the money to be sent. You can also send money via your bank

account. Moneygram also charges certain fees depending on the method

of transaction and the location of the recipient of the money.

MoneyGram functions as a bank, the company does not have to bring

money to the destination of the recipient. All Moneygram does is serve

as the custodian of the money and notify the destination branch that

you have money waiting for you.

When the sender deposits money with Moneygram, he/she will be given a

number which she is to tell the recipient of the money. After a few

hours or days, the recipient can go to the location of a local

MoneyGram agent in order to retrieve the money using that number as

well as some other forms as a means of identification.



In summary, MoneyGram works in a very similar way to your own bank

because you deposit money in one location to be retrieved at another

location. The only difference is that it’s not you retrieving the

money but the designated recipient. This article provides you with

information on how to receive Money online via Moneygram.



Ways to send and receive money at MoneyGram



Moneygram offers you many options with which you can send and receive

money such as via bank accounts, mobile wallets, branch locations and

online.



How to send money via Moneygram



Below are steps to take in order to send money online via Moneygram:

Go to the Moneygram website







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Log into your existing profile or create a new account



Select the receiver, Let them know who the recipient is, how he or she

would receive the money and the amount you want to send



Choose your payment method: You can pay directly from your bank or via your card



How long does it take for Moneygram to deliver money



Usually, money sent via MoneyGram is ready for pick up in as little as

10 minutes after the money has been submitted to MoneyGram agents

during its operating hours, and the transfer has been certified to be

in compliance with regulatory requirements.



How to receive Money online via Moneygram



If money has been sent to your bank account or mobile wallet. You do

not need to do anything. The money will be automatically sent to your

bank account.



How to receive money from Moneygram agents



Moneygram is available at agent locations around the world. You can

easily find an agent location near you by using the locator tool on

this site.







(adsbygoogle = window.adsbygoogle || []).push({}); Ask the sender of

the money for the reference number associated with your transfer. The

person must have been given a reference number before the transfer was

made. The receiver must have requested for the reference number from

the person who sent the money transfer

Please note, the name of the receiver on the transfer record as well

as the name of the person sending the money must be the name as the

names on the official ID. This is to avoid fraudulent activities

Visit a MoneyGram location. Remember to bring along the reference number.

Take along any Government-issued identification (ID) that displays

your legal name as a means of personal identification

Complete the receiver form at the location and hand the completed form

to the MoneyGram agent to receive your money.



Any of the following documents can be required as a means of personal

identification. These are:Passport

Driving license

National identity card or

Government-issued identification

Proof of house address.





Requirements to receive money via MoneyGram vary from place to place

so make enquiries from the Moneygram agent at the branch location

about documents you might need to bring along and other details and

information.













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