MoneyGram

MoneyGram International, Inc. is a US-based financial company headquartered in Minneapolis, which has an international presence in the financial market. It is listed on the New York Stock Exchange with the identifier MGI, was established in 1940.

It has offices and business partners around the world. The main business are express money orders.

About a MoneyGram branch can be transferred by deposit in a branch a sum of money between two people. The depositor receives here a reference number. The recipient can, after the reference was communicated to him by the payer, let the certain amount of money to pay for it in a store at his location almost instantaneously.

Payer and recipient must prove their identity.

According to information MoneyGram has over 190,000 stores worldwide.

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