MoneyGram Introduces New Program
MoneyGram, a leading provider of global payment services in the Liberia has introduced a new Banking program referred to as “Send To Account”.
MoneyGram International Inc. is a money transfer company based in the United States with headquarters in Dallas, Texas and operates in more than 200 countries with a global network of about 347,000 agent offices.It has an operations center in St. Louis Park, Minnesota and regional and local offices around the world and is divided into two categories Global Funds Transfers and Financial Paper Products.
The company provides its services to individuals and businesses through a network of agents and financial institutions and it is also the second largest provider of money transfers in the world.
Making the disclosure recently in Monrovia the Regional Director, Patrick Appiah said, the new service is meant to enable receipt of any amount of money sent via MoneyGram from abroad is directly received through the receiver’s bank account.
Appiah added that the new Banking program referred to as “Send To Account” currently operates in 50 countries and expressed the belief that it would be extended to every part of the world where MoneyGram operates.
According to him, if anyone sends money via MoneyGram from a relative abroad directly into the bank account of the recipient, the sender would only pay USD $5.OO as service charge to MoneyGram and the process will only take leastten minutes.