Quick Answer: How Long Does MoneyGram Hold Money For Pick Up?

What is the maximum amount of money you can send through MoneyGram?

$3,000You can send more, but it will be broken up into chunks.

MoneyGram caps transfers at $899.99, for a maximum of $3,000 in a 30-day period.

PayPal allows transactions of up to $10,000 domestically.

iKobo limits usage of a preloaded card to $500 per day..

Do Money Grams expire?

MoneyGram money orders do not expire. Money orders that remain uncashed after a year may be subject to a monthly service charge that will reduce the value of the money order. The amount of the monthly service charge can vary and can be found in the “service charge” section on the back of your money order.

How long does it take to receive money from MoneyGram?

Cash can be picked up at any MoneyGram agent location. The money is typically ready for pick up in as little as 10 minutes after the transfer is submitted subject to agent operating hours, and compliance with regulatory requirements. Available in all countries.

Why does MoneyGram hold money?

Software system identifies transactions at high risk for being fraudulent; Since May 2010 MoneyGram has protected customers from losing approximately $22.5 million in fraud. … MoneyGram can then put the transaction on hold, contact the original sender, and if needed, stop the fraudulent transaction from being received.

How long does Western Union hold money for pick up?

In most cases, the money can be picked up within a few minutes after sending. If you do not pick up the transfer on the same day, it will remain in the system for the next 45 days. Money is not returned to Sender for 9 months after the date of sending, unless the Sender orders so.

Can you cancel a MoneyGram and get your money back?

You have the right to cancel a remittance transfer for a full refund, including any fees paid to MoneyGram, as long as you do so within a half hour of sending it. If you suspect fraud or have another reason to cancel a transaction that hasn’t yet been picked up, call MoneyGram’s customer care center at 1-800-926-9400.