Money Transfers: How does the MoneyGram network operate?

Asked Jan 7, 2014· 1 answer
Faisal KhanAnswered Jan 7, 2014
Simply go to MoneyGram International website and scroll down, there is a link called Become an Agent - click on it and you will have all the details.

Depending on the country you are in, there may be a fees associated with it. Typically you will have to invest in signage etc. in becoming an agent.

As to how it work, I wrote and answer earlier how, perhaps that will help you understand how money transfer settlements are done:

Faisal Khan's answer to What exactly happens when money is sent via Western Union versus a company like XOOM? What is the difference?
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