The company exists since 1940 and has its headquarters located in Dallas. They have more than 284,000 service offices in almost 200 countries around the world. Having come to one of the Money Gram branches, you can send money to almost any place in the world. The amount will come to the recipient within a few minutes and he can pick them up by filling in identification documents. There is a transfer fee depending on the amount that rarely exceeds 2.5%. Money Gram is the second largest company in the field after Western Union. Unfortunately, players do not recommend using money transfers for deposit and withdrawal due to a big chance of fraudulence.
Deposit and withdrawal method
Money Gram casino deposit is rarely allowed, as it is not compatible with online gambling. The essence of the money transfer is that you must personally pay the amount to the employee in the branch of the company and the recipient must also come personally. Also, this method is a violation of the general rules of IGambling. Many players believe that Money Gram is not safe for withdrawals due to the ease of fraud and the impossibility to prove the guilt.
If you decide to use the services of Money Gram to make money in an online casino or in another place, it’s easy to do. First of all, find out what is the nearest office of the company. You can also check your local bank if it has money transfer with Money Gram; many banks provide this service. Visit the place with the documents and the amount to send. Filling out all the information, money sends and almost instantly come to the necessary location. The fee amount is paid by the sender. To receive, you must provide the employee of Money Gram with a special individual number.
Money Gram is a well-known international company that takes care of its customers. Before making a transfer, you can clarify all the details with the help of a company employee in the office. You can calculate the commission in the same place or with the help of an online service in advance. In case of a problem, you can contact Money Gram representatives on the official website in the Contact Us section. Fill out the form with all the necessary data and expect a response. On the site, you can also find additional information about the company and its services.
Advantages and disadvantages
The main advantage of Money Gram is its ease of use. Even your grandmother can send or receive money transfers. The company has a large number of offices in 196 countries; this makes the search for the nearest one a very simple task. No bank in the world has such prevalence. At the same time, transactions are carried out as quickly as online ones.
However, there are a significant number of shortcomings. First of all, money transfers are a great chance to be deceived. In the case of Money Gram online casinos, this situation is even worse as this method violates the rules of their use. Users recommend never sending money to strangers. There were cases when users really did not get their money at the casino account or did not receive the withdrawn funds. You should not blame Money Gram in such cases and it’s better to choose a platform for games more carefully. The company also wants to protect customers from fraud and educate them about it in the sections Fraud Aware and Fraud Prevention on the site.
Another drawback is the high fee. Many people complain that the commission is higher than in banks in the case of sending small amounts. In general, it is about 2% of the amount.
- ease of use;
- a large number of offices in 196 countries;
- transactions are as quickly as possible.
- big risks of being deceived;
- the high fee.
Money Gram is an international company that conducts thousands of money transfers per second worldwide. This fact makes them responsible for the safety of their customers. It should be said that all transactions occur using a special encoding and access key. Authentication of the person when receiving funds is used as an additional method of security. The recipient is also required to provide numbers that are unique for each transaction.
Money Gram is licensed as a Money Transmitter by the Banking Department of the State of New York. It also has the Massachusetts Check Seller License, Foreign Transmittal License and Georgia Department of Banking and Finance License.
Casinos that accept Money Gram
In general, there are several dozen active online casinos that accept Money Gram; however, this does not mean that they all have a good reputation and provide quality services. Here are some of the most popular and reliable.
If you are a fan of poker, you should definitely try Americas Cardroom. It is is a downloadable poker room, which also has bingo, lottery, sports betting and more. It is managed by the Winning Poker Network and is licensed by Costa Rico. The Money Gram casino offers a 100% welcome bonus up to $ 1,000 and additional offers every week.
Bookmaker accepts sports bets and provides services as a regular casino with slots and table games. The company has existed for more than 30 years as a bookmaker and has a good reputation. It operates under the jurisdiction of Costa Rica. The casino offers 15% welcome sports bonus up to $ 600 and 50% casino bonus up to $ 1,000.
Fair Go is the Money Gram casino, which has games from more than 10 manufacturers including NextGen Gaming, PariPlay, Evolution, Playson, and others. It has the license of the Curaçao Gambling Commission.
YouWager accepts Money Gram payments and has live dealers and sports betting in addition to a regular casino. In general, it offers more than 500 games. Most of all it is focused on Sportsbook and offers big bonuses in this section.
Alternatives To Money Gram For Funding Online Casino Accounts
Money transfers have their shortcomings; so many users try to find an alternative. Bank cards and electronic wallets deposits are the most popular among the players.
Everyone has a Visa card from a local bank, so this is the easiest way to make a transfer. About 99% of online casinos accept such payments. The operation is fast and has a minimum fee. Users love electronic wallets for the same reasons. The most popular representatives of this service are Skrill, Neteller, and WebMoney.
Money Gram is a good way to send money to your friends or relatives in other countries. But it is absolutely not suitable for online casino deposit. First of all, it is due to the irrationality of this type of payment. The fee is higher than in the case of bank transfers and electronic purses. At the same time, the number of online casinos that accept Money Gram is very small; the choice is very poor. At the same time, the quality of these casinos is very doubtful, since the use of money transfers for a deposit is a violation of the IGambling rules. This fact increases the possibility of fraud.
- Are there limits on sending money?Yes, the maximum amount of money that you can send is approximately $10,000 – $15,000; the limit depends on the country. Also, it is necessary to take into account the limits of the recipient’s country.
- What currencies does Money Gram send?Money Gram provides the ability to select currencies for sending or receiving money in some countries. Contact the company office to find out the available currencies and their exchange rate. Also, inform the employee about the country which you send money in; it can also affect.
- How to avoid fraud?This is a very common problem when online casinos accept your money, you make a big win, but the casino does not want to bring it out. If such a situation occurs, you must report to the commission that issued the license to the casino and to the special communities that are fighting with fraud. Money Gram is not the best method of deposit casino since you send money to a stranger without any guarantee. It is recommended to use Money Gram only if you know the recipient. Also, never tell anyone the unique numbers to confirm receipt. You can find out more on the official website of the company in a special section.
- Does Money Gram have a connection with these fraudulent transactions?No, it never was and never will be. Money Gram actively fights against all types of fraud and asks users to inform about attempts. It is part of an American organization that helps people identify fraud and avoid it. Scammers often use the company name to find out the transaction data by sending fake messages. Users should also remember that Money Gram will never ask to send personal data associated with its transactions and accounts.
- How to identify good Money Gram online casinos?Before you make your first deposit and start playing, you should definitely check out the casino reviews. Users often share their positive and negative experiences in special forums. As practice shows, Money Gram is available as a method of deposit and withdrawal only in mediocre or very bad casinos. The assortment is very small to choose. Basically, these are bookmakers that also offer slots and table games. Money transfers are very risky and players rarely use them, so many casinos refuse them.
- What do you need to have in order to send and receive a money transfer?In order to send you must bring an identity card, indicate the name, surname, and country of the recipient and provide the amount of money. The recipient must carry an identification document and the transaction control number. The name in the transfer registration record indicated by the person who sent you the money must be the same with the name given in the official identification of the recipient. In order to avoid problems, learn in advance all the details of the transfer to the needed country.