MoneyGram is a global money transfer service enabling customers to send and receive funds online or at physical locations across New York and nationwide.
Editorially reviewed by Harvey Brooks
MoneyGram is an established money transfer company that has built a network of physical locations and online services to facilitate domestic and international fund transfers. The company operates through thousands of agent locations, allowing customers to access money transfer services through retail partners rather than operating standalone branches.
The company's primary service offering centers on money transfers—both sending and receiving funds through in-person locations or online channels. Customers can search MoneyGram's extensive location database by address, city, state, or ZIP code to find convenient nearby agents in New York and across the United States. The service emphasizes speed and convenience for moving money between individuals.
MoneyGram's distributed agent-based model distinguishes it from traditional banks, as it operates through existing retail partnerships rather than maintaining its own physical infrastructure. This approach provides widespread geographic accessibility across New York, with locations listed in over 150 cities and towns throughout the state, from major urban centers like New York City and Buffalo to smaller communities like Cooperstown and Ticonderoga.
While MoneyGram provides essential money transfer services, the website offers limited transparency regarding fees, exchange rates, transfer speeds, or competitive pricing compared to alternatives. The company's marketing emphasizes convenience and ease of use rather than cost-effectiveness or rate competitiveness, which may indicate this is not a budget-focused option for consumers.
Yes. MoneyGram is a registered company headquartered in 666 10th Ave, New York, NY 10036. They hold a NR rating with the Better Business Bureau.
CreditDoc Diagnosis
MoneyGram is best suited for customers who need to send or receive physical cash in person at New York locations and lack access to traditional banking services. The primary caveat is that the company's website lacks critical pricing, fee, and speed information needed to evaluate whether MoneyGram offers competitive value compared to other money transfer services.
AAFE Community Development Fund is a HUD-certified housing counselor and CDFI offering free homebuyer education, down payment assistance loans, and homeowner repair financing for low- to moderate-income New Yorkers.
Best for: First-time homebuyers in NYC with low-to-moderate income seeking education and down payment help, Asian American and immigrant communities in NY seeking bilingual housing counseling
Bank of America's Kensington branch in Philadelphia offers full-service banking, walk-up ATM, notary, commercial deposits, and appointment-based specialist advice.
Best for: Existing Bank of America customers in the Kensington and North Philadelphia area, Small business owners needing commercial deposit services or business banking advice
Bank of America Financial Center in Philadelphia's Kensington neighborhood offering full-service banking, financial advice, and walk-up ATM access with extended Saturday hours.
Best for: Customers seeking comprehensive personal and business banking with professional financial guidance, Philadelphia residents needing multilingual banking support in non-English languages
Loans, credit, interest, APR — explained simply, without the financial jargon that makes your eyes glaze over.
Read guide →Missed a payment? Here's exactly what happens — day by day — to your account, your credit score, and your wallet. Plus what to do right now.
Read guide →Never had a credit card? Not sure how they actually work? Here's everything you need to know — explained like nobody's trying to sell you something.
Read guide →Affiliate Disclosure: CreditDoc may earn a commission when you click links to MoneyGram and other services. These commissions help us maintain our free research. Our editorial team independently evaluates all services. Compensation does not influence our ratings or rankings. Learn more.