Post Office brings MoneyGram to all 14,000 branches
The Post Office® and MoneyGram now offer by far the largest international money transfer network in the UK and also have a new fully computerized service making it even faster to send and receive cash too.
In just ten minutes, cash can travel from any Post Office® branch to 125,000 locations in approximately 170 countries and territories worldwide. So, from Brighton to Bangladesh or Shetland to South Africa, it’s never been easier to use the Post Office® and MoneyGram service.
MoneyGram was previously available at around 3,500 Post Office® branches, but now all branches are equipped with the latest technology meaning MoneyGram transfers can be sent to and received from all 14,000 Post Office® branches. Unlike some other money transfer services it is not necessary to have a bank account to send or receive a MoneyGram transfer.
An estimated GBP 2.7 billion* is sent overseas from the UK through international money transfer services each year and this is continuing to grow. In many cases, cash is being sent to friends and family overseas to cover educational or medical fees, or emergency funds.
* Department for International Development – UK Remittance Report 2005
