MoneyGram Money transfers department,
International money transfer Other transaction issues Illinois
MoneyGram canceled and refund my transaction after more than 35 hours of having my money blocked - doing that by offering a - In minutes transfer money service. - - - 2016 I went to a MoneyGram location in - IL with the intend to send ~ $1500.00 ( - ) to a Friend of mine in - . I talked on their red phone that they have at that location, that someone automatically answers to guide you with the transaction. After I confirmed my name, my friends name and location, the Transfer in Minutes fee for sending $1500.00 was $80.00. So I agree to that and pay the money, I got a Reference # - and they said the money should be available to pick up in - in a
transfer me and I waited 20 min and nobody answered.I called 2nd time after ~1h and same story I was transferred to this department that never answers ... and waited for ~32 min this time ... still no answer so I give up. - - in the evening I go to a money gram location next to my house to try to get some answers, I used their Red phone again and guess what, same story I had to wait to talk to this department and they said it may take more the 40 min or 1 hour. So I told them that in this case I just want to cancel the tansaction, because it is not money in minutes transaction anymore, almost a full day past by and I spent - on the phone trying to understand what do they need to review. - day the - - 2016 I called them again, same story this time they transfer me and this department finally picked up after just ~15 min waiting for them. And they asked me the same question that they had asked me when I first made the transaction on the phone, my name, my friends name ( the receiver ) and so on ... that finally they come up with this reason that the transaction has to much risk and that they will refund my the money. Now I got a new reference # that I hope I can use it to get my money back, I have not got to and MoneyGram office yet. So this was after min ~ 35 h from when I made the transaction and payed the money for it. So the SCAM that MoneyGram IS DOING is that they have use my money ~ $ - $80.00 fee ) for ~35 h and as they work almost all over the world they probably do this for - of people like me and are able to block huge amount of money just for at least 24 h so they can collect interest on it or invest the money or whatever. For a service that is called money transfer in minutest that actually blocks your own money for more then 24 h that is outrageous and most probably illegal. I relay appreciate if you will take note of this fact and start investigating Money Gram. I WILL NEVER USE MONEYGRAM SERVICE AGAIN
MoneyGram customer in Illinois
Feb 12, 2016
* Source: CFPB Complaint Database
MoneyGram response to complaint:
Closed with explanation
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