MoneyGram Resumes International Money Transfers into Greece
ATHENS, Greece, July 30, 2015 /PRNewswire/ -- MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer and payment services, announces today that international money transfer services into Greece will be restored July 31, enabling customers to once again receive money from their friends and family from around the world.
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MoneyGram's customers in Greece can receive money in cash without having a bank account through the company's local agent network, including selected retailers and banks, by using their ID card or passport. Cash will usually be available to the recipient in as little as 10 minutes of the transaction subject to agent operating hours, availability and local laws and regulations.
"Limitations currently applied to bank account cash withdrawals in Greece are not applicable to money transfer receive transactions in cash," says Massimo Canovi, MoneyGram's vice president of sales and marketing. "Our customers can receive the full amount of money being sent to them from within Greece as well as from anywhere in the world."
The activation of MoneyGram's international and domestic transfer services follows a new law issued by the Greek government that allows money transfer operators to resume operations.
Many MoneyGram locations are open after hours and during weekends. For more information about available locations and services, customers can call +30 211 1065300 – extension 2.
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About MoneyGram International, Inc.
MoneyGram is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.
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