MONEY GRAM — MoneyGram Bank Charge Explained

MONEY GRAM on your bank statement is a transaction descriptor for MoneyGram, a finance company. MoneyGram is a global money-transfer service for sending and receiving funds internationally. A charge is usually a transfer plus its fee, so the amount varies by what you send.

What Is the MONEY GRAM Charge?

MONEY GRAM is a transaction descriptor for MoneyGram, a finance company.

MoneyGram is a global money-transfer service for sending and receiving funds internationally. A charge is usually a transfer plus its fee, so the amount varies by what you send. It typically appears as MONEYGRAM on your statement.

This code appears on your bank statement because banks display a short payment reference — set by the merchant's payment processor — rather than the company's full trading name. The code MONEY GRAM is the official identifier that MoneyGram registered with Visa or Mastercard.

Is the MONEY GRAM Charge Legitimate?

A charge from this merchant may relate to a purchase, subscription, trial or another transaction. Only you and your bank can confirm whether a payment was authorised. It may help to check your email for a receipt, or log into your MoneyGram account to review recent activity.

How Do I Cancel or Dispute a MONEY GRAM Charge?

  1. Identify the charge: Confirm the charge is from MoneyGram by checking your email for a receipt or logging into your account on their website.
  2. Cancel your subscription: If you no longer want the service, log in to MoneyGram and cancel your subscription through account settings before the next billing date.
  3. Contact the merchant: If you do not recognise this entry, contact your bank or card issuer and ask them to confirm the transaction and merchant details. Only you and your bank can confirm whether a payment was authorised.
  4. Contact your bank: If the merchant does not resolve the issue, contact your bank or card issuer using the number on the back of your card. They can explain what options may be available and what information they need.

What Other Names Does MoneyGram Use on Bank Statements?

MoneyGram may also appear on your statement as:

Frequently Asked Questions About MONEY GRAM

What is MONEY GRAM on my bank statement?

MONEY GRAM is a bank statement transaction code for MoneyGram, a finance company. MoneyGram is a global money-transfer service for sending and receiving funds internationally. A charge is usually a transfer plus its fee, so the amount varies by what you send. It typically appears as MONEYGRAM on your statement. This descriptor appears because banks display a shortened payment code instead of the full company name.

Is MONEY GRAM a scam?

A charge from this merchant may relate to a purchase, subscription, trial or another transaction. Only you and your bank can confirm whether a payment was authorised. It may help to check your email for a receipt, or log into your MoneyGram account to review recent activity.

Why is MONEY GRAM on my bank statement?

MONEY GRAM appears on your statement because MoneyGram processed a payment through their card payment provider. The code is set by their payment processor and is the official descriptor registered with Visa or Mastercard. Common reasons include a subscription renewal, a one-off purchase, or a trial period that has converted to a paid plan.

How do I cancel MONEY GRAM?

If you do not recognise this entry, contact your bank or card issuer and ask them to confirm the transaction and merchant details. Only you and your bank can confirm whether a payment was authorised.

How do I get a refund for a MONEY GRAM charge?

If you cannot resolve this with the merchant, contact your bank or card issuer. They can explain what options may be available for this type of payment and whether any time limits apply.

For more information about MoneyGram and all its known transaction codes, visit the MoneyGram merchant page.