MoneyGram Account is offered through Pathward, N.A. What does that mean?
MoneyGram is a fintech, which means we don’t have a bank charter. We’ve partnered with Pathward, N.A., Member FDIC, to provide you with banking products and services, and to insure your deposits up to the legal limit of $250,000. Funds are FDIC insured, subject to applicable limitations and restrictions, when we receive the funds deposited to your account. MoneyGram is not itself a bank or a FDIC-insured institution and the FDIC’s deposit insurance coverage only protects against the failure of a FDIC-insured institution. Pathward, National Association is a FDIC-insured depository institution.
Common questions
- Can I schedule a recurring send to send money transfers on a weekly or monthly basis?
- How much money can I send online through MoneyGram? Are there limits to how often I can send money?
- Why didn’t my scheduled transfer go through?
- How much does it cost to transfer money with MoneyGram?
- Which countries can I send money to from the United States?