Moneygram
Moneygram International is a financial messenger whose main activity is to make money transfers on two scales :
- National
- International
Headquartered in Dallas, USA, Moneygram works with individuals, businesses and financial institution clients (" MoneyGram "Wikipedia) to be able to "exist" abroad and carry out its remittance business.
There are two methods of transferring funds :
- Cash to cash
- Cash to account
Moneygram money services at Rawbank
Cash to cash
The service cash to cash is a money transfer system that involves sending or receiving money.
In order to receive funds, the beneficiary must bring the reference code and his/her ID. valid (ID/voter's card, driver's license, passport, etc.)
Cash to account
Literally, the expression cash to account means deposit cash into an account. This system launched by Moneygram International on the remittance market, allows senders to deposit cash in the bank account of the beneficiary abroad when sending funds.
From now on, it will be possible for ordinary customers to make transactions on their accounts abroad or on the accounts of third parties abroad.
As for the bank's customers, they will be able to make transactions on their own accounts abroad from Moneygram outlets.
Upon arrival of the funds, the beneficiary will receive a notification on their cell phone or by email depending on the arrangements made by their bank. Not required.
Nota: Eligible accounts for these transactions are individual accounts and joint accounts (current and savings accounts). Corporate accounts are not eligible and payments will be refused.
Advantage of Cash to account
- The possibility to make transfers at all Moneygram outlets (instead of using large agencies for fast tracking of international transfers);
- Speed. When a transaction is executed before 11:00 am (Kinshasa time, DRC), the beneficiary's account will be credited the same day, if not the next business day;
- Simplified repeat transactions - recipient's account information is securely stored for faster repeat transactions.
- The exchange rate applied on this type of transaction, in case of currency conversion, is favorable to the beneficiary compared to a cash to cash transaction;
- The ease for the beneficiary to use his money at any time: he can withdraw it via his card instead of moving or making payments.
- Quality Customer Service - Qualified (multilingual) Rawbank support staff are available 24/7 to answer your questions and provide solutions to your concerns.
- Reliable service - proven by 20 years of customer experience
Moneygram Agent Rawbank
As part of the extension of its services as a partner of MoneyGram International, Rawbank is authorized to enroll Moneygram agents and it is within this framework that you will find various MoneyGram Rawbank points of sale throughout the country.
By MoneyGram agent, we mean a merchant or any legal entity that has the appropriate framework to carry out money sending and/or withdrawal operations via the MoneyGram financial messaging system in complete security for the account of Rawbank. The future agent must be a Rawbank customer and sign a partnership contract with the bank.
Throughout the procedure, Rawbank accompanies its customers to support them in their efforts.
For this purpose, free training sessions are specially organized for Moneygram agents before they start their new activity.
Through these, they are made aware of the elements necessary for the proper functioning of the partnership.
The trainings take place in two parts, namely:
- Compliance, i.e. conducting business while respecting and acting in accordance with applicable law
- The use of the Moneygram software that allows you to perform the sending and receiving operations
In addition, the bank supports the development of Moneygram agents through smooth communication with the Moneygram business manager and good customer service. In fact, we have a growing number of Moneygram agents who have several points of sale.
Become a Moneygram Rawbank Sub-Agent
Do you want to become a Moneygram sub-agent? Here are the components of the application:
- A letter of request for partnership;
- Financial statements of the company;
- Notarized status, current RCCM, tax number, national identification number and business license.
- A color copy of the ID of the persons holding 10% of the company's shares, the compliance officer and the data entry operator.
- Extract from the criminal record of the managers and the Compliance Officer (last 3 months).
- The signed and dated CV of the Manager, Compliance Officer and Seizure Operator.
- Photos of the point of sale
- The deposit of $5,000 per outlet.
List of Moneygram* agencies
| Agencies | Area |
| 30 JUIN | KINSHASA |
| KIMPWANZA | KINSHASA |
| MATETE DEBONHOMME | KINSHASA |
| SALONGO | KINSHASA |
| MASANGA MBILA | KINSHASA |
| GUICHET CONSULAT | HAUT-KATANGA |