New service delivers international cash in just ten minutes
TV presenter Konnie Huq has teamed up with the Post Office and MoneyGram who are bringing international money transfers closer to home by extending the service to all 14,000 UK Post Office branches.The Post Office and MoneyGram now offer by far the largest international money transfer network in the UK and also have a new fully computerised service making it even faster to send and receive cash too.
In just ten minutes, cash can travel from any Post Office branch to 125,000 locations in approximately 170 countries and territories worldwide. So, from Brighton to Bangladesh or Shetland to South Africa, it’s never been easier to use the Post Office and MoneyGram service.
Konnie Huq said: “With friends and family overseas, and being a regular traveller, I know there are times when you need to send cash overseas in a hurry. It’s great to know that I can simply pop into my local Post Office branch and the money will arrive in just ten minutes.”
MoneyGram was previously available at around 3,500 Post Office branches, but now all branches are equipped with the latest technology meaning MoneyGram transfers can be sent to and received from all 14,000 Post Office branches. Unlike some other money transfer services it is not necessary to have a bank account to send or receive a MoneyGram transfer.
Post Office managing director Alan Cook said: “Customers using Post Office and MoneyGram trust us to ensure their money arrives safely and quickly at its destination. By extending the service to all of our branches we’ve made it even quicker and more convenient for people send and receive cash from abroad”.
An estimated £2.7 billion is sent overseas from the UK through international money transfer services each year and this is continuing to grow. In many cases, cash is being sent to friends and family overseas to cover educational or medical fees, or emergency funds.
To find out more about the new Post Office and MoneyGram service visit postoffice.co.uk or moneygram.com.