Basically Moneygram is not meant for commercial transactions. It is for sending money to relatives or close friends. Their model is that they are the middle person facilitating a quick one-way transaction - by holding a number of bank accounts in various countries. When you send your relative/friend money, what actually happens is that it gets deposited into a Moneygram account where you live; then the same amount of money gets taken out of a Moneygram account where the recipient lives and gets deposited into their local bank account. The money never crosses jurisdictional boundaries and in that sense is never "sent". The very nature of this model makes it all but impossible to reverse transactions.
Last edited by guitarrista on Wed Oct 04, 2017 11:46 pm, edited 1 time in total.
1982 Anselmo Solar Gonzalez