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Moneygram Payment Systems Worldwide Inc — Overview
D+ Overall
Moneygram Payment Systems Worldwide Inc is rated overall in the bottom 27th percentile based on 1,643 customer complaints.

Statistics

Number of Complaints1,643 (35 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner99.7%
Resolutions Disputed by Customer1.9%
Complaints Resolved in Customer's Favor90.6%

Financial Report

Established
FDIC Certificate #
Number of Branches— (— International)
Total Assets
Total Deposits
Total Equity Held
Quarterly Net Income
27th
percentile

Contact Information

Not Available

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Moneygram Payment Systems Worldwide Inc — Summary

Moneygram Payment Systems Worldwide Inc is ranked 307th out of 3,688 banks. That puts Moneygram Payment Systems Worldwide in the bottom 26th percentile and gives them an overall grade of "D+". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 1,643 complaints against Moneygram Payment Systems Worldwide and 1,058,614 complaints total.

Of the 1,643 complaints again Moneygram Payment Systems Worldwide, there have been 261 in the passed 18 months. Of those 261 complaints, 90.6% have been resolved in the customers favor, 1.9% have been disputed by the customer, and 99.7% have been resolved in a timely manner. The CFPB allows 60 days to resolve complaints before considering them "untimely".

The statistics and figures above are averaged and ranked. We then compute teach bank's overall percentile based upon these scores. Learn more details about our ranking methodology.

Break-down by Financial Product

Grades are also broken down by financial products offered by each institution. Moneygram Payment Systems Worldwide Inc is graded in 1 category of financial products they offer. The top 3 categories are Money Transfers, Other Financial Service and Credit Card.

Moneygram Payment Systems Worldwide Inc is rated "F" in Money Transfers.

Click here to see Complete Moneygram Payment Systems Worldwide Report Card »

Most Recent Complaints

Below is the list of the top 10 complaint reasons against Moneygram Payment Systems Worldwide Inc. Click here to see all complaints against Moneygram Payment Systems Worldwide.

# Product Sub-Product Issue Count
1 Money transfers International money transfer Other transaction problem 49
2 Money transfers International money transfer Money was not available when promised 38
3 Money transfers International money transfer Fraud or scam 37
4 Money transfers Domestic (US) money transfer Fraud or scam 34
5 Money transfers Domestic (US) money transfer Other transaction problem 33
6 Money transfers Domestic (US) money transfer Money was not available when promised 15
7 Money transfers International money transfer Other service problem 10
8 Money transfers Money order Problem with customer service 6
9 Money transfers Money order Lost or stolen money order 6
10 Money transfers Domestic (US) money transfer Other service problem 5
View all complaints »
Complaints by Product
Complaints Over Time - By Year
** Document Provided By BankRank.org **
Source: https://www.bankrank.org/banks/moneygram-payment-systems-worldwide-inc