FAQs
The fee for a transfer with MoneyGram varies depending on the amount you want to transfer. MoneyGram charges a flat $5 fee to send amounts between $1 to $49 and a flat rate of $11.50 on amounts between $50 and $499. The fee on amounts of $500 and above is 2%. There is also a maximum amount of $10,000 per transfer.
Does MoneyGram charge a transaction fee? ›
Fees vary depending on where you are sending, how much, and how you are paying. Fees are typically lower if you pay with a bank account (must be a U.S. checking account). If you pay with your credit or debit card, the fees are slightly higher.
How much is it to send $100 through MoneyGram? ›
Within the United States, Western Union is cheaper than MoneyGram to send $100 via an online bank account: $0 for Western Union compared to $1.89 for MoneyGram.
What is the maximum money transfer rate for MoneyGram? ›
How much money can I send online? For most countries, you can send up to $10,000.00 per online transfer, and up to $10,000.00 every 30 calendar days. In Chile you can send up to $5,000.00* per online transfer to 42 different countries. *Send limits may be determined by the sender's bank account limits.
Is MoneyGram cheaper than Western Union to send money? ›
Western Union and MoneyGram provide similar payouts. Western Union tends to provide cheaper fees while MoneyGram generally provides better exchange rates.
What is the fee to send money? ›
Wire transfer fees generally range from $0 to about $50. The median wire transfer fee for the institutions we surveyed is $15 for incoming domestic wire transfers, $25 for outgoing domestic wire transfers, $15 for incoming international wire transfers and $45 for outgoing international wire transfers.
How much does Western Union charge to send $1000? ›
Sending a Western Union money transfer costs $5 + 1% for any amount between $0 –$300.99 and $5 + 1.75% for amounts between $301 –$999.99 of the money transfer.
Is MoneyGram a good way to send money? ›
While MoneyGram is well-known for fast and reliable international money transfers, it is one of the most expensive options for many consumers. MoneyGram has higher fees for transfers and a greater markup on the mid-market exchange rate.
How much cash can you send on MoneyGram? ›
If you're sending money online with MoneyGram, there are transfer limits to be aware of. For most countries, you can send up to £7,600 per online transfer, and up to £7,600 every 30 calendar days.
How much does it cost to send a MoneyGram through Walmart? ›
Select an option to continue
| Name | Fastest Transfer Speed | Fees (Pay by Bank Transfer) |
|---|
| MoneyGram | Within minutes | From $0 |
| Airwallex | Within minutes | $0 |
| OFX International Money Transfers (Business) | 24 hours | $0 |
| CurrencyTransfer for Business | 24 hours | $0 |
8 more rowsIf you need to send money to yourself, MoneyGram can do that for you.
How to avoid Western Union fees? ›
You can avoid these fees by using a debit card. * Western Union also makes money from currency exchange. When choosing a money transmitter, carefully compare both transfer fees and exchange rates. Fees, foreign exchange rates, and taxes may vary by brand, channel, and location based on a number of factors.
How does MoneyGram work at Walmart? ›
Send money online with Walmart powered by MoneyGram
Enter your information so that we can verify your identity. Tell us who you are sending money to, how much you want to send, and how they want to receive the money. Choose between cash pickup and directing money to a bank account outside the United States.
What's the cheapest way to send money? ›
- Your Bank.
- Zelle.
- PayPal and Venmo.
- Western Union or MoneyGram.
- Physical Cash.
- Personal Checks.
- Bank Drafts, Money Orders, and Cashier's Checks.
- Email Money Transfers.
How long will an international money transfer take using the MoneyGram® Money Transfers app? Depending on the payment option and receive method, transfers can take as little as few minutes to a few days. For faster transfers, select debit card as your payment option.
How much money can I send through Western Union in one day? ›
Western Union is one of the best known money transfer services on the planet and has a relatively high limit of 50,000 USD per day for verified account holders.
Guide: How to Send Money Through MoneyGramCompareRemithttps://www.compareremit.com ›
A complete guide and review of Moneygram. Find out MoneyGram's Fees and exchange rates for money transfers. And different ways to send money through MoneyGr...
MoneyGram offers money transfer services worldwide through a global network of 339,000 agent locations - including retailers, international post offices and fin...
MoneyGram and Western Union are two of the most popular money transfer services. Compare the services and the fees before making a choice.
OFX. OFX does not charge any fees, and the exchange rate is less than 1%, but all transfers must occur within bank accounts, and it typically takes two to four days for your recipient to get the money. The company can transfer money to over 170 countries or 50-plus currencies.
Can MoneyGram transfer to a bank account? ›
MoneyGram allows you to send money directly to a bank account or mobile wallet in select countries. To find out if you can send money to your receiver's bank account or mobile wallet, start sending money or estimate fees from the home page, and select “Account Deposit” as your receive option.
How safe is MoneyGram money transfer? ›
MoneyGram never recommends sending money to a stranger. Any monies received by a stranger cannot be recovered and, unfortunately, you will not get your money refunded back to you. MoneyGram is very safe when sending to someone you know and trust.
