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MoneyGram Review 2026 โ€” Fees, Rates & Exchange Rate Margins

Send online or via 350,000+ agent locations worldwide with cash pickup and bank deposit.

1.05%
Typical FX margin (estimate)
$2.25
Typical flat fee, in USD (estimate)
โ€”
Typical transfer fee (estimate)
4 of 18
Sending markets confirmed (how we check)
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Send with MoneyGram โ†’

Pros

  • โœ… 350,000+ locations
  • โœ… Cash pickup
  • โœ… Bank & wallet deposit

Cons

  • โŒ Fees vary widely by corridor and delivery method
  • โŒ Cash pickup pricier than bank deposit

Where you can send from with MoneyGram

Confirmed: United States, United Kingdom, Euro area, Australia.

Not yet confirmed: United Arab Emirates, Saudi Arabia, Canada, Singapore, Malaysia, Qatar, Kuwait, Oman, Bahrain, Switzerland, Japan, New Zealand, South Africa, Hong Kong โ€” we do not list MoneyGram on corridor pages from these countries until we can verify it.

Based on the provider's own pages and live quotes, last reviewed 2026-10-17. Availability can differ by country within the euro area and changes over time โ€” always check in the provider's app or site.

MoneyGram performance on key corridors

Based on sending about USD 1,000 (in each sending currency), for the sample corridors MoneyGram is confirmed to serve. "โ— Live quote" rows are real prices (Wise's quote API and Wise's public comparison data); "Typical fee (estimate)" rows are estimates and are not ranked. Figures are indicative โ€” check live rates before sending.

CorridorRate after marginRecipient getsTotal costRankingData type
๐Ÿ‡บ๐Ÿ‡ธ USD โ†’ ๐Ÿ‡ฎ๐Ÿ‡ณ INR 94.2687 โ‚น94,056.62 1.27% not ranked Typical fee (estimate)
๐Ÿ‡บ๐Ÿ‡ธ USD โ†’ ๐Ÿ‡ต๐Ÿ‡ญ PHP 63.2886 โ‚ฑ63,146.19 1.27% not ranked Typical fee (estimate)
๐Ÿ‡ฌ๐Ÿ‡ง GBP โ†’ ๐Ÿ‡ฎ๐Ÿ‡ณ INR 125.82 โ‚น94,153.76 1.27% not ranked Typical fee (estimate)
๐Ÿ‡ช๐Ÿ‡บ EUR โ†’ ๐Ÿ‡ต๐Ÿ‡ฑ PLN 4.359 zล‚3,870.71 1.27% not ranked Typical fee (estimate)

MoneyGram fee breakdown

MoneyGram has a flat fee of ~$2.25 per transfer, no percentage transfer fee, and an FX margin of 1.05% above the mid-market rate. Send online or via 350,000+ agent locations worldwide with cash pickup and bank deposit.

Basis of the figures above: Median of 15 real provider quotes via the Wise comparison feed, 2026-10-06, on โ‰ˆUSD 1,000 (standard delivery, no promotions). Live per-corridor quotes, where available, are shown in the tables on each corridor page.

Transfer speed: Minutes โ€“ 3 days. The total cost is competitive across most corridors at typical transfer amounts.

Compare MoneyGram vs others

Frequently asked questions

Is MoneyGram safe and legitimate?

MoneyGram is an established international money transfer service licensed and regulated in multiple jurisdictions. As with any financial service, always verify the provider holds a valid licence in your country before using it.

How much does MoneyGram charge?

MoneyGram charges a flat fee of approximately $2.25 per transfer, no transfer percentage fee, and an FX margin of 1.05% above the mid-market rate. Total cost varies by corridor and amount.

How fast is MoneyGram?

MoneyGram typically delivers in Minutes โ€“ 3 days, depending on the corridor, delivery method and time of day.

How does MoneyGram compare to Wise (TransferWise)?

Both are online money transfer services, but they differ in fee model and corridor coverage. See the head-to-head on the Wise (TransferWise) comparison page, or use the live comparator on FX Skipper for your specific route and amount.