![]() ![]() MoneyGram has several options for how your intended recipient can get their money. How to send money transfer online with MoneyGramĬomplete your transaction by following the prompts provided by the bot.Ĭheck if there are any MoneyGram promo codes available How can my recipient get the money? We’ll go through each one and what the steps look like. MoneyGram has a diverse range of transfer options. ![]() What are the ways I can send money abroad with MoneyGram? You can also then use the interbank rate as a benchmark for comparing the rates of other money transfer providers. It is best to compare the displayed rate on MoneyGram with the current mid-market rate to work out the size of the margin charged. These exchange rates may change depending on how you are paying and how the money is being received, so pay attention to the total amount expected to be transferred when deciding on how to send your money through MoneyGram. MoneyGram makes money by adding a margin to the exchange rate in addition to any fees charged. Paying by credit card and having the money available for cash pickup is often the most expensive way to transfer money using MoneyGram.Ĭompare money transfer fees now How are MoneyGram’s exchange rates? Paying via bank transfer and having the money delivered to a bank account is often the cheapest way to send money through MoneyGram. If you select the Rates & Fees tab on the homepage, you can see an estimate of transfer costs. Fees typically increase between $500 and $1,000, sometimes doubling when you bump up to the next fee tier. MoneyGram bases fees on the amount you are sending. ![]() MoneyGram doesn’t offer recurring transfers, scheduled transfers or any other hedging too to help you save money. Pay close attention to the exchange rate to make sure you’re getting the best deal. MoneyGram’s exchange rates vary depending on how you pay for your transaction and how it will be received. Fees are often higher when paying with a credit or debit card and lower when making a bank transfer. As with most money transfer services, MoneyGram’s international and domestic transfers incur a fee. When you need to send more, you can do so in person from a MoneyGram agent location. In the US, you can send up to $15,000 per online transfer to 42 countries, depending on the sender’s bank account limits. When sending online with MoneyGram, your transfer is limited to $10,000 per transaction. All international money transfer services. ![]()
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