MoneyGram international money transfers

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Send cash overseas to more than 190 countries with MoneyGram.

MoneyGram is a money transfer service operating in over 190 countries. Powered by global foreign exchange leader OFX, with MoneyGram you can send funds via an online bank transfer straight to your recipient’s account, or from one of thousands of agent locations to other locations or bank accounts around the globe.

USD 1

Min. Transfer Amount

USD 6,000

Max. Transfer Amount

1 day

Transfer Speed

Details

Product NameMoneyGram International Money Transfers
Min. Transfer AmountUSD 1
Max. Transfer AmountUSD 6,000
Transfer MethodsAgent
Transfer Speed
Minimum transfer time
1 day
Customer ServicePhone, Email
Available CurrenciesAED, AFN, ALL, AMD, AOA, ARS, AUD, AWG, BAM, BBD, BDT, BGN, BHD, BIF, BMD, BND, BOB, BRL, BSD, BTN, BWP, BZD, CAD, CDF, CHF, CLP, CNY, COP, CRC, CVE, CZK, DJF, DKK, DOP, DZD, EGP, ERN, ETB, EUR, FJD, GEL, GHS, GIP, GMD, GNF, GTQ, GYD, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, IQD, ISK, JMD, JOD, JPY, KES, KGS, KHR, KMF, KRW, KYD, KZT, LAK, LBP, LKR, LRD, LYD, MAD, MDL, MGA, MKD, MNT, MOP, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, RSD, RUB, RWF, SAR, SCR, SEK, SGD, SLL, SRD, STD, THB, TJS, TND, TOP, TRY, TTD, TVD, TWD, TZS, UAH, UGX, USD, UYU, UZS, VEF, VND, VUV, XAF, XCD, XOF, XPF, YER, ZAR
Online Transfer FeeUSD 3
Exchange Rate UpdatesReal time

MoneyGram's coronavirus response

MoneyGram is encouraging customers to take business online when possible. According to the MoneyGram website, customers should:

  • “Take advantage of our online and in-app services to limit unnecessary travel
  • Check with local agents for store hours, restrictions, and closures if you need to send money using cash”

MoneyGram exchange rates

As mentioned, MoneyGram is powered by OFX, a leading money transfer provider in Hong Kong with competitive fees and exchange rates. You can see a comparison of MoneyGram’s exchange rates below.

MoneyGram (HKD)HSBC(HKD)
1 USD8.107.81
1 GBP10.6910.31
1 CAD6.315.97
1 JPY0.080.07
1 EUR9.559.03
1 NZD5.685.39
1 SIN6.145.79
1 THB0.250.24
1 AUD6.135.87

Comparison accurate at time of writing 28/05/16 23:14PM EST.

As you can see, MoneyGram offers competitive rates compared to banks and even other money transfer services. Keep in mind that the above comparison doesn’t take into account fees. Read on to see a common transfer and the fees you’d be charged for it.

How much does it cost to transfer money with MoneyGram?

MoneyGram has a simple fee structure. If you’re transferring under HKD$770, you’ll be charged a flat fee of $97 per transfer. Transferring HKD$5,000 will charge $313 and a HKD$10,000 amount will be charged $455 and so on. You can check out the different transfer fees charged depending on your money transferred on their site.

Minimum transfer amount and available countries

MoneyGram has a no minimum transfer amount, however the maximum amount will depend on the country you are sending too. Head to the MoneyGram website for more to check out different currency maximum limits.

Money transfers through MoneyGram are available in 197 countries, and the following currencies are supported:

  • AED
  • AUD
  • BND
  • CAD
  • CHF
  • CZK
  • DKK
  • EUR
  • FJD
  • HKD
  • HUF
  • IDR
  • ILS
  • INR
  • JPY
  • KRW
  • KWD
  • LKR
  • MAD
  • MGA
  • MXN
  • MYR
  • NOK
  • NZD
  • OMR
  • PEN
  • PGK
  • PHP
  • PKR
  • PLN
  • SAR
  • SBD
  • SCR
  • SEK
  • SGD
  • THB
  • TOP
  • TRY
  • TWD
  • USD
  • VND
  • VUV
  • WST
  • XOF
  • XPF
  • ZAR

What types of transfers can you carry out with MoneyGram?

MoneyGram allows a range of transfers, including:

  • Regular transfers. You can schedule these with MoneyGram in the event that you need to make regular transfers overseas. If you have fixed payments you can lock in an exchange rate upfront, otherwise your rate will vary as usual.

The MoneyGram registration and transfer process

To start making funds transfers with MoneyGram, you need to register for a free account on the MoneyGram website. The registration will require you to enter in a few details about yourself, including whether you’ll be making bank account to bank account transfers or cash transfers.

You’ll also need to enter in your name and details about where you live, as well as some basic information about the transfers you plan to make.

Once this is complete you’ll receive an email and a phone call from MoneyGram to finalise your registration.

Money transfers with MoneyGram

If you’re making a transfer, you can do so with cash in person at a MoneyGram Branch, or online.

Cash transfers

To conduct a cash transfer with MoneyGram you’ll need to find a MoneyGram agent, bring some identification, including a passport or driver’s licence, and then complete the money transfer form. You’ll then need to contact the recipient and give them the reference number.

Online transfers

Sending money to a bank account overseas with MoneyGram is also simple. All you need to do is log in to your account and specify the amount you’re transferring, and then accept the quote.

Then you’ll need to send MoneyGram the money, and they’ll send it to the recipient. Money is usually transferred to the recipient within one to two days of sending it to MoneyGram.

Pros and cons of using MoneyGram

Pros

  • Competitive exchange rates. As can be seen in the comparison above, MoneyGram has competitive exchange rates.
  • Powered by OFX. OFX is a trusted foreign exchange service with offices around the globe.
  • Large number of countries and currencies supported. MoneyGram allows you to send money to 197 countries in a large range of currencies.
  • No minimum transfer amount

Cons

  • Flat fee for transfers.If you’re transferring even a small amount you’ll still need to pay a fee.

How does MoneyGram compare to other providers?

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 10 1 - 2 days HKD 140.00 0.129 USD
1,272
以透明的匯率,低收費及低最低金額的網上服務作匯款。 Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
USD 5 1 - 2 days HKD 25.00 0.128 USD
1,274
可用15+種貨幣匯款,享有超越銀行的匯率以及快速轉賬時間。 Get bank-beating exchange rates and fast transfer times on 15+ popular currencies. Go to site Show details
SGD 1 1 day HKD 42.00 0.129 USD
1,285
你首兩次港幣$15,000或以下的匯款,手續費全免。Pay no fees on your first two transfers, up to HK$15,000.
象徵式收費以及中間價匯率,可匯款至高達30多個國家。 Transfer money to over 30 countries with nominal fees and the mid-market exchange rate.
Go to site Show details
USD 50 1 day HKD 35.00 0.129 USD
1,285
快捷又簡單的國際匯款服務,大部分匯款收取固定的0.5%手續費。部分貨幣更不設保證金率。 Quick and simple international money transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies. Go to site Show details
USD 1 1 day HKD 0.00 0.128 USD
1,285
非Finder客戶將獲得較昂貴的匯率。 Better exchange rates for Finder customers.
可用超過130種貨幣匯款。 Send money in more than 130 currencies.
Go to site Show details
USD 1 Within an hour HKD 20.00 0.128 USD
1,282
提供現金提取、銀行戶口之間轉賬與及Airtime匯款選擇的網上匯款服務,。 An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
USD 100 1 day HKD 0.00 0.128 USD
1,285
非Finder客戶將獲得較昂貴的匯率。 Better exchange rates for Finder customers.
可用45種貨幣匯款。 Send money in 45 currencies.
Go to site Show details
GBP 5,000 1 - 2 days HKD 0.00 0.128 USD
1,285
可匯款至20+個國家,無手續費。 Transfer money to 20+ countries with no transaction fees. Go to site Show details
USD 2,000 1 day HKD 0.00 0.128 USD
1,285
TorFX保證提供最佳的匯率。需受條款約束。TorFX guarantees to match any competitor's exchange rate.
以30種貨幣匯款到全球。登記後,將會有一個客戶經理提供支持和引導。Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

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