8 MoneyGram alternatives (2026)

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MoneyGram isn’t your only option — its low maximum transfer cap and variable fees push many senders to look at alternatives like Wise, Xe and WorldRemit.
Bigger limits are out there, providers such as Xe, OFX and TransferMate advertise very high or no maximum transfer limits, which helps if you’re sending large amounts.
Watch the exchange rate, not just the fee, some services use the mid-market rate while others add a markup, so the cheapest option depends on how much and where you’re sending.
Match the service to how you pay and receive, options range from cash pickup to bank-to-bank only, so check payment methods and delivery before you commit.

This summary was generated by AI and may contain errors or omissions.

MoneyGram is one of the largest international money transfer services in the world with service to almost 200 countries and territories through more than 350,000 agent locations. But because of MoneyGram’s low maximum transfer cap and its varying fees, you may want to take your business elsewhere.

Use this list of alternatives to MoneyGram to see what other companies might bring you closer to your ideal transfer.

PROMOTED

Go to site

Read review

Unlike MoneyGram and its maximum limits, Xe allows you to transfer as much as you want. Xe also has competitive exchange rates, low fees and service to more than 170 countries worldwide.

Pros

Competitive exchange rates with low fees

Max transfer is $500,000 per transaction

Create currency pair alerts
Cons

Doesn't accept cash or card payments

Exchange rates not displayed until you sign up for an account

Turnaround time can take up to 4 business days

Pay By	Credit card, Debit card, Bank transfer, Wire transfer
Receiving Options	Cash pickup location, Bank account
Available Currencies	AED, ALL, AMD, ARS, AUD, AZN, BAM, BBD, BDT, BGN, BHD, BND, BOB, BSD, BTN, BWP, CAD, CHF, CLP, COP, CRC, CVE, CZK, DJF, DKK, DOP, DZD, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HNL, HRK, HUF, IDR, ILS, INR, JMD, JOD, JPY, KES, KRW, KWD, KZT, LKR, LSL, MAD, MGA, MKD, MUR, MWK, MXN, MYR, MZN, NAD, NOK, NPR, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SBD, SEK, SGD, SRD, THB, TJS, TND, TOP, TRY, TTD, TWD, TZS, UGX, VND, VUV, WST, XCD, XPF, ZAR

Go to site

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PROMOTED

WorldRemit

Read review

WorldRemit's global coverage isn't as extensive as MoneyGram's, but its exchange rates are typically more competitive. Both companies offer low transfer maximums and fees that depend on where and how much you're sending.

Pros

Bank-to-bank transfers, cash pickups and mobile top-ups available

Pay by bank account, debit or credit card

Transparent fees and exchange rates
Cons

Small daily maximum transfer amount of $9,000

Requires a government-issued ID

Inconsistent markups of 1% to 4% on the mid-market rate

Pay By	Credit card, Debit card, Bank transfer, Apple Pay
Receiving Options	Cash pickup location, Bank account, Mobile wallet, Home delivery, Prepaid phone credit
Available Currencies	AED, ALL, ARS, AUD, BDT, BIF, BOB, BRL, BWP, CAD, CLP, CNY, COP, CRC, CVE, DOP, EGP, ETB, FJD, GBP, GHS, GMD, GNF, GTQ, HNL, IDR, INR, JMD, KES, KHR, LAK, LKR, MAD, MGA, MWK, MXN, MYR, MZN, NGN, NPR, NZD, PEN, PHP, PKR, PYG, RWF, SGD, SRD, THB, TND, TRY, TZS, UGX, USD, UYU, VND, XAF, XCD, XOF, ZAR, ZMW, SLE

Read review

PROMOTED

Wise (TransferWise)

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Read review

Wise uses mid-market exchange rates and has a sliding fee schedule that depends on the amount you are sending. It offers significantly higher sending limits than MoneyGram.

Pros

Guaranteed better exchange rates than most competitors

Easy to sign up and transfer money within minutes

High maximum transfer limits and daily caps
Cons

Sliding fee schedule, the more you send, the higher the fee

Social Security number (SSN) required to send from the US

Bank-to-bank transfers only

Pay By	Credit card, Debit card, Bank transfer, SWIFT, Wire transfer, iDeal, Trustly, SOFORT, POLi, Educational transfers from BRL, PayPal
Receiving Options	Bank account, Alipay (China only), Amazon, Stripe, Upwork, Etsy, GOAT
Available Currencies	AED, ALL, AMD, ANG, AOA, ARS, AUD, AWG, AZN, BAM, BBD, BDT, BGN, BHD, BMD, BND, BOB, BRL, BSD, BTN, BWP, BYN, BZD, CAD, CHF, CLP, CNY, COP, CRC, CVE, CZK, DJF, DKK, DOP, DZD, EGP, ETB, EUR, FJD, FKP, GBP, GEL, GGP, GHS, GIP, GMD, GNF, GTQ, GYD, HKD, HNL, HRK, HTG, HUF, IDR, ILS, IMP, INR, ISK, JEP, JMD, JOD, JPY, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, MAD, MDL, MGA, MKD, MMK, MNT, MOP, MRU, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SEK, SGD, SHP, SLL, SRD, SVC, SZL, THB, TJS, TMT, TND, TOP, TRY, TTD, TWD, TZS, UAH, UGX, USD, UYU, UZS, VND, VUV, WST, XAF, XCD, XOF, XPF, ZAR, ZMW

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PROMOTED

CurrencyTransfer

Go to site

Although CurrencyTransfer has a smaller network than MoneyGram, its best-price guarantee and lack of transfer fees make it a solid alternative for the markets both companies serve.

Pros

Typically offers stronger exchange rates than MoneyGram

No fees for money transfers, no matter the amount

Users can send to multiple recipients after locking in a guaranteed rate
Cons

Limited sending and receiving options

Almost always restricted to bank-to-bank transfers

Proof of ID may be required before transferring

Can only send and receive on business days

Pay By	Bank transfer
Receiving Options	Bank account
Available Currencies	AED, AUD, BGN, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, MUR, MXN, NOK, NZD, PLN, QAR, RON, SAR, SEK, SGD, THB, TRY, USD, ZAR

Go to site

PROMOTED

Instarem

Go to site

Instarem offers the mid-market exchange rate on some currencies at certain times, but isn't transparent about what these are. You can often find promo codes to get money off your first transfer.

Pros

Transparent fees

Same-day transfers for most supported currencies

Loyalty points system that can be redeemed against transactions

Send to over a dozen Filipino e-wallets
Cons

Transfers must be sent to a bank account outside of Philippines

Fewer supported currencies than many competitors

Pay By	Credit card, Debit card, Bank transfer, Wire transfer, ACH/Direct Debit
Receiving Options	Cash pickup location, Bank account, Mobile wallet, Alipay (China only)
Available Currencies	AUD, EUR, GBP, HKD, INR, MYR, SGD, USD

Go to site

PROMOTED

OFX

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Read review

OFX has no maximum limit, which makes it a good option when sending large amounts at once.

Pros

No maximum transfer limit

Hedging options such as forward contracts and limit orders

Special product for business transfers
Cons

Must transfer to and pay with a bank account

High minimum transfer amount of $1,000

No cash pickup options

Pay By	Bank transfer
Receiving Options	Bank account
Available Currencies	AUD, AZN, BGN, BHD, BND, CAD, DKK, EGP, EUR, FJD, GBP, HKD, HUF, IDR, ILS, INR, KRW, KWD, LKR, MAD, MGA, MYR, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, SAR, SBD, SCR, SEK, SGD, THB, TOP, TRY, TWD, TZS, USD, VND, VUV, WST, XOF, XPF

Go to site

Read review

PROMOTED

PayPal

Read review

In addition to providing payment support for online purchases, PayPal also offers overseas transfers to more than 200 countries and territories. PayPal is similar to digital banking services in rates, though, making it better to use only in specific situations.

Pros

Clear transfer fees starting from $0.99

Combine business and personal transfer services with your PayPal account
Cons

Fees increase with amount transferred

Credit card fees incur additional fees

Recipient needs a PayPal account

Fixed exchange rate at 2.5% above mid-market is higher than most on this list

Pay By	Credit card, Debit card, Bank transfer
Receiving Options	Bank account, Mobile wallet
Available Currencies	AUD, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, MXN, MYR, NOK, NZD, PHP, PLN, RUB, SEK, SGD, THB, TWD, USD

Read review

TransferMate

TransferMate also has a large range of currencies you can send to. Although it typically focuses on business transfers, it allows personal transfers for orders over $1,000.

Pros

No maximum sending limit

Same-day transfers available through the SWIFT network, sometimes as short as 10 minutes

Small margin added on to the mid-market rate for transfers
Cons

Flat $10 fee for transactions under $1,000

Must pay for transfer through wire transfer or ACH, cannot use debit or credit card

Pay By	Bank transfer
Receiving Options	Bank account, Prepaid phone credit
Available Currencies	AED, AFN, ALL, AMD, ANG, AOA, ARS, AUD, AWG, AZN, BAM, BBD, BDT, BGN, BHD, BMD, BND, BOB, BRL, BSD, BWP, BZD, CAD, CDF, CHF, CLP, CNY, COP, CRC, CUP, CVE, CZK, DJF, DKK, DOP, DZD, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, GYD, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, IRR, ISK, JMD, JOD, JPY, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, LYD, MAD, MDL, MGA, MKD, MMK, MNT, MOP, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SDG, SEK, SGD, SHP, SLL, SOS, SRD, SVC, SZL, THB, TND, TOP, TRY, TTD, TWD, TZS, UAH, UGX, USD, UYU, UZS, VEF, VND, VUV, WST, XAF, XCD, XOF, XPF, YER, ZAR, ZMW, STD, MRO

Still looking for other options?

Our table lets you compare the services you can use to send money abroad. Compare services on transfer speeds and fees, then click Go to site when you're ready to send.

Alternatively, learn more about MoneyGram in our review.

{"niche":"USFMT"}

20 of 21 results

Filter Values	Fees (Pay by Bank Transfer)
OFX	24 hours	$0	OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.	Go to site View details	loading
Instarem	24 hours	From 0%	New Instarem customers will get a special FX rate and zero-fees on their first transfer. Instarem offers offers rewards on every transaction.	Go to site View details	loading
Wise (TransferWise)	Within minutes	From 0.41%	Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.	Go to site View details	loading
Remitly	Within minutes	From $0	Special offers like free transfers and better exchange rates available for new customers. Remitly has quick, affordable transfers around the world, with both express and economy options.	Go to site View details	loading
Revolut	Within minutes	From $0	Join Revolut and get $20. Make your first virtual or physical Revolut card payment to receive $20 credited to your Revolut account. T&Cs apply.	Revolut offers competitive international exchange rates for transfers to 140+ countries in 25+ currencies. Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.	Go to site View details	loading
MoneyGram	Within minutes	From $0	MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.	Go to site View details	loading
Western Union	Within minutes	From $0	Enjoy $0 fee on your first online transfer. Western Union makes money from currency exchange. Not valid on credit cards or sends to Cuba. Western Union sends money online to friends and family in 200+ countries and territories around the world.	Go to site View details	loading
HSBC Global Money	Within minutes	0	The Global Money account allows you to manage up to eight currencies from one account through a mobile app. You must have an HSBC account.	Go to site View details	loading
Airwallex	Within minutes	$0	After spending $15k in your first 90 days, receive a one-time $500 bonus that will automatically be credited to your account on any FX conversion. Airwallex can help you make business payments to 150+ countries in 60+ currencies.	Go to site View details	loading
OFX International Money Transfers (Business)	24 hours	$0	Business customers: Send safe, no-limit transfers with no fees and competitive exchange rates.	Go to site View details	loading
CurrencyTransfer for Business	24 hours	$0	Increase business efficiency with zero transaction fees and same-day transfers.	Go to site View details	loading
Revolut	Within minutes	From $0	Revolut offers competitive international exchange rates for transfers to 140+ countries in 25+ currencies. Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.	Go to site View details	loading
Xe Money Transfer for Business	24 hours	$0	Save your time and money with Xe Money Transfer for business.	Go to site View details	loading
Currencies Direct (business)	24 hours	$0	Minimizes costs of international transactions and offers custom solutions for business clients. Currencies Direct may call you to confirm your transfer, so be prepared for a phone call shortly after initiating a transfer.	Go to site View details	loading
Lili	24 hours	From $15	Get 30 days free plus 40% off for 3 months. Send and receive U.S. dollars wire transfers in 25+ countries, including Canada, the UK, Australia, and more. This feature is available for all business customers (not SSN or DBA customers) regardless of the account plan.	Go to site View details	loading
OFX	24 hours	$0	OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.	Go to site View details	loading
CurrencyTransfer	24 hours	$0	CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.	Go to site View details	loading
Remitly	Within minutes	From $0	Special offers like free transfers and better exchange rates available for new customers. Remitly has quick, affordable transfers around the world, with both express and economy options.	Go to site View details	loading
Revolut	Within minutes	From $0	Join Revolut and get $20. Make your first virtual or physical Revolut card payment to receive $20 credited to your Revolut account. T&Cs apply.	Revolut offers competitive international exchange rates for transfers to 140+ countries in 25+ currencies. Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.	Go to site View details	loading
Xe	Within minutes	$3	Xe has fast transfers with low fees and a range of foreign currency tools.	Go to site View details	loading

Showing 20 of 21 results

Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.

{"niche":"USFMT"}

Filter Values	Fees (Pay by Bank Transfer)
OFX International Money Transfers (Business)	24 hours	$0	Business customers: Send safe, no-limit transfers with no fees and competitive exchange rates.	Go to site View details	loading
Xe	Within minutes	From $0	Xe has fast transfers with low fees and a range of foreign currency tools.	Go to site View details	loading
MoneyGram	Within minutes	From $0	MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.	Go to site View details	loading
Remitly	Within minutes	From $0	Remitly has quick, affordable transfers around the world, with both express and economy options.	Go to site View details	loading
WorldRemit - 4free	Within minutes	From $0.99	Use promo code 3FREE and pay no fees on your first 3 transfers. Conditions apply. WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.	View details	loading
OFX	24 hours	$0	OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.	Go to site View details	loading
PayPal (business)	Within minutes	$0	Provides business solutions for small business owners in over 24 currencies worldwide. Try 3 months free of Spotify Premium when you sign up with PayPal.	View details	loading
Revolut	Within minutes	From $0	Join Revolut and get $20. Make your first virtual or physical Revolut card payment to receive $20 credited to your Revolut account. T&Cs apply.	Revolut offers competitive international exchange rates for transfers to 140+ countries in 25+ currencies. Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.	Go to site View details	loading
Wise (TransferWise)	Within minutes	From 0.41%	Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.	Go to site View details	loading
Wise (TransferWise)	Within minutes	From 0.41%	Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.	Go to site View details	loading
WorldRemit	Within minutes	From $0.99	Use promo code 3FREE and pay no fees on your first 3 transfers. Conditions apply. WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.	View details	loading
CurrencyFair	24 hours	€3	CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.	View details	loading
Revolut	Within minutes	From $0	Join Revolut and get $20. Make your first virtual or physical Revolut card payment to receive $20 credited to your Revolut account. T&Cs apply.	Revolut offers competitive international exchange rates for transfers to 140+ countries in 25+ currencies. Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.	Go to site View details	loading
OFX	24 hours	$0	OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.	Go to site View details	loading
CurrencyFair	24 hours	€3	CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.	View details	loading
Remitly	Within minutes	From $0	Special offers like free transfers and better exchange rates available for new customers. Remitly has quick, affordable transfers around the world, with both express and economy options.	Go to site View details	loading
Remitly	Within minutes	From $0	Special offers like free transfers and better exchange rates available for new customers. Remitly has quick, affordable transfers around the world, with both express and economy options.	Go to site View details	loading
Remitly	Within minutes	From $0	Special offers like free transfers and better exchange rates available for new customers. Remitly has quick, affordable transfers around the world, with both express and economy options.	Go to site View details	loading
PayPal	Within minutes	From $0	Use PayPal to safely send money and receive payments from around the world in over 25 currencies with just an email address or mobile number. Try 3 months free of Spotify Premium when you sign up with PayPal.	View details	loading
Xe	Within minutes	$3	Xe has fast transfers with low fees and a range of foreign currency tools.	Go to site View details	loading

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Zak Killermann was a technical publisher at Finder who specialized in currencies and investing. Zak’s expertise was in breaking down technical finance concepts into approachable, digestible nuggets of information. See full bio

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Check out our handpicked list of MoneyGram alternatives to best customize your transfer.