Compare alternative services to MoneyGram

The best alternatives to MoneyGram when sending an international money transfer.

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The second-largest international money transfer service in the world, MoneyGram sends money to almost 200 countries and territories and has more than 350,000 agent locations worldwide. Sending money with MoneyGram is fast, easy and secure. You can even talk to an agent who can walk you through the process.


  • Global network of 350,000 agent locations in almost 200 countries.
  • Lots of transfer options for sending and receiving money.
  • Secure and reliable.
  • Fast transfers, with same-day service in many locations.


  • Maximum online transfer cap at $6,000.
  • Fees vary depending on payment type and transfer destination.
  • Transfers made only in US dollars from the US.
  • Exchange rates vary by transfer destination.

MoneyGram offers thousands of cash pick up locations, but it may cost a bit more than other online providers. Compare online providers to see if you can find a transfer service that offers transfers to multiple locations, but with potentially lower fees.

Go to Moneygram website

Alternative sites like MoneyGram

WorldRemit Logo

1. World Remit

WorldRemit and MoneyGram offer similar services with low transfer maximums and fees that depend on where and how much you’re sending. MoneyGram offers services to more locations around the globe, but World Remit offers more competitive exchange rates, potentially saving you money.


  • Easy site takes you from sign-up to transfer in minutes.
  • Offers bank-to-bank transfers, cash pickups and mobile top-ups.
  • Pay by bank account, credit card or debit card.
  • Moves your money to more than 140 countries around the globe.


  • Because fees are a percentage of your transaction, you’ll pay more for higher transfers.
  • Not available to residents of Louisiana or New York.
  • Requires government-issued ID after your first transfer.
Go to WorldRemit website
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XE Money Transfer Logo

2. XE Money Transfer

Transfer as much as you want with XE Money Transfer, compared to MoneyGram’s $6,000 limit. With more competitive exchange rates and no fees, XE could save you money — though you must sign up for XE to see the exact rate that applies to your transfer.

MoneyGram offers lots of ways to send your money abroad that include bank transfers, credit or debit card or cash pick. XE limits transfers to only bank-to-bank.

With transfers to more than 170 countries, it’s high transfer limits and no fees, XE is good for businesses.


  • Third-largest money transfer provider in the world, offering safety and security.
  • Competitive rates and no fees on your transfer, period.
  • No minimum or maximum transfer limits.


  • Turnaround can require up to three business days.
  • Exchange rates not available until you sign up for an account.
Go to XE Money Transfer website

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transferwise logo

3. TransferWise

Like MoneyGram, fees with TransferWise vary by transfer. But with exchange rates that follow mid-market rates, TransferWise could save you money. This peer-to-peer money transfer company allows individuals to send as much as $49,999 daily, and businesses up to $200,000 — significantly more than MoneyGram’s $6,000 daily limit.

But TransferWise has drawbacks. With only bank-to-bank transfers, you could wait up to five days for your transfers.


  • Easily sign up to start transferring money in minutes.
  • Transfer from $1 to $199,999 or more, depending on your account.
  • Get a strong mid-market exchange rate with no hidden fees.


  • Bank-to-bank transfers only, with no option for cash pickup.
  • Two-step process can result in up to five days’ turnaround.
  • Social Security number required.
Go to TransferWise website

western union logo

4. Western Union

One of the oldest transfer companies in the US, Western Union has more than 500,000 agent locations and a convenient cash pickup options. Like MoneyGram, fees will depend on where you’re sending money and how you make payments. With weak exchange rates often as high as 5% above the mid-market rate, you might want to shop around for a cheaper rate.


  • Trusted provider that’s been in the business since 1871.
  • Sends money for pickup in minutes at more than 500,000 agent locations.
  • Multiple transfer options by credit or debit card, bank account, cash pickup — even mobile minutes in some countries.


  • Weak exchange rates 5% more than the mid-market rate.
  • Expect to pay fees for each transfer.

Learn more

RIA Money Transfer Logo

5. Ria

In business for more than 30 years, Ria is a global monetary transfer network with more than 240,000 agent locations in 130 countries. Like MoneyGram you can transfer money in minutes with credit or debit cards, bank account or cash. Though the amount you pay in fees depend on how and where you make your transfer, you’ll pay less in fees the more you send.

With less than $3,000 daily maximum, you may want to consider MoneyGram for sending more money abroad.


  • Quick transfers, especially great for cash pickup.
  • Use a debit card, credit card or bank account to pay for your transfer.
  • With 240,000 agent locations in 130 countries, Ria is the third-largest provider of international money transfers worldwide.
  • Exchange rates are stronger than most US banks.


  • Maximum daily transfer limit of $3,000 may deter customers who need to transfer larger amounts.
  • Prepare to pay a transfer fee that varies depending on your transaction.
  • Ria does not offer forward contracts or limit orders.
Go to Ria website

Walmart Logo

6. Walmart

Known for its retailing business, Walmart partnered with MoneyGram to offer overseas money transfer to more than 190 countries. Funds can be picked up at any Walmart in the US or Puerto Rico or sent to any one of MoneyGram’s 336,000 agents around the world. But Walmart only allows cash transfers, while MoneyGram will let you transfer money using credit or debit cards and bank deposits.


  • Widespread network of agents gets your money where it needs to go.
  • Transfer to more than 190 countries.
  • Efficient transfers in as little as 10 minutes.


  • Cash pickups only
  • Rates and fees vary by destination.

Learn more

Sharemoney logo

7. Sharemoney

Sharemoney offers safe and speedy delivery and include cash pick up and door-to-door delivery. Like MoneyGram, Sharemoney charges fees that depend on each transfer, and charge a bit more than the mid-market exchange rate.

But Sharemoney limits its transfers to South America, Asia and the Caribbean — and is only available in 36 of the 50 US states.


  • Low transfer fees.
  • Exchange rate calculator helps you see just how much money you’ll get for your dollar.
  • Fast and easy service.
  • Door-to-door delivery in as short as 48 hours.
  • High-speed transfers in as little as 15 minutes.


  • Only available to 36 out of 50 states.
  • Transfers limited to South America, Asia and the Caribbean.
  • Low transfer limit not ideal for those making large transfers.
  • No live chat option available.

Learn more

travelex logo

8. Travelex

Like MoneyGram, Travelex is an international money transfer giant that offers quick, easy money transfers to more than 50 countries. Travelex charges a $5 flat fee for transactions less than $5,000 — compared to MoneyGram that charges a fee for every transaction.

But with Travelex’s minimum transfer of $500, MoneyGram might be a better choice for sending smaller transfers.


  • Flat fee of $5 for any transaction under $5,000 and no fee for larger amounts.
  • Competitive rates in more than 45 currencies — or it matches a better deal.
  • Schedule recurring payments, or lock in rates with forward contracts and limit orders.


  • No cash payments or pickups.
  • Transactions can take longer than other companies.
  • High $500 minimum transfer.

Learn more

torfx logo

9. TorFX

TorFX makes money transfers in more than 60 currencies in as little as a day. Unlink MoneyGram, TorFX doesn’t charge fees for exchanges and offers competitive exchange rates. But you can only make bank-to-bank transfers to other TorFX customers and can’t send less than $150 to take advantage of its services.


  • Competitive exchange rates up to 5% better than a banks.
  • Free market news for customers.
  • Fixed exchange rate protection.
  • No fees for transfers in more than 60 currencies.


  • Only allows bank-to-bank transfers.
  • No transfers less than $150.
  • Site doesn’t offer easy access to info.
Go to TorFX website

currencies direct logo

10. Currencies Direct

Currencies Direct is an international money transfer service that offers same-day transfers with no hidden fees. In fact, unlike MoneyGram, you won’t pay any fees for most transfers in more than 60 currencies. With transfers as low as $100 and no daily limit, Currencies Direct has a leg up on MoneyGram’s $6,000 limit.

Currencies Direct can be a strong contender with its market orders, forward contracts, rate alerts and other tools to make your transfers easier and more affordable.


  • No fees on most transfers.
  • Competitive exchange rates.
  • Low $100 minimum.
  • Worldwide service.


  • Does not support all currencies, but contact them if yours isn’t listed.
  • Bank-to-bank wire transfers only.
Go to Currencies Direct website

Xoom Logo

11. Xoom

Xoom is a leading provider in the digital money transfer market, offering transfers to 67 countries around the world — far less than MoneyGram. Xoom streamlines the money transfer process without taking chunks out of your funds for commissions. It uses the same fee structure as MoneyGram, with fees depending on transfer amounts, destination and payment method.

With a small $2,999 daily maximum, compared to MoneyGram’s $6,000, you may need to look elsewhere for larger transfers.


  • Send as little as $10 worldwide.
  • Money-back guarantee and 128-bit encryption.
  • Get help with transfers 24/7 online or by phone.


  • Transfer fees vary depending on methods, amount and destination.
  • Service network covers 67 countries only.
  • Low $2,999 maximum.

Learn More

Currency Online Logo

12. Currency Online

Currency Online has been making international transfers since 1986, and lead the industry with offering online transfers in 1997. It offers competitive rates by cutting the usual banking fees out of the picture. Currency Online offers transfers to far less countries than MoneyGram — and doesn’t offer services for those in the US or Japan.


  • Offers multiple services like spot contracts and market orders.
  • Quick turnaround in 1 to 4 days.
  • No minimum transfer amount.


  • No cash pickup
  • Not available in the US, Japan or some locations in Canada.

Learn more

Paypal Logo

13. Paypal

You likely know PalPal’s digital service for online purchases, but you may not know that it supports wireless overseas transfers. Like MoneyGram it offers transfers in up to 20 currencies to more than 200 countries and territories. But with transfer amounts from $1 to $10,000, PayPal has an advantage over MoneyGram to for higher transfers. PayPal offers competitive rates and a fee structure like MoneyGram’s. That means the more you transfer, the more you pay.


  • Send money in less than 5 minutes.
  • Available in more than 200 countries and territories.
  • Offers recurring payments.
  • Transfers from $1 to $10,000.
  • Multiple digital safeguards in place to protect against fraud and hacking.


  • The larger the transfer, the higher the fees.
  • Exchange rates start at 2.5%.

Learn more

Looking for services that offer agent locations.

The following services offer fast transfers in many locations:

Compare minimum and maximum transfer limits

ProviderMinimum transfer amountMaximum transfer amount
XE Money Transfer$0No limit
WorldRemit$0No limit
Travelex International Payments$500No limit
TorFX$200No limit
Currency Online$0No limit
Western Union$1$50,000.00

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