MoneyGram review: Find out more about the money transfer provider

Transfer funds to friends and family overseas within minutes when you send an international money transfer with MoneyGram.

MoneyGram logo MoneyGram is one of the largest providers of international money transfers in the world. With approximately 350,000 agent locations in 200 countries and territories, it connects tens of millions of customers around the world.

Best known for offering fast transfers for cash pickup by your recipient, MoneyGram offers transfers all over the world that are completed inside 10 minutes. MoneyGram also offers online international transfers for extra convenience, allowing you to send funds to friends and family whenever you need, as well as online transfers to your recipient’s overseas bank account.
With roots in Minneapolis, USA, dating back to 1940, today MoneyGram has annual revenues in excess of $1.4 billion. Its mission is to bring loved ones around the world closer together.

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  • Make the first THREE transfers for free using code AZ-FIND
  • Send money to bank accounts, phones or cash pick-up locations
  • Most transfers take less than a day
  • Send money to 195 countries in 60 different currencies
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GBP 3,000 1 day GBP 0.00 1.105 EUR
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MoneyGram’s exchange rates

MoneyGram’s exchange rates are updated regularly throughout the day in order to keep pace with fluctuations in global markets. The rates you receive vary depending on whether you send a cash-to-cash transfer, an online cash transfer or a bank account transfer. Its rates are usually better than those offered by major banks but generally not quite as good as those you may be able to find from a specialist online money transfer company.

MoneyGram offers a ‘Cost Estimator’ feature on its website to allow you to view the exchange rate that will apply to any potential transaction.


How much does it cost to transfer money with MoneyGram?

There are a range of factors that influence the cost of your MoneyGram transfer, including:

  • How much money you send
  • Where you are sending the money
  • Whether you are sending a same-currency transfer or whether you need the funds to be converted to another currency
  • Whether you send a cash-to-cash transfer, online cash transfer or bank account deposit

To better estimate the fees for your transfer, have a look at our MoneyGram Fees page.

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Maximum transfer amount and available countries

MoneyGram’s transfer limits vary depending on the transfer method you select. If sending cash from an agent location, the maximum amount you can send is £5,000. Online cash transfers and Send to Account transfers attract a maximum limit of £649.99.

Sending funds from a MoneyGram agent enables you to transfer money to 200 countries and territories around the world, while online cash transfers can also be sent to most of the same destinations. These include, but do not limit to:

  • Afghanistan (AFN)
  • Albania (ALL)
  • Algeria (DZD)
  • Argentina (ARS)
  • Australia (AUD)
  • Austria (EUR)
  • Bahrain (BHD)
  • Bangladesh (BDT)
  • Belarus (BYR)
  • Belgium (EUR)
  • Bermuda (BMD)
  • Bolivia (BOB)
  • Botswana (BWP)
  • Brazil (BRL)
  • Burundi (BIF)
  • Cambodia (KHR)
  • Canada (CAD)
  • China (CNY)
  • Colombia (COP)
  • Costa Rica (CRC)
  • Côte d’Ivoire (XOF)
  • Croatia (HRK)
  • Cyprus (EUR)
  • Czech Republic (CZK)
  • Denmark (DKK)
  • Dominican Republic (DOP)
  • Ecuador (USD)
  • Egypt (EGP)
  • El Salvador (USD)
  • Estonia (EUR)
  • Ethiopia (ETB)
  • Fiji (FJD)
  • Finland (EUR)
  • France (EUR)
  • French Polynesia (XPF)
  • Gambia (GMD)
  • Georgia (GEL)
  • Germany (EUR)
  • Greece (EUR)
  • Guatemala (GTQ)
  • Honduras (HNL)
  • Hong Kong (HKD)
  • Hungary (HUF)
  • Iceland (ISK)
  • Indonesia (IDR)
  • Iraq (IQD)
  • Ireland (EUR)
  • Israel (ILS)
  • Italy (EUR)
  • Japan (JPY)
  • Jordan (JOD)
  • Kenya (KES)
  • Kuwait (KWD)
  • Laos (LAK)
  • Latvia (LVL)
  • Lebanon (LBP)
  • Lesotho (LSL)
  • Liberia (LRD)
  • Lithuania (EUR)
  • Macedonia, FYR (MKD)
  • Madagascar (MGA)
  • Malaysia (MYR)
  • Maldives (MVR)
  • Malta (EUR)
  • Mauritius (MUR)
  • Mexico (MXN)
  • Moldova (MDL)
  • Mongolia (MNT)
  • Morocco (MAD)
  • Mozambique (MZN)
  • Nepal (NPR)
  • Netherlands (EUR)
  • New Caledonia (CFP)
  • New Zealand (NZD)
  • Nicaragua (NIO)
  • Nigeria (NGN)
  • Norway (NOK)
  • Oman (OMR)
  • Pakistan (PRK)
  • Papua New Guinea (PGK)
  • Peru (PEN)
  • Poland (PLN)
  • Portugal (EUR)
  • Puerto Rico (USD)
  • Qatar (QAR)
  • Russia (RUB)
  • Rwanda (RWF)
  • Samoa (WST)
  • Saudi Arabia (SAR)
  • Senegal (XOF)
  • Serbia (RSD)
  • Seychelles (SCR)
  • Sierra Leone (SLL)
  • Singapore (SGD)
  • Slovak Republic (EUR)
  • Slovenia (EUR)
  • South Africa (ZAR)
  • Spain (EUR)
  • Sri Lanka (LKR)
  • Sweden (SEK)
  • Switzerland (CHF)
  • Taiwan (TWD)
  • Tajikistan (TJS)
  • Tanzania (TZS)
  • Thailand (THB)
  • Timor-Leste (USD)
  • Togo (CFA)
  • Tonga (TOP)
  • Trinidad and Tobago (TTD)
  • Tunisia (TND)
  • Turkey (TRY)
  • Uganda (UGX)
  • Ukraine (EUR)
  • United Arab Emirates UAE (AED)
  • United Kingdom (GBP)
  • Uruguay (UYU)
  • USA (USD)
  • Vanuatu (VUV)
  • Venezuela (VEF)
  • Vietnam (VND)
  • Yemen (YER)
  • Zambia (ZMK)
  • Zimbabwe (USD)
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What types of transfers can you carry out with MoneyGram?

MoneyGram offers three types of one-off transfers:

  • Cash-to-cash transfers from an agent location that can be picked up from a MoneyGram branch
  • Online cash transfers, which allow your recipient to collect the cash from a MoneyGram Branch
  • Send to Account transfers, which allow you to deposit funds into your recipient’s overseas bank account online.

The main benefit of MoneyGram cash transfers is that the money is available for your recipient to collect quickly, often in as little as 10 minutes.

If you ever have any problems with a transaction or have a question you need answered, MoneyGram operates an extensive online help and FAQ centre. Phone and email customer support options are also offered.

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The registration and transfer process

The transfer process with MoneyGram varies depending on the transfer option you choose.

  • For cash-to-cash transfers: Visit your nearest MoneyGram location and remember to take along photo ID. Fill out a ‘Send Form’ and hand it to the agent along with the cash you wish to send and the amount to cover your transfer fee. The form requires you to enter details about how much money you’re sending and where. You’ll then be given a reference number which you can pass on to your recipient — he or she will need this to access the money at their nearest MoneyGram agent.
  • For online cash transfers: The first step is to sign up for an online transfer account, so you’ll need to provide your name, email address, phone number, date of birth and payment information. You’ll also need to provide proof of ID and may need to contact MoneyGram to prove your identity. Once your account is setup you can sign in and enter information about your receiver’s name, how much money you are sending and where it will be sent. When the transaction is processed you will be given a reference number to share with your recipient, who can then collect the money from their nearest agent.
  • For Send to Account transfers: You’ll need to follow the same steps if you wish to sign up for a MoneyGram online account, including providing your name, contact details, proof of ID and bank account information. You can then sign in to your account, enter your recipient’s name and bank account details and then send the funds.

Cash transfers are usually processed within minutes while Send to Account transfers can take one day or longer.

MoneyGram locations in London

We have put together a map with all the locations of MoneyGram Agents in London – find it here.

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What are the pros and cons of using MoneyGram?

Pros

  • Fast transfers. MoneyGram transfers can take place in as little as 10 minutes.
  • Transfer options. You can place transfers in person or online and your beneficiary can access the funds in cash or via a deposit into their bank account.
  • Cost Estimator. MoneyGram’s ‘Cost Estimator’ feature makes it quick and easy to determine how much your transaction will cost before you send your funds.
  • Worldwide access. MoneyGram’s 350,000 agents are spread across 200 countries and territories, giving you easy access to destinations all over the globe.

Cons

  • Fees apply. You’ll need to be willing to pay a transfer fee when you send money with MoneyGram, and some other transfer providers do offer cheaper transfers.
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What other products and services does MoneyGram offer?

  • Business solutions. In select markets around the world, MoneyGram also offers bill payment services, check processing and money order issuing to business customers.
  • Bill payment services. MoneyGram customers in the US and Canada can manage their rent, car loan and phone bill payments through MoneyGram.
  • MGiAlloy. Available in Tesco, this unique system combines a range of financial services (money transfers, bill payments, cheque cashing and prepaid top-ups) into one interface.

Frequently asked questions

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12 Responses

  1. Default Gravatar
    YeseniaDecember 13, 2018

    I need to know how to send money to India, today I tried to send money in another way it was impossible for the person not to receive the money the same day. I have to send money tomorrow to India. I live in England I will go to the money ground agency tomorrow to see if I can send transfer money to India so that he receives it fast.

    • Avatarfinder Customer Care
      JoshuaDecember 18, 2018Staff

      Hi Yesenia,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      I know how urgent your transaction is. Usually, Cash transfer only takes 1 day when you do it with MoneyGram. You may try getting in touch with them or simply visiting their agent location.

      Alternatively, you can go to this page to know how to send money to India fast, easy, and safe. There’s also a comparison table on that page that allows you to compare money transfer companies based on transfer speed, minimum transfer amount, and fees, to name a few. You can then click on the “Go to site” green button of your choice to learn more.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

  2. Default Gravatar
    georgieva.viktorya!gmail.comSeptember 24, 2018

    what is Money Gram using service “cash pickup”?

    • Avatarfinder Customer Care
      joelmarceloSeptember 27, 2018Staff

      Hi there,

      Thanks for leaving a question on finder.

      One of the most convenient ways to receive an international money transfer is by cash pickup. With a cash pickup, you can securely send funds to someone on the other side of the world without breaking the bank, and your money is available for your recipient to collect in person at an agent location — often within minutes. You can look up the nearest Money Gram branches if you go to their website and look for their “branch locator”. You only need to type in your address and Money Gram will automatically show branches nearest to you.

      Please send me a message if you need anything else. :)

      Cheers,
      Joel

  3. Default Gravatar
    BruceNovember 9, 2017

    Where is the Moneygram cost for comparison with the others

    • Avatarfinder Customer Care
      RenchNovember 10, 2017Staff

      Hi Bruce,

      Thanks for your inquiry.

      You may go to this page for MoneyGram fees information.

      Cheers,
      Rench

  4. Default Gravatar
    WaraJuly 7, 2017

    What is the maximum amount of
    Money I can receive in a period of 30
    Days ?

    • Default Gravatar
      mansMarch 14, 2018

      can you send money the next day to the same resiever and how much can u send

      • Avatarfinder Customer Care
        joelmarceloMarch 15, 2018Staff

        Hi Mandy,

        Thanks for leaving a question on finder.

        Cash transfers are usually processed within minutes while Send to Account transfers can take one day or longer. MoneyGram’s transfer limits vary depending on the transfer method you select. If sending cash from an agent location, the maximum amount you can send is £5,000. Online cash transfers and Send to Account transfers attract a maximum limit of £649.99.

        Cheers,
        Joel

    • Avatarfinder Customer Care
      AnndyJuly 23, 2017Staff

      Hi Wara,

      Thanks for your question.

      Generally, the limit is imposed on the sender and not the receiver. However, under the laws of some countries, there may be restrictions or limitations as to how much the recipient may receive.

      It would be best to directly contact the money transfer company in your home country to confirm if such restrictions exist.

      Cheers,
      Anndy

  5. Default Gravatar
    TreesFebruary 15, 2017

    How much money is allowed to send from Trinidad to United Kingdom

    • Avatarfinder Customer Care
      MillieMarch 2, 2017Staff

      Western Union are one of the few who transfer money from Trinidad to the UK. Be aware that due to Trinidad’s current economic situation they will not allow you to transfer large sums of money. Visit the Western Union page for more information.

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