The fast & trusted way to send money
The fast & trusted way to send money
- Transparent fees and no margin on the exchange rate
- Multiple payment options
- Rated excellent on Trustpilot
How much are MoneyGram’s fees?
We break down the fees you can expect to pay when sending money abroad from the UK with MoneyGram.
Well known for its cash pickup services, MoneyGram offers international money transfers as a convenient way to send money abroad from the UK. In this guide to MoneyGram fees, we’ll see how it compares with other providers.
MoneyGram international money transfer fees
MoneyGram‘s fees and exchange rates may vary between online and agent locations, but for online transfers we can offer some insights.
When we checked online on 11 March 2021, it was free to send money from the UK to an overseas bank account, if this was available as an option. For cash pickup it was £1.99 to send £100 or less and £3.99 to send anything over that amount.
| Payment option | £1,000 | £250 | £100 |
|---|---|---|---|
| Debit / credit card to bank (if available*) | £0 | £0 | £0 |
| Debit / credit card to cash pickup | £3.99 | £3.99 | £1.99 |
* Transfers to bank accounts aren’t available in countries including Argentina, Australia, Canada, Hong Kong, Israel, Japan, New Zealand, Nigeria and the US.
How can I avoid paying MoneyGram fees?
Test a few different payment methods and amounts for your transfer to see if you can save money. For instance, sending money straight to the recipient’s bank is usually free. As we’ve mentioned above, though, transfers to banks aren’t available in some countries, only cash pickup.
Also bear in mind that there’s a hidden fee, in the form of a margin that MoneyGram adds on top of the mid-market exchange rate. The size of this margin varies depending on the currency you want to transfer.
For example, if you want to send money to New Zealand from the UK, MoneyGram adds a margin of 3.1%:
- Mid-market rate: 1 GBP = 1.93 NZD
- MoneyGram rate: 1 GBP = 1.87 NZD
While to send money to Germany, MoneyGram adds a margin of 2.5%:
- Mid-market rate: 1 GBP = 1.17 EUR
- MoneyGram rate: 1 GBP = 1.14 EUR
How safe is MoneyGram for international money transfers?
How much can I send with MoneyGram from the UK?
When sending online with MoneyGram, your transfer is limited to £7,600 per transaction. The monthly sending limit is also £7,600. If you need to send more than that, though, you can do so in-person from a MoneyGram agent location.
Compare MoneyGram with other international money transfer services
Table: sorted by promoted deals first
Our table below lets you compare services you can use to send money abroad. Compare fees, exchange rates and discounts from different money transfer services, and when you have made your choice, click Go to site.
1 - 20 of 20
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Want to compare MoneyGram with other services side-by-side?
- MoneyGram vs Western Union vs Paypal
- Western Union vs. MoneyGram
- Moneygram vs OFX
Find out more about how to make an international money transfer from the UK
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Ask an Expert
How much it will cost me to send 900 pounds to Macedonia?
Hi Sasho,
Thanks for your inquiry. Please be advised that when you transfer or send money to a different currency, the current exchange rate applies. So, I could not provide you exactly how much the amount to be received in pounds using MoneyGram.
When you send 900 pounds from the UK to Macedonia, the amount received in Macedonia as of today is 948.99 Euros. Note that cash pick up is the only method of receiving payment in Macedonia via MoneyGram therefore, the cost is 46 Euros. The total cost with transfer fee is 946 GBP.
Hope this helps!
Best,
Nikki
My daughter needs to cash USD pay checks whilst working in US and send cash back to her UK bank account what is the best way to do this
Hi Sue,
Thanks for your inquiry.
While we’re unable to give a specific option on sending the cash to your daughters UK bank account, you may check this page and look for the topic “Options for sending money to the UK from the US” to see different methods in sending cash in UK.
I hope this helps.
Kind regards,
Bella
How much will it cost me to send money from Kenya to the United states
Hi Carol,
Thanks for your inquiry.
MoneyGram fees vary based on the send and receive countries and the amount sent.
I hope this helps.
Kind regards,
Bella
Will money be taken out of my bank account if a transfer fee is not paid?
Hi Alvin,
Thanks for getting in touch with finder. I hope all is well with you. :)
The answer to your question is it depends. If you use your bank account to pay for the transfer fee, then it will be taken out of your bank account. The fee would be deducted from your nominated account.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua
My friend needs to send me 1000 South African Rand to the UK, how much will we receive in Pounds?
Hello Tebbi,
Thank you for your comment.
Please be advised that when you transfer or send money to a different currency, the current exchange rate applies. So, I could not provide you exactly how much the amount to be received in pounds with MoneyGram.
You are advised to visit MoneyGram’s website and check their current exchange rate, as the rate actually changes daily.
Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.
Regards,
Jhezelyn