GBP 1
Min. Transfer Amount
GBP 7,600
Max. Transfer Amount
Within an hour
Transfer Speed
| Product Name | MoneyGram International Money Transfers |
|---|---|
| Min. Transfer Amount | GBP 1 |
| Max. Transfer Amount | GBP 7,600 |
| Transfer Methods | Online, Agent, Cash Transfer |
| Transfer Options | One off payments |
| Transfer Speed Minimum transfer time | Within an hour |
| Customer Service | Phone, Chat, Email, Branch |
| Available Currencies | AED, AFN, ANG, AOA, AUD, BAM, BDT, BGN, BHD, BIF, BMD, BND, BSD, BTN, BWP, BZD, CAD, CHF, CLP, CNY, COP, CVE, CZK, DJF, DKK, DOP, DZD, ERN, EUR, FJD, GBP, GIP, GMD, GNF, GTQ, GYD, HKD, HNL, HRK, HTG, HUF, IDR, INR, IQD, ISK, JMD, JOD, JPY, KES, KMF, KWD, KYD, LKR, LSL, MAD, MGA, MKD, MNT, MOP, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NOK, NPR, NZD, OMR, PGK, PHP, PKR, PLN, QAR, RON, RSD, RWF, SAR, SBD, SCR, SEK, SGD, SLL, STD, SZL, THB, TMT, TND, TOP, TRY, TTD, TZS, UGX, USD, UZS, VEF, VND, VUV, WST, XAF, XCD, XOF, XPF, YER, ZAR, ZMW |
| Online Transfer Fee | 3.00% |
|---|---|
| Exchange Rate Updates | Real time |
MoneyGram’s fees may vary between online and agent locations, but for online transfers the cost depends on:
Calculate how much sending money overseas would cost with MoneyGram by using our tool below. You can also check out the real-time exchange rate that MoneyGram offers and see if there are any additional fees.
Transfer speed will depend on the amount of fees you are comfortable paying and how quickly you need it to arrive.
Pay for your transfer with a credit or debit card. When using card, you’ll pay a higher fee but your money will arrive in as little as 10 minutes. However, your credit card may charge a cash advance fee, further increasing the cost of your total transfer.
Using a bank account to pay for your transfer is typically the cheapest way to send money, but is also almost always the slowest. For your first transfer through MoneyGram, you may have to verify your account, which can take four or more business days. After verification, your actual transfer may take an additional five business days.
After multiple legal cases, one in 2012 and another in 2016, MoneyGram has increased its fraud prevention protocols to keep customers safer. It does this by monitoring transactions, educating customers on the dangers of money transfer fraud and providing numerous resources to customers to report potential fraud.
Common consumer scams, according to MoneyGram, include:
Any fraud can be reported through MoneyGram’s website or to the Financial Conduct Authority.
More on money transfer scams and how to avoid them
Reviews accurate as of 10 April 2020.
| Trustpilot score | 1.5 out of 5, based on 85 customer reviews |
| CompareRemit | 1.5 out of 5, based on 82 customer reviews |
| BBB rating | A- |
| Monito | 4 out of 10, staff reviewed |
| NerdWallet | 3.5 out of 5, staff reviewed |
MoneyGram is a massive global company that has been in business since 1940. A lot of complaints online are about fees and exchange rates, often remarking on how the exchange rate was different from what was originally presented. Because of this it is crucial that you always review the transfer before clicking Send.
MoneyGram offers one of the widest ranges of ways to send money and ways for your receiver to get it. We’ll go through each of them and what the steps look like.
Online via MoneyGram’s website
MoneyGram allows you to send money online to destinations around the world. To do so, you’ll need to:
You can also set up the money transfer online, but pay with cash in-store. Make sure to bring valid ID and enough money to cover the transfer if you choose this option.
Another online option is using Facebook. Find the MoneyGram Sendbot on Facebook then follow prompts provided by the bot. You’ll need a Facebook account to send money this way.
In-person at a MoneyGram location
Agent locations are in almost every country in the world, so to take advantage of this network you’ll need to:
You’ll often be able to send a MoneyGram from your local Post Office, but it’s always best to verify with MoneyGram’s Find a Location tool before you head there.
Sending money with MoneyGram will require a few documents and pieces of information, including:
Find your authorisation or reference number on your receipt or in your email, if you placed an order online. To track, you can:
Yes, MoneyGram has an app on both Google Play and the App Store. The app makes it possible to:
| Reviews accurate as of 10 April 2020 | |
|---|---|
| Google Play Store | 4.5 out of 5, 23,036 customer reviews |
| Apple App Store | 4.8 out of 5, 72,002 customer reviews |
More on the best money transfer apps
When you need a money transfer sent fast, or to a remote destination, MoneyGram may be the choice for you. However, it is always a great idea to compare your options before making any transfer, as you never know how much fees and exchange rates may have recently changed. Even if MoneyGram was the best deal in the past, you may find that a competitor is now offering better rates to save you money.
When you log in to your account, any recent transactions you have completed will be displayed on your homepage and you’ll also see a link that lets you view all. If you haven’t made any transfers recently you will have to click on My Account and then Transaction History to view the relevant details.
When we checked, MoneyGram was offering the following rewards:
Note: Rewards may change without notice.
MoneyGram reviews all money transfers for compliance with know-your-customer (KYC) and anti–money laundering (AML) industry protocols, which involve knowing the identity of its customers, their financial activities and any risks they pose to MoneyGram’s business. MoneyGram typically reviews transfers within a day or less, and will contact you directly if there are any problems with your transfer.
Yes, if it hasn’t yet been picked up by your recipient. To cancel a transfer, log in to your account and view your transaction history. There is an option to cancel specific transfers on the Transaction Details page.
Check out the table below to see what your transfer could look like with other online money transfer services.
