MoneyGram Fees: How Much Does It Cost To Send Money?

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MoneyGram is a global money transfer and financial service headquartered in Dallas. It offers convenient domestic and international money transfer services online, via its mobile app and at over 430,000 physical locations. But how much does MoneyGram charge to send money? Read on to learn more about MoneyGram’s services and get a detailed breakdown of current MoneyGram transfer fees.

MoneyGram Services

MoneyGram offers a wide selection of money transfer services, including:

In most countries, the online money transfer limit is $10,000 per transfer and $10,000 within a 30-day period. In the U.S., the limit is up to $25,000 per online transfer when sending to certain countries. Transfer limits vary based on local laws, market trends and other factors. If you attempt to send an amount that exceeds the current limit, you’ll receive a limit error.

MoneyGram Fees

MoneyGram transfer fees vary based on the following factors:

To get a transfer fee estimate, use the fee estimator on the homepage of the MoneyGram website. Keep in mind that in addition to the fees charged by MoneyGram and shown in the fee estimator tool, your credit card company may charge additional fees if you pay by credit card. Transfer fees and currency exchange rates fluctuate, so the estimates discussed below are subject to change.

Transfer Fees in the US

The table below shows estimated fees for different payment amounts and methods for money transferred within the U.S.

Transfer Amount Method of Receipt Fee for Debit Payment Fee for Credit Payment
$500 Bank account $8.99 $20.49
$500 Debit card deposit $10.99 Not available
$500 Cash pickup $68.99 $83.49
$1,000 Bank account $16.99 $32.99
$1,000 Debit card deposit Not available Not available
$1,000 Cash pickup $113.99 $140.99
$5,000 Bank account $59.99 $127.99
$5,000 Debit card deposit Not available Not available
$5,000 Cash pickup $208.99 $335.99

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International Transfer Fees

International transfers incur transfer fees, and a currency exchange rate may apply. While the transfer fees for international transfers are low, be aware that MoneyGram also makes money on the currency exchange by adding a margin to the exchange rate.

The table below shows estimated fees and the exchange rate for international $1,000 money transfers originating in the U.S. and paid by debit card directly to a bank account. Sending payment by credit card or picking up in cash results in higher transfer fees.

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