What Are the Rates and Fees for MoneyGram?

What Are the Rates and Fees for MoneyGram?

Rates and fees for MoneyGram vary depending on the country where the customer is sending funds, the transfer amount and the exchange rate. Same-day transfer fees start at $15 to $20 for express same-day transfers and $8 to $10 for regular economy transfers as of 2015.

Fees for larger transfer amounts can range from 7 percent to 10 percent of the amount if the customer is paying in person. Online transfer fees range from 1.5 percent to 3 percent, depending on the destination country. When converting to a different currency, the rate is generally slightly more expensive than market rate; MoneyGram keeps the difference as a fee in addition to the transfer fees.