Written and analysed by Smarter Loans Editorial Team
· Reviewed by Vlad Sherbatov · Facts checked 21 August 2026
A global money transfer service with cash pickup, bank deposit and mobile wallet payout across most countries, available online and through agent locations.
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Our verdict
Best for
People sending to countries where cash pickup matters, or where the recipient has no bank account
Not for
Anyone sending large amounts to a bank account, where the exchange margin makes cheaper options available
What we like
- Very wide payout network including cash pickup
- Minutes to cash pickup in many corridors
- Agent locations for senders who prefer to pay in person
Where it could improve
- The exchange rate margin is where the cost sits, and it is not always shown clearly alongside the fee
- Cost varies substantially by corridor and payout method
Products
One block per product, each with its own numbers. Never blended into a single range.
International Money Transfer
Money transfer
Payout methods
Bank account, mobile wallet, cash pickup or debit card
Good to know: MoneyGram publishes no fixed transfer fee or exchange margin — both are quoted per transfer and depend on the destination, the amount and how you pay. Transfers reach more than 200 countries, with cash pickup available in person through agent locations such as Money Mart.
Company details
Legal name
MoneyGram International
Parent
Privately held following acquisition
Regulator
FINTRAC registered money services business
Founded
1940
Hq
Dallas, Texas, with Canadian operations
