Quick Answer: How Much Does MoneyGram Charge To Send $500?

What is the minimum amount to send through MoneyGram?

MoneyGram has flexible payment options and more than 350,000 agent locations around the world, but that convenience comes at a cost — unfavorable exchange rates and transfer fees….Details.Product NameMoneyGram International Money TransfersMin.

Transfer Amount$1Max.

Transfer Amount$10,0004 more rows•Oct 13, 2020.

What is the exchange rate for MoneyGram?

With no back-end charges, exchange rates are fixed at the time of transfer and payment is made in the local currency. The Global Card – a unique loyalty card – is offered free to all send transaction customers, offering a 5% discount on all charges….Terms and Conditions:CodeUSDTransfer3.68FC Buy3.66FC Sell3.699 more columns

How much does MoneyGram charge to send $200?

MoneyGram charges $1.99 if no debit or credit card is used. Xoom charges $5.99 for transactions up to $999, and $9.99 for transactions over that amount.

Can you get scammed with MoneyGram?

Criminals have been able to get individuals to wire funds to them for years. It is an old scam that still works. … If you have been the victim of wire fraud through MoneyGram, you may be entitled to a refund—go to ftc.gov/MoneyGram to get more information on the refund process.

What information do I need to send MoneyGram?

How to send moneyFor all sends: Your I.D. where applicable. Your recipient’s full name matching their I.D. and their location. … If sending to a bank account, you also need your recipient’s bank name and account number.If sending to a mobile wallet, you also need your recipient’s mobile number with international dial code.

What is the cheapest way to send someone money?

If you want to transfer cash, Walmart is cheaper than traditional money transfer companies, such as Western Union and MoneyGram. You can send to one of the thousands of U.S. Walmart stores, where a recipient can pick up the money within minutes. The maximum you can send is $2,500, and costs can reach up to $16.

How can I avoid Western Union fees?

You can avoid these fees by using a debit card. * Western Union also makes money from currency exchange. When choosing a money transmitter, carefully compare both transfer fees and exchange rates. Fees, foreign exchange rates, and taxes may vary by brand, channel, and location based on a number of factors.

How much does MoneyGram charge to send $1000?

MoneyGram also offers different sending and receiving methods. For a transfer from a bank account or a credit or debit card to a cash pickup location within the U.S. the fee is $49.99 for $1,000.

Can I send MoneyGram over the phone?

Send money from anywhere, to anywhere Provide your receiver’s mobile number (with international dial code). Choose the receive option when presented on the screen and enter the amount you wish to send. You can pay with your debit card or with your credit card.

What is the maximum amount to send via Western Union?

How much money can I send with Western Union?ServiceLimit per transferIn Minutes, Three Day, and WU® Pay$2,999Next Day$500Mobile Money Transfer$500Bill Payments/Quick Collect$2,500 per 7 days to a biller (certain states have a limit of $400 only)2 more rows•Nov 23, 2020

How much does it cost to send a MoneyGram at CVS?

Use MoneyGram® ExpressPayment® service to send money to Life Wireless at approximately 40,000 MoneyGram agent locations nationwide including Walmart and CVS/pharmacy. MoneyGram charges a fee of just $2.99 for this service. Click here to find the MoneyGram agent nearest you, or call 1-800-MONEYGRAM.

Is MoneyGram better than Western Union?

Our recommendation: Western Union is a better deal. Western Union is one of the world’s most recognized and largest worldwide money transfer companies in the industry best known for their cash pay-in and payout options. … MoneyGram is the second-largest money transfer company (Western Union has the number one spot).

How much is MoneyGram fee at Walmart?

No matter where you are in the US and where you’re sending money to, you’ll pay the same low fees every time: $4 fee for transfers up to $50, $8 fee for transfers of $51 to $1,000 and $16 fee for transfers of $1,001 to $2,500.

How much is it to send 1000 dollars Western Union?

Here’s a comparison of what the costs will be to send USD 1000 to CAD, using both TransferWise and Western Union….TransferWise vs Western Union: A comparison.Fee*Western UnionTransferWiseSending fee$19.99$8.45Exchange rateMarkup on the mid-market rateReal mid-market rate1 more row•Oct 4, 2018

Which is cheaper between MoneyGram and Western Union?

We found that MoneyGram tends to be slightly cheaper and offer on-average faster transfer speeds than Western Union, but your experience may vary depending on your specific transfer. Because there are so many variables you’ll want to compare Western Union and MoneyGram against one another to see which is best for you.

Does Walgreens do Money Grams?

At Walgreens, you can send a money transfer of up to $6,000 and receive up to $300 per transaction. Compare those limits to a similar service, MoneyGram, which offers online money transfers at a limit of nearly $10,000 per month.

How much does it cost to Western Union $500?

The transfer takes less than 10 minutes. The fee is $4.50 to transfer up to $50 and $9.50 to send up to $900. Western Union, in comparison, charges $5 for a money transfer of up to $50, but a transfer of $900 could cost $76. There are a number of price points in between, dependent on the amount of money to transfer.

How long does it take MoneyGram to send money?

10 minutesThe money is typically ready for pick up in as little as 10 minutes after the transfer is submitted subject to agent operating hours, and compliance with regulatory requirements. Available in all countries. Account Deposit: You can send money directly to your receiver’s bank account.