MoneyGram moves money from the US to 200+ countries and territories, paid out as cash pickup, a bank deposit, a debit card credit or a digital wallet top-up.
There's no fixed fee table: what a transfer costs depends on the amount, how you pay and how it's delivered, so the quote screen is where any saving shows up.
MoneyGram traces its roots to Travelers Express Company, founded in Minneapolis in 1940, and moved its global headquarters to Dallas, Texas, in 2010. It launched an online transfer and bill pay platform in 2015, released its US mobile app in 2018, and was acquired by Madison Dearborn Partners in 2023.
Beyond sending money abroad, the US site offers bill payments, mobile phone top-ups, money orders and a currency converter, and transfers can be tracked from start to finish. The company is registered with FinCEN as a Money Services Business and licensed as a money transmitter in New York. It has also moved into stablecoins and blockchain, including a blockchain tie-up with the Stellar Development Foundation, and runs an on/off-ramp service that links cash with digital wallets.
When shoppers look for MoneyGram coupons
MoneyGram coupon searches peak in December, about 1.4× a typical month, and dip lowest in June.
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US Google searches, Sep 2025 to Aug 2026. Search interest, not sales.
MoneyGram shipping, returns and perks
What it does
International transfers from the US to 200+ countries and territories, sent online, in the app or at an agent location.
Fees
No set price list; fees and exchange rates shift with amount, payment type, delivery method and pickup spot, and MoneyGram also earns on the currency exchange.
Referrals
Inviting friends earns savings on transfers; the reward amount isn't printed on the pages read.
Licensing
A licensed money transmitter with the New York State Department of Financial Services, registered with FinCEN as a Money Services Business.
History
Started as Travelers Express Company in Minneapolis, with over 85 years in business.
The MoneyGram pages read for this page don't show a promo box on the send-money flow, so look for one on the review step before you pay.
Any discount would come off the transfer fee, and the exchange rate is a separate cost that MoneyGram also earns from.
Run the quote twice if you can: once with a bank-account payout and once with cash pickup, since delivery method changes the fee.
Refund and cancellation terms for a transfer weren't on the pages read either; read them in MoneyGram's help section or on your receipt before you confirm a large send.
More ways to save at MoneyGram
The friend-invite programme is the one standing perk on record: you share an invite and get savings on later transfers, though the amount isn't printed.
Beyond that, the levers are in your hands.
A different payment type or payout option can change the fee, and the rate MoneyGram applies to the currency matters as much as the fee itself when you compare quotes.
MoneyGram questions, answered
How much does a MoneyGram transfer cost?
MoneyGram publishes no single price: the fee and exchange rate depend on how much you send, how you pay, how the money is delivered and where it's picked up. The company also makes money on the currency exchange, so compare the amount your recipient gets, not only the fee.
Where can MoneyGram send money?
Transfers go from the US to more than 200 countries and territories. Recipients can collect cash or receive it in a bank account, on a debit card or in a digital wallet.
Does MoneyGram reward referrals?
Its invite-a-friend programme gives savings on transfers. The pages read don't say how much the reward is worth.
Is MoneyGram a licensed money transmitter?
MoneyGram holds a money transmitter licence from the New York State Department of Financial Services and is registered with FinCEN as a Money Services Business.
How long has MoneyGram been around?
The company began as Travelers Express Company in Minneapolis and has been operating for more than 85 years.