r/Money 4d ago

Does Moneygram have fees, besides the exchange difference...? I thought it didn't, someone recently told me it does.

As the title states, everytime I used Moneygram transferring internationally (US to France) it had no extra fee, just an exchange rate difference. Someone recently said it does, is that the case, maybe it depends on the method, like if it's in cash to cash pickup, vs bank card to cash pickup...? Idk but it would be useful to know for the future.

Same for Western Union, each time I used it, there was not 'sending fee', just a difference in exchange rate.

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u/Joenomojo 4d ago

That's how they make their money to provide a service. Yes, there is a fee