XE Money Transfer vs MoneyGram: Fees, Rates & Speed Compared
XE Money Transfer ahead on USD → MXN; MoneyGram on USD → INR, GBP → EUR, USD → PHP, GBP → PKR.
XE Money Transfer
Won 1 of 5 routes here
4.4
MoneyGram
Won 4 of 5 routes here
4.0Xe’s cash-pickup availability is route-dependent, so the comparison with MoneyGram should not start by assuming Xe only sends to banks. Nor should a country listing be treated as proof that both services use the same local agent.
Live comparison: XE Money Transfer vs MoneyGram across popular corridors
Recipient payout route by route, XE Money Transfer against MoneyGram, from collected quotes (not guaranteed).
| Corridor | XE Money Transfer | MoneyGram | Winner |
|---|---|---|---|
| USD → INR($1,000) | ₹95,923.30 | ₹96,183.13 | MoneyGram (+₹259.83) |
| GBP → EUR(£1,000) | €1,158.92 | €1,162.45 | MoneyGram (+€3.53) |
| USD → PHP($500) | ₱30,592.56 | ₱30,994.81 | MoneyGram (+₱402.25) |
| USD → MXN($1,000) | MX$17,982.20 | MX$17,859.91 | XE Money Transfer (+MX$122.29) |
| GBP → PKR(£500) | ₨181,897.95 | ₨182,623.23 | MoneyGram (+₨725.28) |
| USD → NGN($200) | — | ₦267,606.93 | N/A |
XE Money Transfer vs MoneyGram: Feature comparison
| Feature | XE Money Transfer | MoneyGram |
|---|---|---|
| Overall rating | 4.4/5 (Excellent) | 4.0/5 (Good) |
| Fee structure | No transfer fees | From $1.99 to $11.99+ |
| Exchange rate markup | 0.5% - 1.5% above mid-market | 1% - 3% above mid-market |
| Transfer speed | 1-4 business days | Minutes to 3 days |
| Supported countries | 130+ | 200+ |
| Supported currencies | 130+ | 50+ |
| Max transfer | $500,000 | $10,000 |
| Delivery methods | Bank Deposit | Bank Deposit, Cash Pickup, Mobile Wallet |
| Regulators | FCA, FinCEN, ASIC, FINTRAC | FinCEN, FCA |
A collection quote needs a collection location
Have the recipient check the offered pickup partner, accepted identity documents and opening time for each service. Keep the two quote references distinct. The useful result is the amount collectable at an accessible counter, with a clear instruction for which company is paying it.