MoneyGram
4.2 / 5Trust 4.3 / 530.0k reviews
MoneyGram is a US-based money transfer company with one of the largest cash-pickup and agent networks worldwide; the cost is concentrated in its exchange-rate margin rather than a visible fee.
Transfer limits
Minimum
€1
Maximum
€9K
Fee structure
- Bank transferOnline transfer to bank account; cost is mostly the 1–2% exchange-rate margin on this corridor1.50%
- Cash pickupCash pickup at an agent location€5.00
Delivery methods
Bank transferCash pickup
Pros & cons
Pros
- One of the largest cash-pickup and agent networks worldwide
- Cash pickup often available within minutes
- Long-established, widely recognized brand
Cons
- Exchange-rate margin isn't always clearly disclosed upfront
- 1–2% FX margin on this corridor, costlier than digital-first challengers
- Complaints about refund handling and support responsiveness
EUR → PHP rate history
Send with MoneyGram
We may earn a commission — you pay the same. How we make money