Is MoneyGram or WorldRemit cheaper?

Today on a USD 1,000 transfer to INR, WorldRemit delivers 1 INR more than MoneyGram. The winner can flip on different corridors and amounts — always check the live comparison on the corridor page before transferring.

What's the main difference between MoneyGram and WorldRemit?

MoneyGram (Flat fee + rate markup): Global cash pickup network with 470,000+ agent locations — taken private by Madison Dearborn in 2023. WorldRemit (Flat fee + rate markup): UK-based digital remittance with strong African and Asian corridor coverage.

Which is faster, MoneyGram or WorldRemit?

For this corridor today, MoneyGram reports minutes and WorldRemit reports same day. Speed depends on payment method and the recipient's bank — debit-card-funded transfers typically clear faster than ACH.

Which is safer, MoneyGram or WorldRemit?

Both are licensed money services businesses. MoneyGram is regulated in USA, UK, EU. WorldRemit is regulated in UK, USA, EU. As long as you transfer through their official site or app, both are safe to use.

Does MoneyGram or WorldRemit offer better exchange rates?

Right now, MoneyGram's rate is 94.2974 INR per USD and WorldRemit's rate is 94.3931. Rates change throughout the day — the best move is to compare the *recipient amount* (rate plus any margin minus fees), which is what the table above shows.

MoneyGram vs WorldRemit

Live fee, exchange rate and recipient amount comparison for USD → INR. Pros, cons and licensing in one view.

Rates verified 22:06 UTC · refreshed every 5 min

Today's verdict for USD 1,000 → INR

WorldRemit wins by INR 1

WorldRemit delivers INR 94,111, compared with MoneyGram at INR 94,110. Verdicts can flip on different corridors and amounts — always check the live corridor page before transferring.

Flat fee + rate markup

Global cash pickup network with 470,000+ agent locations — taken private by Madison Dearborn in 2023.

Fee: USD 1.99
Rate: 94.2974
Speed: Minutes
Recipient gets: INR 94,110

Founded 1940

Dallas, TX, USA

Pros

Cash pickup at 350,000+ locations in 200 countries
Mobile app makes online transfers competitive
First-transfer promotional fees and discounts

Cons

Exchange rate margin is wider than digital-first MTOs
Cash-to-cash fees are notably higher
Limits and KYC checks can delay first transfer

Try MoneyGram

Flat fee + rate markup

Winner today

UK-based digital remittance with strong African and Asian corridor coverage.

Fee: USD 2.99
Rate: 94.3931
Speed: Same day
Recipient gets: INR 94,111

Founded 2010

London, UK

Pros

Strong corridor coverage across Africa, Asia and LatAm
Multiple payout options (bank, cash, mobile wallet, airtime)
Mobile-first product, fast onboarding

Cons

Headline rate often lags Wise on major corridors
Limits on transfer amount per transaction
Some corridors restricted to bank deposit only

Try WorldRemit

Side-by-side comparison

Spec	MoneyGram	WorldRemit
Fee model	Flat fee + rate markup	Flat fee + rate markup
Headquarters	Dallas, TX, USA	London, UK
Founded	1940	2010
Status	Private (acquired by Madison Dearborn Partners, 2023)	Private (parent: Zepz)
Live USD→INR fee	USD 1.99	USD 2.99
Live USD→INR rate	94.2974	94.3931
Recipient gets (USD 1,000)	INR 94,110	INR 94,111
Typical speed	Minutes	Same day
Top corridors	USD→MXN, USD→PHP, USD→IND	GBP→NGN, GBP→PKR, GBP→INR

User reviews

MoneyGram

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WorldRemit

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We don't host our own reviews — we link to Trustpilot so the rating isn't influenced by us.

Frequently asked questions

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Wise vs Remitly →Wise vs Xoom →Wise vs MoneyGram →Wise vs Western Union →Remitly vs Xoom →Western Union vs MoneyGram →

Live quotes from Wise's public comparison API, updated every 5 minutes. Provider profiles are based on public information; for pricing, KYC requirements and current promotions always check the provider's official site. Methodology.