CurrencyFair vs MoneyGram - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like CurrencyFair and MoneyGram have emerged as leading choices. Both CurrencyFair and MoneyGram online platforms offer efficient and cost-effective and secure international money transfers from CurrencyFair and MoneyGram.

We compare CurrencyFair vs MoneyGram into the unique features and benefits that distinguish CurrencyFair vs MoneyGram, empowering you to make an informed decision based on your specific transfer needs like CurrencyFair vs MoneyGram fees, currencies available, available payment methods on CurrencyFair compared to MoneyGram, support options offered by CurrencyFair vs MoneyGram, speed and more.

CurrencyFair vs MoneyGram: Quick Feature Comparison

  1. Visit CurrencyFair alternative CurrencyFair Visit CurrencyFair

    Used By: 150,000
    Currencies Available: 17
    Transfer Fees: 0.45%
    Payment Methods: Bank transfer, debit card
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: £5.00 (or equivalent)
    Max Transfer: £10,000,000.00 (or equivalent)
    Year Founded: 2009

  2. Visit CurrencyFair alternative MoneyGram Visit MoneyGram

    Used By: 150000000
    Currencies Available: 46
    Transfer Fees: 1.99$
    Payment Methods: Bank transfer, debit/credit card, cash
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: $1.00
    Max Transfer: $10,000.00 (varies)
    Year Founded: 1940

CurrencyFair vs MoneyGram: Pros and Cons

CurrencyFair vs MoneyGram
Advantages

CurrencyFair Advantages MoneyGram Advantages
  • CurrencyFair has been serving clients for over 15 years
  • CurrencyFair is well rated among clients.
  • CurrencyFair is available internationally.
  • CurrencyFair has multiple currency options.
  • CurrencyFair provides phone customer support.
  • CurrencyFair provides email customer support.
  • CurrencyFair is available to iOS Apple device users.
  • CurrencyFair is available to Android mobile device users.
  • MoneyGram has been in operation for over 84 years.
  • MoneyGram boasts a high rating for sending money.
  • MoneyGram operates in numerous international countries.
  • MoneyGram offers an extensive range of currency options for money transfers.
  • MoneyGram provides phone support.
  • MoneyGram offers registered customers email support.
  • MoneyGram has a Apple iOS app on Apple app store.
  • MoneyGram offers a Android Google Play Store mobile app.

CurrencyFair vs MoneyGram
Disadvantages

CurrencyFair Disadvantages MoneyGram Disadvantages
  • CurrencyFair has no PayPal support.
  • CurrencyFair has no Neteller payments support.
  • CurrencyFair has no Skrill payment support.
  • CurrencyFair does have a mobile digital wallet like some others.
  • No home delivery with CurrencyFair.
  • No cash pickups with CurrencyFair.
  • No money order support with CurrencyFair.
  • No live chat support with CurrencyFair.
  • MoneyGram has no PayPal option.
  • MoneyGram has no Neteller option.
  • MoneyGram has no Skrill option.
  • No digital wallets with MoneyGram.
  • No MoneyGram home delivery.
  • No MoneyGram Cash pickups.
  • No MoneyGram money order option.
  • No MoneyGram Livechat.

CurrencyFair vs MoneyGram Fees and Other Costs

Fee type CurrencyFair Fees MoneyGram Fees
Transfer Fees 0.45% 1.99$
Min Transfer £5.00 (or equivalent) $1.00
Max Transfer £10,000,000.00 (or equivalent) $10,000.00 (varies)
Payment Methods Bank transfer, debit card Bank transfer, debit/credit card, cash
Currencies AED, EUR, PLN, AUD, GBP, SEK, CAD, HKD, SGD, CHF, HUF, USD, CZK, NOK, ZAR, DKK, NZD AED, AUD, BND, CAD, CHF, CZK, DKK, EUR, FJD, HKD, HUF, IDR, ILS, INR, IRR, JPY, KRW, KWD, LKR, MAD, MXN, MYR, NGN, NZD, OMR, PEN, PGK, PHP, PKR, PLN, SAR, SCR, SDG, SEK, SGD, THB, TOP, TRY, TWD, USD, VND, VUV, WST, XOF, XPF, ZAR

CurrencyFair vs MoneyGram Restricted Countries

CurrencyFair Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

MoneyGram Country Restrictions

North Korea

CurrencyFair vs MoneyGram Transfer Speeds

Transfer Speed CurrencyFair MoneyGram
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

CurrencyFair vs MoneyGram Languages

CurrencyFair Supported Languages

English, French, German

MoneyGram Supported Languages

English, Spanish, French, Danish, German, Arabic, Czech, Hungarian, Indonesian, Italian, Japanese, Korean, Malaysian, Norwegian, Polish, Portuguese, Romanian, Russian, Thai, Turkish, Ukrainian, Chinese

CurrencyFair vs MoneyGram Verdict - Which is better?

Which is best out of CurrencyFair and MoneyGram depends on your needs.

  • CurrencyFair vs MoneyGram Transfer Fees: Transferring money with CurrencyFair costs 0.45% while MoneyGram charges 1.99$.
  • CurrencyFair vs MoneyGram Supported Currencies: CurrencyFair deals in over 1, where as MoneyGram offers transactions in 1.
  • CurrencyFair vs MoneyGram Payment Methods: CurrencyFair accepts Bank transfer, debit card, while MoneyGram allows transactions via Bank transfer, debit/credit card, cash.
  • CurrencyFair vs MoneyGram Transfer Limits: CurrencyFair allows transfers between £5.00 (or equivalent) and £10,000,000.00 (or equivalent). MoneyGram's range is $1.00 to $10,000.00 (varies).
  • CurrencyFair vs MoneyGram Minimum Age for Account Creation: CurrencyFair requires users to be at least 18 years old, where as MoneyGram has a minimum age requirement of 18.
  • Contact Number: You can reach CurrencyFair at +353 1 526 8411 and MoneyGram at 448457223344.
  • CurrencyFair vs MoneyGram Countries of Operation: CurrencyFair operates in over 1 countries but has restrictions in over 1 countries. MoneyGram serves 1 countries and restricts operations in 1 countries.
  • CurrencyFair vs MoneyGram Client Base: CurrencyFair is used by 150, where as MoneyGram serves 150,000,000.
  • CurrencyFair vs MoneyGram Year Founded: CurrencyFair was established in 2009 and MoneyGram began its operations in 1940.
  • CurrencyFair vs MoneyGram Customer Rating: CurrencyFair holds a rating of 4, in contrast, MoneyGram has a rating of 3.
  • CurrencyFair vs MoneyGram Headquarters: CurrencyFair has its headquarters at Dublin, Ireland, while MoneyGram is based at Dallas, US.
  • CurrencyFair vs MoneyGram Employee Count: CurrencyFair employs 99 individuals, where as MoneyGram has a team of 2,300.
  • CurrencyFair vs MoneyGram Estimated Annual Turnover: CurrencyFair turnover stands at 64,000,000 USD, while MoneyGram boasts a turnover of 900,000,000 USD.
  • CurrencyFair vs MoneyGram Founder: CurrencyFair was founded by Paul Byrne, holding the position of CEO & President. On the other hand, MoneyGram was the brainchild of Alex Holmes, currently holding the position of Chairman & CEO.
  • CurrencyFair vs MoneyGram Supported Languages: CurrencyFair offers support in over 1 languages. MoneyGram communicates in 1.

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Screenshots

CurrencyFair Screenshot

CurrencyFair Screenshot

MoneyGram Screenshot

CurrencyFair Screenshot