XE Money Transfer vs MoneyGram - Who is better? [UPDATED 2024]

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

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

XE Money Transfer vs MoneyGram: Quick Feature Comparison

  1. Visit XE Money Transfer alternative XE Money Transfer Visit XE Money Transfer

    Used By: 280000000
    Currencies Available: 76
    Transfer Fees: none
    Payment Methods: Bank transfer, credit card, debit card
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$500,000.00 (or equivalent)
    Year Founded: 1993

  2. Visit XE Money Transfer 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

XE Money Transfer vs MoneyGram: Pros and Cons

XE Money Transfer vs MoneyGram
Advantages

XE Money Transfer Advantages MoneyGram Advantages
  • XE Money Transfer has been serving clients for over 31 years
  • XE Money Transfer is well rated among clients.
  • XE Money Transfer is available internationally.
  • XE Money Transfer has multiple currency options.
  • XE Money Transfer provides phone customer support.
  • XE Money Transfer provides email customer support.
  • XE Money Transfer is available to iOS Apple device users.
  • XE Money Transfer 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.

XE Money Transfer vs MoneyGram
Disadvantages

XE Money Transfer Disadvantages MoneyGram Disadvantages
  • XE Money Transfer has no PayPal support.
  • XE Money Transfer has no Neteller payments support.
  • XE Money Transfer has no Skrill payment support.
  • XE Money Transfer does have a mobile digital wallet like some others.
  • No home delivery with XE Money Transfer.
  • No cash pickups with XE Money Transfer.
  • No money order support with XE Money Transfer.
  • No live chat support with XE Money Transfer.
  • 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.

XE Money Transfer vs MoneyGram Fees and Other Costs

Fee type XE Money Transfer Fees MoneyGram Fees
Transfer Fees none 1.99$
Min Transfer US$1.00 $1.00
Max Transfer US$500,000.00 (or equivalent) $10,000.00 (varies)
Payment Methods Bank transfer, credit card, debit card Bank transfer, debit/credit card, cash
Currencies AED, BDT, BHD, BTN, HKD, IDR, ILS, INR, JOD, JPY, KWD, LKR, MYR, NPR, OMR, PHP, PKR, QAR, RUB, SGD, THB, TRY, TWD, VND, BAM, BGN, CHF, CZK, DKK, EUR, GBP, HRK, HUF, NOK, PLN, RON, RSD, SEK, BBD, CAD, CRC, DOP, GTQ, HNL, JMD, MXN, TTD, USD, XCD, AUD, FJD, NZD, TOP, WST, ETB, GHS, GMD, GNF, KES, MAD, MUR, MZN, RWF, SLL, TND, TZS, UGX, ZAR, ARS, BOB, CLP, COP, GYD, PEN, PYG, UYU 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

XE Money Transfer vs MoneyGram Restricted Countries

XE Money Transfer 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

XE Money Transfer vs MoneyGram Transfer Speeds

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

XE Money Transfer vs MoneyGram Languages

XE Money Transfer Supported Languages

English, German, Spanish, French, Portuguese, Italian, Swedish, Chinese (Simplified), Chinese (Traditional), Arabic

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

XE Money Transfer vs MoneyGram Verdict - Which is better?

Which is best out of XE Money Transfer and MoneyGram depends on your needs.

  • XE Money Transfer vs MoneyGram Transfer Fees: Transferring money with XE Money Transfer costs none while MoneyGram charges 1.99$.
  • XE Money Transfer vs MoneyGram Supported Currencies: XE Money Transfer deals in over 1, where as MoneyGram offers transactions in 1.
  • XE Money Transfer vs MoneyGram Payment Methods: XE Money Transfer accepts Bank transfer, credit card, debit card, while MoneyGram allows transactions via Bank transfer, debit/credit card, cash.
  • XE Money Transfer vs MoneyGram Transfer Limits: XE Money Transfer allows transfers between US$1.00 and US$500,000.00 (or equivalent). MoneyGram's range is $1.00 to $10,000.00 (varies).
  • XE Money Transfer vs MoneyGram Minimum Age for Account Creation: XE Money Transfer requires users to be at least 18 years old, where as MoneyGram has a minimum age requirement of 18.
  • Contact Number: You can reach XE Money Transfer at 441753441844 and MoneyGram at 448457223344.
  • XE Money Transfer vs MoneyGram Countries of Operation: XE Money Transfer operates in over 1 countries but has restrictions in over 1 countries. MoneyGram serves 1 countries and restricts operations in 1 countries.
  • XE Money Transfer vs MoneyGram Client Base: XE Money Transfer is used by 280,000,000, where as MoneyGram serves 150,000,000.
  • XE Money Transfer vs MoneyGram Year Founded: XE Money Transfer was established in 1993 and MoneyGram began its operations in 1940.
  • XE Money Transfer vs MoneyGram Customer Rating: XE Money Transfer holds a rating of 4, in contrast, MoneyGram has a rating of 3.
  • XE Money Transfer vs MoneyGram Headquarters: XE Money Transfer has its headquarters at Newmarket, Canada, while MoneyGram is based at Dallas, US.
  • XE Money Transfer vs MoneyGram Employee Count: XE Money Transfer employs 350 individuals, where as MoneyGram has a team of 2,300.
  • XE Money Transfer vs MoneyGram Estimated Annual Turnover: XE Money Transfer turnover stands at 10000000000USD, while MoneyGram boasts a turnover of 900,000,000 USD.
  • XE Money Transfer vs MoneyGram Founder: XE Money Transfer was founded by Jeff Boss, holding the position of Chief Financial Officer. On the other hand, MoneyGram was the brainchild of Alex Holmes, currently holding the position of Chairman & CEO.
  • XE Money Transfer vs MoneyGram Supported Languages: XE Money Transfer offers support in over 1 languages. MoneyGram communicates in 1.

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XE Money Transfer vs MoneyGram Alternatives Guides

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Screenshots

XE Money Transfer Screenshot

XE Money Transfer Screenshot

MoneyGram Screenshot

XE Money Transfer Screenshot