Does this apply to all money transfers?
No. The tax does not apply to:
Transfers funded from a bank account, credit card, debit card, or prepaid card.
Transfers funded with a digital wallet.
Transfers sent and received within the U.S., or inward remittances, i.e. money coming into the U.S.
Common questions
- Can I schedule a recurring send to send money transfers on a weekly or monthly basis?
- How much money can I send online through MoneyGram? Are there limits to how often I can send money?
- Why didn’t my scheduled transfer go through?
- How much does it cost to transfer money with MoneyGram?
- Which countries can I send money to?
- Which countries can I send money to?
