Name: | MoneyGram |
Type: | Money Transfer Operator |
Data collected on: | Feb 28, 2024 |
Note: | Fees collected are for MoneyGram transfers via FNB. Agent confirmed that the rates and fees mentioned online do apply for in-branch transfers. Transfer fees are indicated in USD on the FNB fee schedule, for a range of USD send amounts. Thus, ZAR send amounts provided in this data collection were first converted to USD at the prevailing USD rate to determine the USD fee range on the FNB fee schedule. Once the fee was extracted in USD, it was converted to ZAR at the prevailing USD rate and then a 15% VAT was added to the fee.
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