MoneyGram is a competitor in international money transfer and now offers the ability to send money online as well. It has 75,000 agents in 170 countries. Like its competitor, its website has a useful feature that calculates the cost of sending money to the country of your choice.

Its online money transfer website has a useful feature that calculates the cost of sending money to the country of your choice. If you transfer money online or by phone, you pay using a credit card or debit card.

If you do not transfer money online or by phone, you will need to locate both a sending money transfer agent and a receiving transfer money agent. There are 196,000 agents located in over 190 countries and territories. If using a sending money transfer agent, you must pay for the international money transfer in cash.

Fees, procedures, and the locations of money transfer agents are available on the website or by calling 800-325-6000.

Each money transfer transaction has a unique money transfer control number. It makes it easier for collection of funds if the recipient knows the number.

The recipient should be able to pick up the funds within the hour (subject to the hours of operation at the receiving agent location). Proper identification is required.

1. Sign up for a PayPal account, if you don't have one.
2. If you want to send money from your bank account, get Verified.
3. Log in to your PayPal account.
4. Click the Send Money tab.
5. Enter your recipient's email address and the amount.
6. Review your transaction, then send it.

Maximum allowed is $700 per money order. However, you can purchase multi money orders per day, up to a maximum of $10,000.

U.S. Money Orders can be cashed in banks or post offices in most countries around the world.

The processing fee ranges from $3 - $8.50 per money order.

You must fill out the recipient's name on the money order before mailing to the recipient.

All U.S. post offices provide this service.

In case of problems, the money order is traceable by its unique number.

Hence Keep the numbered carbon copy receipt for your records.

Depending on which city or town you live in, this can take from a few days to a week for the bank to prepare the draft.

You mail the draft to the recipient.

The money comes out of your account when the draft is prepared, not when the recipient gets it.

There is a fee for this service of about $25.

Since the draft is drawn on your bank to another (corresponding) bank, the recipient must have access to the corresponding bank.

This is quicker than a Foreign Draft, since it is done almost immediately.

The fee is about $65 for non-customers and about $40 for bank customers.

The recipient must have access to the corresponding bank.