Money Transfers: How much commission does a Western Union or MoneyGram agent earn per transaction?
Cross-Border and FX Systems
Asked by Question Bot04/Apr/20131 answer
1 Answer
It varies from country to country. Usually on the fees collected (and if there is any FX gain), the agent's take is about 42% -to- 46% for Western Union.
Moneygram is nearly the same.
Moneygram is nearly the same.