We compared 4 companies sending money from the United States to Mongolia. Regency FX is the best and cheapest, while Revolut is the fastest.
Sending $7,000 with Regency FX gets your recipient 25,104,724.31 MNT at 3586.3892 MNT per USD.
| 4 of 4 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze USD/MNT exchange rates from our comparisons. | |||
| Based on 7,000 USD transfer Best companies for USD/MNT transfersAll money transfer offers for USD/MNT transfers, sorted by most MNT received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
| Promoted  Wise Pay via Bank transfer | Fee $199.09 1 USD = 3592.0000 MNT +0.11% vs mid-market | Recipient gets ₮24,428,868.72 Within a week | |
Ways to receive money in Mongolia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $199.091 USD = 3592.0000 MNT ₮24,428,868.72You pay$7,000.00 | |||
| Promoted  Regency FX Pay via Bank transfer | Fee $0.00 1 USD = 3586.3892 MNT +0.27% vs mid-market | Recipient gets ₮25,104,724.31 Minutes - 24 hours | |
Ways to receive money in Mongolia with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 USD = 3586.3892 MNT ₮25,104,724.31You pay$7,000.00 | |||
Run a live search Showing top United States to Mongolia deals for 7,000 USD. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live USD to MNT rates. | |||
Run a live search These companies offer multi-currency accounts for spending MNT. We suggest doing a live search based on how much USD you're planning to spend in Mongolia. | |||
Run a live search These are managed services with real human support for large USD transfers. Click the link and update the transfer amount to get the best deal. | |||
| Exclusive: First Transfer Deal Regency FX Pay via Bank transfer | Fee $0.00 1 USD = 3586.3892 MNT +0.27% vs mid-market | Recipient gets ₮25,104,724.31 Minutes - 24 hours | |
Ways to receive money in Mongolia with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 USD = 3586.3892 MNT ₮25,104,724.31You pay$7,000.00 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee $40.50 1 USD = 3590.6259 MNT +0.15% vs mid-market | Recipient gets ₮24,988,960.92 Within minutes | |
Ways to receive money in Mongolia with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes $40.501 USD = 3590.6259 MNT ₮24,988,960.92You pay$7,000.00 | |||
| US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details. | |||
| $0 fee on first online transfers  MoneyGram Pay via Bank transfer | Fee $1.99 1 USD = 3529.2752 MNT +1.88% vs mid-market | Recipient gets ₮24,704,926.40 Minutes - 24 hours | |
Ways to receive money in Mongolia with MoneyGram when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hoursAvailable via:All Banks $1.991 USD = 3529.2752 MNT ₮24,704,926.40You pay$7,001.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Debit card | Fee $1.99 1 USD = 3529.2752 MNT +1.88% vs mid-market | Recipient gets ₮24,704,926.40 Minutes - 24 hours | |
Ways to receive money in Mongolia with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hoursAvailable via:All Banks $1.991 USD = 3529.2752 MNT ₮24,704,926.40You pay$7,001.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit card | Fee $177.99 1 USD = 3529.2752 MNT +1.88% vs mid-market | Recipient gets ₮24,704,926.40 Minutes - 24 hours | |
Ways to receive money in Mongolia with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hoursAvailable via:All Banks $177.991 USD = 3529.2752 MNT ₮24,704,926.40You pay$7,177.99 | |||
| Wise Pay via Bank transfer | Fee $199.09 1 USD = 3592.0000 MNT +0.11% vs mid-market | Recipient gets ₮24,428,868.72 Within a week | |
Ways to receive money in Mongolia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $199.091 USD = 3592.0000 MNT ₮24,428,868.72You pay$7,000.00 | |||
| How Our Results Work Mid-market rate: 1 USD = 3596.098653 MNT Updates every 60 minutes. | |||
Transfer details
If you're sending a one-off transfer, then Regency FX is the best option.
For recurring transfers, I'd suggest using an app or a multi-currency account with Revolut.
For large transfers using a broker like Regency FX is the best option.
How much you send will affect the best option for you right now.
You have 3 ways to pay for your transfer to Mongolia, including bank transfer, debit card, and credit card.
Usually, using bank transfer to fund your transfer is the cheapest but slowest option (ACH and takes a day or two).
You can use a debit card, Apple Pay and Google Pay for quicker deposit but its a bit more expensive.
I suggest avoiding credit cards since these are most expensive and have cash advance fees (Amex is very rarely accepted in general).
First time round you'll need to confirm who you are.
An SSN isn't required, an ITIN or a foreign passport works with most companies here.
There are 4 companies available for sending money from the US to Mongolia, across app, multi-currency account, global account, online, broker, and in person, and more.
For regular transfers home
If you send a few hundred dollars home every payday, an app is usually the cheapest way and the least work.
Revolut charges $40.5 on a $7,000 transfer with 0.15% markup, saves your recipient's details for next time, and MNT arrives in within minutes.
Funding from a US bank account or debit card avoids the 1% federal tax that applies to cash-funded transfers.
For one-off transfers
For a one-off transfer, an online service funded from your checking account is usually the cheapest way to send money to Mongolia.
Of all online companies listed here, MoneyGram gets you the most MNT per USD.
On a $7,000 transfer, you will get 24,704,926.4 MNT after a $1.99 fee and 1.88% markup.
But, bank funding (ACH) takes 1 to 3 business days to clear, while debit cards (and Google Pay/Apple Pay) are usually instant but cost a bit more.
For transfers over $10,000
For large transfers to Mongolia (e.g. a property purchase, tuition, or moving to Mongolia), a broker like Regency FX charges no fee, gives you a dedicated account manager, and adds 0.27% markup on USD/MNT that gets lower the more you send.
It's also good to check Wise since you get a bulk discount on transfers over $25,000.
Business payments from the US
Global accounts are for US businesses paying people abroad.
Companies like Airwallex, WorldFirst, or Payoneer handle the recurring and batch payments, invoicing, tracking, and more.
Holding & spending currencies
A multi-currency account like Revolut is the best for holding and receiving MNT.
This is useful for traveling to Mongolia, building up MNT balance, or receiving payments in MNT.
Revolut converts $7,000 at 0.15% markup plus small fee and holds the MNT until you spend it.
With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending $7,000 gives your recipient 25,104,724.31 MNT.
Deposit USD by bank transfer, debit card, and credit card.
The simplest way is to pay from your US checking account
Pay by bank transfer using your routing and account numbers.
An ACH payment is usually cheaper than a card, but the it may take some time for it to clear before a money transfer company can send the money to Mongolia.
Zelle, Venmo and Cash App only support domestic transfers, so they cannot send money to Mongolia.
Your recipient in Mongolia can collect MNT through bank deposit.
You pay $7,000.00
₮25,104,724
Cheapest
You pay $7,001.99
₮24,704,926
-₮399,798
You pay $7,177.99
₮24,704,926
-₮399,798
The way you fund the transfer now affects the tax, while US law gives you specific rights if something goes wrong.
Cheapest way to send money to Mongolia
The cheapest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 25,104,724.31 MNT, which is 0.46% more than the next best option.
Fastest way to send money to Mongolia
The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 24,988,960.92 MNT, with the money arriving in within minutes.
Since January 1, 2026, a 1% federal tax applies when an international transfer is funded with cash, a money order, a cashier's check or a traveler's check.
Funding from a US bank account, including ACH, or with a US-issued debit or credit card is exempt.
The rule applies to how you pay in, so your recipient can still collect cash without triggering the tax.
There is no federal cap on how much of your own money you can send electronically abroad.
Your bank or transfer company can set its own limit and ask for proof of where a large or unusual payment came from.
Cash reports and the declaration for physically carrying more than $10,000 across the US border are separate rules.
Do not split cash transactions to avoid a report.
The US Remittance Transfer Rule requires a covered company to show the exchange rate, fees and expected amount received before you pay.
You can normally cancel within 30 minutes at no charge, provided the money has not been deposited or collected.
You also have error-resolution rights if the wrong amount arrives or the transfer never turns up.
Contact the company first and keep the receipt.
For transfers over $10,000, Wise is the best option.
It offers the best exchange rate, which is more important than the fee for large transfers to Mongolia.
While Wise may not always be the cheapest or fastest way to send MNT, they offer years of experience, and will offer you the peace of mind you need when sending large amounts abroad.
The rate changes how much MNT your recipient gets for your USD. Recent movement gives you a useful benchmark before you send.
Mid-market rate:1 USD = 3,598.193017 MNT
We track, save, and analyze the cost, speed, and product offerings of the leading money transfer services available between Mongolia and United States.
We work with leading money transfer companies to provide real time fees and exchange rates.
We also conduct detailed company reviews, combined with in-depth analysis, we can offer the best deals on the market - every time you want to transfer money from United States to Mongolia.
For a deeper understanding of our commitment to integrity and transparency, check out these articles:
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
Advanced filters
Advanced filters
Tailor this money transfer comparison to your needs.
Show companies that support specific transfer features.
Only show providers with user feedback and reviews.
Hide selected providers from the USD/MNT comparison.
Search Now & Save On Your Transfer
Instantly view live exchange rates, fees & features.
Please share your experience with …