Compare the best ways to send money from United States to Mongolia

We compared 5 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 25,139,484.48 MNT at 3591.3549 MNT per USD.

Best companies for USD/MNT transfers

5 of 5 providers

Last updated on 28 October 2026

Based on 7,000 USD transfer

Best companies for USD/MNT transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee $218.91 1 USD = 3595.0000 MNT +0.17% vs mid-market Recipient gets ₮24,378,018.55 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Mongolia with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$218.911 USD = 3595.0000 MNT
₮24,378,018.55You pay$7,000.00
Promoted

Xe

Pay via Bank transfer
Fee $0.00 1 USD = 3516.7356 MNT +2.37% vs mid-market Recipient gets ₮24,617,149.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Mongolia with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 USD = 3516.7356 MNT
₮24,617,149.20You pay$7,000.00

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Showing top United States to Mongolia deals for 7,000 USD. Do a live search with your exact amount for today's best rates.
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Regency FX

Pay via Bank transfer
Fee $0.00 1 USD = 3591.3549 MNT +0.27% vs mid-market Recipient gets ₮25,139,484.48 Minutes - 24 hours
Cheapest
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Mongolia with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 USD = 3591.3549 MNT
₮25,139,484.48You pay$7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee $40.50 1 USD = 3594.3208 MNT +0.19% vs mid-market Recipient gets ₮25,014,675.57 Within minutes
Fastest
Multi-currency cardReceive to bank account

Ways to receive money in Mongolia with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
$40.501 USD = 3594.3208 MNT
₮25,014,675.57You 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 = 3552.1200 MNT +1.37% vs mid-market Recipient gets ₮24,864,840.00 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 = 3552.1200 MNT
₮24,864,840.00You pay$7,001.99
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee $1.99 1 USD = 3534.2642 MNT +1.87% vs mid-market Recipient gets ₮24,739,849.40 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 = 3534.2642 MNT
₮24,739,849.40You pay$7,001.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee $177.99 1 USD = 3534.2642 MNT +1.87% vs mid-market Recipient gets ₮24,739,849.40 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 = 3534.2642 MNT
₮24,739,849.40You pay$7,177.99

Xe

Pay via Bank transfer
Fee $0.00 1 USD = 3516.7356 MNT +2.37% vs mid-market Recipient gets ₮24,617,149.20 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Mongolia with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 USD = 3516.7356 MNT
₮24,617,149.20You pay$7,000.00

Xe

Pay via Debit card
Fee $35.00 1 USD = 3516.7356 MNT +2.37% vs mid-market Recipient gets ₮24,494,063.45 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Mongolia with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
$35.001 USD = 3516.7356 MNT
₮24,494,063.45You pay$7,000.00

Wise

Pay via Bank transfer
Fee $218.91 1 USD = 3595.0000 MNT +0.17% vs mid-market Recipient gets ₮24,378,018.55 Within a week
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Mongolia with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$218.911 USD = 3595.0000 MNT
₮24,378,018.55You pay$7,000.00

Xe

Pay via Credit card
Fee $210.00 1 USD = 3516.7356 MNT +2.37% vs mid-market Recipient gets ₮23,878,634.72 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Mongolia with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
$210.001 USD = 3516.7356 MNT
₮23,878,634.72You pay$7,000.00
How Our Results Work
Mid-market rate: 1 USD = 3601.0778 MNT Updates every 60 minutes.

How to send money from US to Mongolia

Pick a company

If you're sending a one-off transfer, then Regency FX is the best option.

Regency FX was the cheapest on 30 of the 30 days it quoted $7,000 transfers to Mongolia.

For recurring transfers, I'd suggest using an app or a multi-currency account with Revolut.

For large transfers, a broker like Regency FX is the best option.

How much you send will affect the best option for you right now.

Pay for it

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).

Check and send

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.

Compare amounts

How much USD are you sending to Mongolia?

How much USD you send to Mongolia heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Regency FX was the cheapest in 100% of the transfers from $5,000 it quoted, and in 100% of all the transfers it quoted.

Cheapest service
$500-2.41%$1.99₮1,844,480.00with debit card to bank deposit+₮489,552.48
$2,000-0.04%$1.99₮7,205,200.00with remitly wallet to bank deposit+₮1,745,187.63
$5,0000.44%$1.99₮17,926,650.00with remitly wallet to bank deposit+₮276,940.02
$7,000This page0.27%$0.00₮25,139,484.48with bank transfer to bank deposit+₮487,643.95
$10,0000.27%$0.00₮35,913,549.26with bank transfer to bank deposit+₮463,752.57
$50,0000.25%$0.00₮179,603,757.07with bank transfer to bank deposit+₮2,328,793.06
$100,0000.20%$0.00₮359,387,568.03with bank transfer to bank deposit+₮4,801,335.66
$250,0000.20%$0.00₮898,468,920.08with bank transfer to bank deposit+₮11,943,747.12

Mid-market rate: 1 USD = 3601.0778 MNT

USD/MNT Exchange Rate History

Is today a good time to send money from US to Mongolia?

The cheapest way to send USD to MNT can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Regency FX), across 30 days of comparisons for 7,000 USD transfers to Mongolia.

MNT received for $7,000, after fees

Wed, Oct 28, 2026Mid-market rate₮25,207,544.85 Regency FX ₮25,139,484.48Regency FX₮25,139,484.48Revolut₮25,014,675.57MoneyGram₮24,864,840.00

24.6M
24.7M
24.8M
24.9M
25.0M
25.1M
25.2M
25.3M
At the mid-market rateWith the cheapest optionRegency FXRevolutMoneyGram
Exchange rateFeeRecipient getsDifference
Mid-market rate 3597.2219 – ₮25,180,553.48
Regency FX Cheapest 3587.5094 $0.00 ₮25,112,565.99 −₮67,987.49
Revolut 3590.4956 $40.50 ₮24,988,053.84 −₮192,499.64
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮343,433.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 3599.1704 – ₮25,194,192.80
Regency FX Cheapest 3589.4526 $0.00 ₮25,126,168.48 −₮68,024.32
Revolut 3590.8447 $40.50 ₮24,990,483.56 −₮203,709.24
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮357,072.80
Exchange rateFeeRecipient getsDifference
Mid-market rate 3598.0538 – ₮25,186,376.62
Regency FX Cheapest 3588.3391 $0.00 ₮25,118,373.40 −₮68,003.22
Revolut 3590.8447 $40.50 ₮24,990,483.56 −₮195,893.06
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮349,256.62
Exchange rateFeeRecipient getsDifference
Mid-market rate 3598.3677 – ₮25,188,573.78
Regency FX Cheapest 3588.6521 $0.00 ₮25,120,564.63 −₮68,009.15
Revolut 3591.0446 $40.50 ₮24,991,874.56 −₮196,699.22
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮351,453.78
Exchange rateFeeRecipient getsDifference
Mid-market rate 3597.3211 – ₮25,181,247.96
Regency FX Cheapest 3587.6084 $0.00 ₮25,113,258.59 −₮67,989.37
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮344,127.96
Revolut 3588.9926 $110.50 ₮24,726,364.18 −₮454,883.78
Exchange rateFeeRecipient getsDifference
Mid-market rate 3596.2721 – ₮25,173,905.04
Regency FX Cheapest 3586.5622 $0.00 ₮25,105,935.50 −₮67,969.54
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮336,785.04
Revolut 3585.6058 $110.50 ₮24,703,030.84 −₮470,874.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 3596.2721 – ₮25,173,905.04
Regency FX Cheapest 3586.5622 $0.00 ₮25,105,935.50 −₮67,969.54
Revolut 3591.1145 $40.50 ₮24,992,361.40 −₮181,543.64
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮336,785.04
Exchange rateFeeRecipient getsDifference
Mid-market rate 3596.0821 – ₮25,172,574.80
Regency FX Cheapest 3586.3727 $0.00 ₮25,104,608.85 −₮67,965.95
Revolut 3590.8247 $40.50 ₮24,990,344.46 −₮182,230.34
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮335,454.80
Exchange rateFeeRecipient getsDifference
Mid-market rate 3597.6832 – ₮25,183,782.40
Regency FX Cheapest 3587.9695 $0.00 ₮25,115,786.19 −₮67,996.21
Revolut 3588.3263 $40.50 ₮24,972,957.02 −₮210,825.38
MoneyGram No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 3596.9906 – ₮25,178,934.28
Regency FX Cheapest 3587.2787 $0.00 ₮25,110,951.16 −₮67,983.12
Revolut 3590.3250 $40.50 ₮24,986,866.97 −₮192,067.31
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮341,814.28
Exchange rateFeeRecipient getsDifference
Mid-market rate 3600.8492 – ₮25,205,944.58
Regency FX Cheapest 3591.1269 $0.00 ₮25,137,888.52 −₮68,056.05
Revolut 3591.3244 $40.50 ₮24,993,821.95 −₮212,122.63
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮368,824.57
Exchange rateFeeRecipient getsDifference
Mid-market rate 3599.6668 – ₮25,197,667.66
Regency FX Cheapest 3589.9477 $0.00 ₮25,129,633.95 −₮68,033.71
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮360,547.66
Revolut 3586.2072 $110.50 ₮24,707,174.83 −₮490,492.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 3595.1115 – ₮25,165,780.72
Regency FX Cheapest 3585.4047 $0.00 ₮25,097,833.11 −₮67,947.61
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮328,660.72
Revolut 3586.2072 $110.50 ₮24,707,174.83 −₮458,605.89
Exchange rateFeeRecipient getsDifference
Mid-market rate 3596.1534 – ₮25,173,074.00
Regency FX Cheapest 3586.4438 $0.00 ₮25,105,106.70 −₮67,967.30
Revolut 3591.3244 $40.50 ₮24,993,821.95 −₮179,252.05
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮335,954.00
Exchange rateFeeRecipient getsDifference
Mid-market rate 3596.1599 – ₮25,173,119.22
Regency FX Cheapest 3586.4503 $0.00 ₮25,105,151.79 −₮67,967.43
Revolut 3590.3253 $40.50 ₮24,986,869.24 −₮186,249.98
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮335,999.22
Exchange rateFeeRecipient getsDifference
Mid-market rate 3599.6791 – ₮25,197,753.97
Regency FX Cheapest 3589.9600 $0.00 ₮25,129,720.03 −₮68,033.94
Revolut 3591.3244 $40.50 ₮24,993,821.95 −₮203,932.02
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮360,633.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 3596.7204 – ₮25,177,042.58
Regency FX Cheapest 3587.0092 $0.00 ₮25,109,064.56 −₮67,978.02
Revolut 3591.3244 $40.50 ₮24,993,821.95 −₮183,220.63
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮339,922.58
Exchange rateFeeRecipient getsDifference
Mid-market rate 3598.4097 – ₮25,188,867.75
Regency FX Cheapest 3588.6940 $0.00 ₮25,120,857.81 −₮68,009.94
Revolut 3591.3244 $40.50 ₮24,993,821.95 −₮195,045.80
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮351,747.75
Exchange rateFeeRecipient getsDifference
Mid-market rate 3597.2638 – ₮25,180,846.82
Regency FX Cheapest 3587.5512 $0.00 ₮25,112,858.54 −₮67,988.28
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮343,726.82
Revolut 3588.9851 $110.50 ₮24,726,312.93 −₮454,533.89
Exchange rateFeeRecipient getsDifference
Mid-market rate 3596.4883 – ₮25,175,417.85
Regency FX Cheapest 3586.7777 $0.00 ₮25,107,444.22 −₮67,973.63
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮338,297.85
Revolut 3588.9851 $110.50 ₮24,726,312.93 −₮449,104.92
Exchange rateFeeRecipient getsDifference
Mid-market rate 3596.4118 – ₮25,174,882.69
Regency FX Cheapest 3586.7015 $0.00 ₮25,106,910.51 −₮67,972.18
Revolut 3591.3244 $40.50 ₮24,993,821.95 −₮181,060.74
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮337,762.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 3598.0832 – ₮25,186,582.72
Regency FX Cheapest 3588.3684 $0.00 ₮25,118,578.95 −₮68,003.77
MoneyGram 3548.1600 $1.99 ₮24,837,120.00 −₮349,462.72
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 3597.5336 – ₮25,182,735.03
Regency FX Cheapest 3587.8202 $0.00 ₮25,114,741.65 −₮67,993.38
Revolut 3592.3231 $40.50 ₮25,000,772.40 −₮181,962.63
MoneyGram 3552.1200 $1.99 ₮24,864,840.00 −₮317,895.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 3597.5336 – ₮25,182,735.03
Regency FX Cheapest 3587.8202 $0.00 ₮25,114,741.65 −₮67,993.38
Revolut 3592.3231 $40.50 ₮25,000,772.40 −₮181,962.63
MoneyGram 3552.1200 $1.99 ₮24,864,840.00 −₮317,895.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 3600.0567 – ₮25,200,396.68
Regency FX Cheapest 3590.3365 $0.00 ₮25,132,355.60 −₮68,041.08
Revolut 3593.3218 $40.50 ₮25,007,722.85 −₮192,673.83
MoneyGram 3552.1200 $1.99 ₮24,864,840.00 −₮335,556.68
Exchange rateFeeRecipient getsDifference
Mid-market rate 3599.9247 – ₮25,199,472.56
Regency FX Cheapest 3590.2049 $0.00 ₮25,131,433.98 −₮68,038.58
MoneyGram 3552.1200 $1.99 ₮24,864,840.00 −₮334,632.56
Revolut 3584.2016 $110.50 ₮24,693,356.77 −₮506,115.79
Exchange rateFeeRecipient getsDifference
Mid-market rate 3599.1602 – ₮25,194,121.44
Regency FX Cheapest 3589.4425 $0.00 ₮25,126,097.31 −₮68,024.13
MoneyGram 3552.1200 $1.99 ₮24,864,840.00 −₮329,281.44
Revolut 3584.2016 $110.50 ₮24,693,356.77 −₮500,764.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 3598.9947 – ₮25,192,962.61
Regency FX Cheapest 3589.2774 $0.00 ₮25,124,941.61 −₮68,021.00
Revolut 3584.4239 $40.50 ₮24,945,797.95 −₮247,164.66
MoneyGram 3552.1200 $1.99 ₮24,864,840.00 −₮328,122.61
Exchange rateFeeRecipient getsDifference
Mid-market rate 3599.4073 – ₮25,195,850.96
Regency FX Cheapest 3589.6889 $0.00 ₮25,127,822.16 −₮68,028.80
Revolut 3593.3214 $40.50 ₮25,007,720.59 −₮188,130.37
MoneyGram 3552.1200 $1.99 ₮24,864,840.00 −₮331,010.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 3601.0778 – ₮25,207,544.85
Regency FX Cheapest 3591.3549 $0.00 ₮25,139,484.48 −₮68,060.37
Revolut 3594.3208 $40.50 ₮25,014,675.57 −₮192,869.28
MoneyGram 3552.1200 $1.99 ₮24,864,840.00 −₮342,704.85

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send $7,000, after fees, as quoted by each company. The mid-market line shows what $7,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

Understanding USD/MNT exchange rate

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more MNT per USD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of MNT on every transfer from US.

Right now, Regency FX pays 25,139,484.48 MNT on 7,000 USD, which is 68,060.37 MNT less than the mid-market amount.

Today's payout is the highest in the past month.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Mongolia.

We've tracked 207 comparisons to check how often today's top companies were the cheapest across 8 amounts over the past month.

  1. Regency FXAppeared in 117 comparisons

    Cheapest every time

  2. RevolutAppeared in 199 comparisons

    Cheapest in 15% of them

  3. MoneyGramAppeared in 205 comparisons

    Cheapest in 1% of them

Based on 207 comparisons across 8 amounts over the last 30 days.

Is the cheapest money transfer company always the best?

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyze companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Regency FX is the cheapest and gets you the most MNT, and it was also the cheapest in 100% of the 117 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Mongolia.

Revolut (today's second cheapest) was the cheapest in only 15% of its comparisons, so it's rarely the cheapest option for transfers to Mongolia.

Ways to send money from the US to Mongolia

There are 5 companies available for sending money from the US to Mongolia, across app, online, broker, multi-currency account, global account, and in person, and more.

For regular transfers home

Money transfer apps

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 0.19% markup, saves your recipient's details for next time, and MNT arrives in within minutes.

Over the past month, Revolut was the cheapest app on 72% of the days it appeared for $7,000 transfers.

Funding from a US bank account or debit card avoids the 1% federal tax that applies to cash-funded transfers.

For one-off transfers

Online 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 24,864,840 MNT after a $1.99 fee and 1.37% markup.

In our comparisons over the past month, it was the cheapest online service on 29 of the 29 days it quoted.

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

Currency brokers

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.

Our analysis shows Regency FX was the cheapest broker in 100% of the transfers from $5,000 it quoted.

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

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

Multi-currency accounts

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 0.19% markup plus small fee and holds the MNT until you spend it.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Ways to fund USD and receive MNT in Mongolia

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending $7,000 gives your recipient 25,139,484.48 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 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.

  1. 1
    Bank transfer Bank deposit

    You pay $7,000.00

    ₮25,139,484

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay $7,001.99

    ₮24,739,849

    -₮399,635

  3. 3
    Credit card Bank deposit

    You pay $7,177.99

    ₮24,739,849

    -₮399,635

Things to consider before sending USD to Mongolia

The way you fund the transfer now affects the tax, while US law gives you specific rights if something goes wrong.

Find the right USD/MNT company

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 25,139,484.48 MNT, which is 0.5% 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 25,014,675.57 MNT, with the money arriving in within minutes.

Cash-funded transfers now carry a 1% tax

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.

The $10,000 rule is not a transfer limit

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.

You normally have 30 minutes to cancel

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.

The CFPB explains the cancellation and error process.

Need to send a large amount of USD to Mongolia?

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.

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How we analyze the market

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. In the past 30 days alone, we analyzed 207 comparisons across 8 amounts.

This page covers the cheapest and fastest options for USD/MNT transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

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.