You can also send dollars internationally to Mexico, India, the Philippines and more than 190 a lot more countries by way of MoneyGram. So if you are organizing to send big amounts of income then this is a matter of concern. Yes, your income is kept separate to a transfer company’s operational funds, which means you have a improved likelihood of receiving your funds back if they go bust. MoneyGram is licensed as a Income Transmitter by the Banking Department of the State of New York. With TransferWise you’ll get favourable margins in an efficient and intuitive app. It is then feasible to withdraw revenue to your Indian Bank account straight from your Paypal account!