Transfast - Independent Review
Transfast services to India, the Philippines and 49 other countries reviewed by experts
Low fees and great, locked-in exchange rates Large network of +200,000 payout locations in the World Instant deposit to partner banks in India, Philippines and more
Transfast (formerly known as Trans-Fast) is an international money transfer company founded in 1988. Through its website and mobile apps (Android and Apple), you can send money from the US and Canada to 51 countries in the world 24/7. Their support is available by chat, phone and email, and Transfast provide a money back guarantee if your money is not delivered.
You can pay for your money transfer in US dollars (USD) or Canadian dollars (CAD) via a bank transfer, or pay by debit or credit card. You can choose between various pay-out methods such as bank deposit, cash pickup, cash home delivery, deposit to a cash card, bill payment when available. For cash pickup you can send money to a network of over 200,000 agent locations in the world, thanks to Transfast partnerships with many banks and retail locations.
Transfast’s exchange rates are locked in, meaning that the exchange rate you see when you make your transfer is the same exchange rate that will be applied to your money transfer. No surprises.
With almost 30 years in business, Transfast is a serious and trustworthy digital alternative to the traditional money transfer services or banks. Transfast offers very competitive prices, a strong customer support, and an extensive payout network. You should not expect any additional services or fuss, it’s to the point and effective.
2 days ago
Easy and reliable
4 days ago
Customer service were splendid and easy to talk to. transaction was fast and I had no issue what so ever.
4 days ago
by sanmmy romeo
I had to send to money my brother outside the USA....even tho the money was much they made sure they verified I was the on sending the money and my...Read more
I had to send to money my brother outside the USA....even tho the money was much they made sure they verified I was the on sending the money and my account wasn’t use for fraud....and it was very fast and efficient will definitely keep using and recommend
4 days ago
by Shea W.
Very fast and convenient service I love Transfast !!!
Excellent service. Trustworthy and reliable. I only hope that additional countries are added to the list of countries you serve. Great experience...Read more
Excellent service. Trustworthy and reliable. I only hope that additional countries are added to the list of countries you serve. Great experience utilizing Transfast.
by Derick Isaac
for the instant transfer, the exchange rate deduction is mean.
Money is taking longer than a week to transfer whereas it is being deducted from my account next day. Same receipent I sent money before and received in 3...Read more
Money is taking longer than a week to transfer whereas it is being deducted from my account next day. Same receipent I sent money before and received in 3 days so Transfast is not consistent! I am still waiting money to reach that is needed for surgery. I will never trust transfast as it happened 4 th time!
by Zubair Patel
Good service and good exchange rate but you can't do multiple transfer, at any given time only one transfer can be in process.
Consistent service and quality and of course great rates. One amazing thing is they have a phone line that is always open basically a zero wait time and...Read more
Consistent service and quality and of course great rates. One amazing thing is they have a phone line that is always open basically a zero wait time and that is important when dealing with monetary transactions. The one improvement I would like to see is maybe push notifications for app so notify you when transaction is finished rather than having to login often to check it on your own but that is just a nice to have.
by Maria Leonora Wilcox
Great Transaction! Fast and Convenient! Trusted Remitance and Highly Recommended
by Mcs 0528
Very nice service.Quick and reliable service.
by Harry S
Fast, reliable, and economical. I highly recommend Transfast.
by Bruce hendrickson
Transfast has been the easiest and fastest money transfer service I have ever used. I also like how their exchange rates are above average consistently. I...Read more
Transfast has been the easiest and fastest money transfer service I have ever used. I also like how their exchange rates are above average consistently. I have been using transfast for a few years now. And I have never been disappointed. Great company, Great service, and Great results!
by C. N.
Very fast and easy! My new go-to for sending money internationally! Highly recommended! Thanks!
by Vebi Vb
At first the process is kinda complicated die to the security checked. I wasn't able to pick up the phone due to tight up.with some meetings in the office...Read more
At first the process is kinda complicated die to the security checked. I wasn't able to pick up the phone due to tight up.with some meetings in the office and a few minutes later they rejected my transaction without 2nd follow up. It was sad since I need the money for my parents overseas after waiting for 3-4days for nothing. I called the customer service they reason of the rejection and asked them to please continue making the transfer but that's not possible . They suggested me to try again and I did. I don't want to miss the security check anymore so that the transaction can be push thru. The security checked all the details and yeah.. after the complications in the first transaction I can find finally do the 2nd and 3rd transactions without any problems and indeed ... It was really fast. Sometimes my mom in Indonesia get the money 2 days after I transfer from USA. The currency is not too bad. Transfast do a good job by screening all the background as their security check and yeah.. I am happy with their service. Transfast ... Is a real Transfer Fast
by Bryan Luoma
I've been using Transfast for a long time and have had no issues and have been impressed by their customer service. I'd recommend to everyone.
by Shea W.
Very fast transfer method I love Transfast
by Antonia M
Excellent service, very reliable and will use again. There rates are reasonable and the money is always delivered on time.
by Ed Colliton
TRANSFAST is fast and reliable. It is a pleasure to do business with TRANSFAST. TRANSFAST has an outstanding Customer Service team too!
Transfast has improved a lot over the 1 to 2 years I have used their service. If you need a reliable trustworthy company that will help you obtain a worry...Read more
Transfast has improved a lot over the 1 to 2 years I have used their service. If you need a reliable trustworthy company that will help you obtain a worry free transfer then Transfast is a great option. I have never had missing funds for any transfers and I have done numerous transfers. Also they have a phone line where you can actually talk to real people so that is a awesome plus. The dashboard is clean and easy to navigate and you can track progress of your transfer and the fast track is great when you need same day or within 1 day transfers. At this point Transfast also has the best exchange rates I have seen with any company. Bottom line you would be putting yourself at an advantage to at least try their service and I can almost promise you that if you get the same service I have received you will never use another transfer company outside of Transfast.
by Narcis Paruntu
The interface is often difficult to use and I needed to send $800, but had to divide up to four times and kept being told that was because bank would not...Read more
The interface is often difficult to use and I needed to send $800, but had to divide up to four times and kept being told that was because bank would not accept the direct transfers and would only allow $200 in cash per day. The bank told me otherwise. For normal lower amounts it works ok and fees are reasonable.
by Antonio Fuentes
Fast and easy way to send money to your family 24/7, highly recommend.
by David Gatling
Great company providing excellent secure services at a reasonable fee. I would and will recommend TRANSFAST to anyone, friends and family
by Kenneth G Zeitlin
A very fast, accurate, secure method to transfer funds overseas.
by Kim Toro
It's a great alternative to send money to other countries.
by Janz Bosque
Facilitate my request better
by Kehinde Irabor
Fund was delivered a business day before expected delivery date.
Funds were transferred faster than I expected. Easy online transactions.
by Dayanara Duron
I've been working with Transfast for over a year now. I've never had a problem with my transfer, and they require proper documentation to make sure...Read more
I've been working with Transfast for over a year now. I've never had a problem with my transfer, and they require proper documentation to make sure everything is legit. Their customer service is great, you can call, email or even chat with them.
by sufiyan ayub
My brother sent me money from Canada through TRANSFAST but i didn't get money.The agent told me that you are under 18. I only want to know that is there...Read more
My brother sent me money from Canada through TRANSFAST but i didn't get money.The agent told me that you are under 18. I only want to know that is there any age problem in sending and receiving money.
Transfast is a licensed money transmitter in 37 US states, 5 Canadian provinces, in the EU, and in India.
Transfast takes the security of your money seriously, with a 256-bit encryption of your data, a Norton Secured website and TRUSTe certificate. They will process every transfer using the Verified Visa and MasterCard SecureCode services.
Almost 10% of its workforce is employed in the compliance department to avoid fraud and money laundering.
Transfast is a private company, backed by GCP Capital Partners, a $1.3 billion private equity firm. The company has been in business for almost 30 years, and received various awards such as Kalahari’s “Best Remittance Service Award”.
Transfast is trusted by millions of customers and process over $6.8 billion in transfers annually. 2,327 customers gave Transfast a “Good” rating on TrustPilot with 4 out of 5 stars.
1. Select the country you’re sending money to and the amount you would like to transfer.
2. Select the service you would like to use between Value+ and Fastrack (quicker but more expensive).
3. Create an account and enter the recipient and payout informations.
4. Fund your money transfer. You can choose between a bank transfer or paying by debit or credit card.
Some transfers might be held for a brief period because Transfast might need to verify a few things from a fraud and compliance standpoint. You might also need to verify your identity and share some documents (Social Security Number, Driver’s License or Passport, and proof of funds)
|Time to open an account||-|
|Advanced currency contracts||No|
|Type of service provider||Online money transfer operators|