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Pangea Money Transfer review
An easy-to-use transfer service for sending money to Latin America and Asia
Pangea offers a streamlined and an easy-to-use online and mobile app money transfer service for those who need to send funds to South America and Asia. You’ll see the current exchange rate for your transfer as well as your flat transfer fee before you send money with Pangea, and most funds are sent within 24 hours.
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Within minutes
Fastest Transfer Speed
$20
Minimum Transfer Amount
$2,999
Maximum Transfer Amount
Simple transfers on the go
Sending money to Asia and Latin America is easy with Pangea’s mobile app. Complete a transfer in less than 30 seconds and pay with any US debit card.
Send your first transfer for free with code NOFEEFINDER
Our experience transferring money with Pangea
Here’s what we found when we sent a live transfer to Mexico through Pangea:
- Pangea’s transparent fee structure meant that we paid a flat fee of $4.95, and our competitive exchange rate was within 2.5% of the mid-market rate, with rates updated multiple times a day.
- Pangea’s easy-to-use website allowed us to sign up and initiate a transfer in about 4 minutes.
- While the estimated delivery was 24 hours, our funds were deposited into our recipient’s Mexican bank account immediately.
How much does Pangea Cost?
The fee you’ll pay to transfer funds with Pangea depends on where you’re sending the money and whether you are paying with cash or by debit. The option to pay with cash is only available in Illinois.
| Country | Pay with debit | Pay with a bank account |
|---|---|---|
| Mexico | $4.95 | $0* – $4.95 |
| India | $3.95 – $20.95 | $0*** – $3.95 |
| Philippines | $3.95 | $0* – $3.95 |
| Bangladesh | $4.95 | $0* – $4.95 |
| Colombia | $4.95 | $0* – $4.95 |
| Dominican Republic | $4.95 | $0* – $4.95 |
| El Salvador | $6.95 – $24.95 | $6.95 |
| Guatemala | $4.95 | $0* – $4.95 |
| Honduras | $6.95 – $24.95 | $6.95 |
| Indonesia | $4.99 | $0* – $4.99 |
| Malaysia | $5.99 | $0* – $5.99 |
| Singapore | $5.99 | $0* – $5.99 |
| Thailand | $5.99 | $0* – $5.99 |
| Vietnam | $4.95 | $0* – $4.95 |
*Free when sending with Bank Account on transfers of $500 or more
**Free when sending with Bank account on transfers of $750 or more
***Free when sending with Bank account on transfers of $1,000 or more
Exchange rates
Pangea updates its exchange rates online every day. It skews the exchange rate for a profit, so if the mid-market exchange rate is 1 USD = 18.91 MXN, Pangea might offer a rate of 1 USD = 18.55 MXN.
What types of transfers does Pangea support?
Pangea limits the ways in which you can fund your transfer and how your recipients can receive money.
Sending money
- Debit card. Most transactions will require you to pay with your debit card.
- Bank transfer. Bank-to-bank transfer options are available when sending money to Mexico only.
- Cash. If you live in Illinois, you can pay for your transfer with cash at 7-Elevens.
Receiving money
- Bank transfer. Bank-to-bank transfers are available to recipients in Mexico only.
- Direct deposit to debit card. Direct deposits to a debit card are only available to recipients in select countries.
- Cash pickup. Cash pickup is available in most countries at one of Pangea’s 12,000 locations.
Pangea does not offer the flexibility of rate locks, forward contracts or recurring transfers. You can only send one-off transfers.
How much can I send with Pangea?
When paying with a debit card, you can send between $20 and $2,999 in a single day, with a monthly limit of $6,000. In Illinois, you can pay with cash and send between $20 and $300 per day until you reach a monthly limit of $2,000.
Regardless of what sending method you select, you still have a daily limit of $2,999.
Pangea is not available in all states
If your state of residence is not listed here, you can’t send money with Pangea.
Here are the states where Pangea is NOT available:
- Colorado
- Connecticut
- Iowa
- Kentucky
- Maryland
- Massachusetts
- Minnesota
- Nevada
- New York
- North Dakota
- Ohio
- Oklahoma
- Pennsylvania
- Virginia
- West Virginia
- Wyoming
Here are the states where Pangea is available:
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Kansas
- Lousiana
- Maine
- Michigan
- Mississippi
- Missouri
- Montana
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- North Carolina
- Oregon
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Washington
- Wisconsin
Pros and cons of using Pangea
Pros
- Quick and easy transfers. Whether using your computer or an app, Pangea’s online transfer process is simple and straightforward.
- 12,000 pickup locations. Your recipients can easily pick up their funds at one of Pangea’s many agents worldwide.
- Referral promo. Earn $15 off a future transfer by referring friends.
Cons
- Limited services. If you’re not a resident of one of the 14 states Pangea services, you’ll need to find another provider.
- For individuals only. If you’re a business looking to schedule payments, you’ll need to look at other services.
How does Pangea compare to other services?
Our table lets you compare the services you can use to send money abroad. Compare services on transfer speeds and fees, then click Go to site when you're ready to send.
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How do I send money through Pangea?
Sending money through Pangea is quick and easy online or on the mobile app. To initiate your first transfer:
- Create a free account with your mobile number, full name and address.
- Enter the amount of money you want to send and to which country.
- Review the current exchange rate and your transfer fee.
- Pay using a debit card, bank transfer or cash.
- Your recipient will receive a text message with a unique transfer code to use when picking up cash at one of Pangea’s 12,000 locations.
Next steps
Once you initiate your transfer, you’ll pay with a debit card, bank transfer or cash at a 7-Eleven location in Illinois.
When your transfer is complete, your recipient will get a text message with a transfer code to pick up the cash at one of Pangea’s many locations.
Bottom line
Pangea is a great option if you want to send money to Latin America or Asia, although there are limitations on how you can fund your transfer and how your recipients can receive the funds.
You may be able to find a more competitive exchange rate, depending on your transfer options. It’s not a bad idea to compare your options before making a final decision.
Frequently asked questions
Pangea is not currently available on Finder
Have you considered Wise (TransferWise)?
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
