Transfast money transfers review June 2019 |

Review: Transfast international money transfers

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Send reliable international transfers from the US or Canada.

Transfast has been providing money transfer services for more than 25 years, boasting competitive exchange rates. With a simple, straightforward transfer process, Transfast sets a locked-in online exchange rate, updated daily, so that the exchange rate you see when you initiate your transfer is guaranteed. You can send money online or through a mobile app.

Product NameTransfast
Min. Transfer Amount$50
Max. Transfer Amount$10,000
Transfer Methods
Transfer Options
One off payments
Transfer Speed
Minimum transfer time
6 or more days
Customer Service
Phone, Chat, Email
Exchange Rate UpdatesDaily

Choose from several delivery options

Transfast offers transfers from only the US and Canada, and only transfers money to a limited number of countries. But if your desired country is on Transfast’s list of available countries, its strong exchange rates and good reputation make it a solid choice. Its many delivery options are also appealing. Choose from bank transfer, cash pickup, home delivery and more.

Here’s what we found when we attempted to send live transfers to Mexico and France through Transfast:

  • We were able to sign up and initiate a transfer in about 5.5 minutes.
  • However, Transfast was not able to successfully complete either of our transfers due to “security reasons.”
  • Customer service wasn’t able to disclose what these security concerns were that effectively cancelled our transfers.

How much will I pay to send money with Transfast?

Transfast doesn’t advertise a specific fee per transfer on its website, but fees vary based on where you’re sending money, how much you’re sending and your payment method, among other factors.

Exchange rates

Transfast offers competitive exchange rates that it updates daily online. These rates could be be within 1% of the mid-market rate, which means more money in your pocket.

Let’s say that you want to send $1,000 as a graduation gift to your niece in Italy. If the mid-market exchange rate for US dollars to euros is 1 USD = 0.94 EUR, Transfast might offer an exchange rate of 1 USD = 0.92 EUR. Your family member would receive 920.50 EUR, which is a stronger rate than some other online money transfer services might offer.

Rest assured that the exchange rate you see when you initiate your transfer is the rate you’ll get once the process is complete.

What types of transfers does Transfast support?

Transfast only offers one-off transfers. But you can select from a variety of payment and pickup options when sending money overseas.

Payment options

  • Bank account
  • Credit or debit card

Pick up options

  • Bank transfer
  • Cash pickup
  • Home delivery (in select destinations)
  • Deposit to a cash card
  • Bill payment (in select destinations)

The pros and cons of using Transfast


  • Simple transfer process. From start to finish, Transfast strives for easy international transfers for you and your recipient to more than 50 countries.
  • Competitive exchange rates. Transfast boasts some of the best exchange rates in the business.
  • Trusted by users. Transfast garners a four-star rating on TrustPilot.


  • Limited service. If you’re not a resident of one of the 35 or so US states Transfast services, you’ll need to find another money transfer provider.
  • For individuals only. If you’re a business looking to schedule payments, you’ll need to find another money transfer service.
  • No live chat. You’ll need to call or email for questions or help.
  • No flexible transfer options. Transfast doesn’t offer the flexibility of rate locks, forward contracts or recurring transfers.

How does Transfast compare to other services?

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 0 3 - 5 days USD 0.00 0.879 EUR 4,396 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
USD 1 1 - 2 days USD 0.00 0.886 EUR
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
USD 1 Within an hour USD 0.00 0.874 EUR 4,372 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
USD 1,000 1 day USD 0.00 0.877 EUR 4,387 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
GBP 1,000 1 - 2 days USD 0.00 0.883 EUR 4,414 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.
Go to site Show details
USD 5,000 1 day USD 0.00 0.871 EUR 4,356 Venstar will support you through the entire process of your international transactions, from start to finish. Go to site Show details
USD 50 1 - 2 days USD 0.00 0.871 EUR 4,356 Simple, zero-margin exchange rates, plus earn loyalty points on sign up, referral and every transaction. Go to site Show details

Compare up to 4 providers

How do I send money through Transfast?

Transfast strives for an easy process that you can complete quickly. We were able to sign up and initiate a transfer in 5.5 minutes.

4. Enter your recipient’s information and delivery method.
5. Pay for your transfer via bank account, credit card or debit card.
6. Review and confirm your transaction.

Next steps

Once you complete your transfer, you can track the progress of the transaction at any time by logging in to your account online or using Transfast’s mobile app, where you can also view the estimated delivery date of your transfer.

Bottom line

With up-to-date exchange rates, Transfast can help you save when sending money abroad. Depending on the country you’re sending money to and your location, you may want to compare your options to make sure you’re getting the best deal.

Frequently asked questions about Transfast

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US International Money Transfers Offers

Important Information*
Logo for XE Money Transfer
XE Money Transfer

Offering no maximum and no minimum limit transfers with $0 fees.

Logo for WorldRemit International Money Transfers
WorldRemit International Money Transfers

Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

Logo for TransferWise

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

Logo for CurrencyTransfer

Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.

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16 Responses

  1. Default Gravatar
    TaiwoMay 31, 2019

    How long will it take the security team to release the money sent to my account through transfast?

    • Avatarfinder Customer Care
      BellaJune 1, 2019Staff

      Hi Taiwo,

      Thanks for your inquiry.

      As per Transfast, it will take 3-5 business days to receive the transferred money into your account. You can check the status of the transaction, by logging into your account online or through the mobile app and go to your dashboard.

      I hope it helps.

      Kind regards,

  2. Default Gravatar
    ClintMay 3, 2019

    Is it possible can I withdraw money even there s no senders name only transfast control number

    • Avatarfinder Customer Care
      BellaMay 3, 2019Staff

      Hi Clint,

      Thanks for your inquiry.

      Unfortunately, no. You need the sender’s name together with the control number in claiming the money from Transfast agent locations.

      I hope this helps.

      Kind regards,

  3. Default Gravatar
    VilleMarch 29, 2019

    Can money send via Transfast be picked up at Moneygram? With Transfast reference number.

    • Avatarfinder Customer Care
      EllieMarch 29, 2019Staff

      Hi Ville,

      Thanks for getting in touch with Finder.

      Upon checking, it’s not going to work with MoneyGram. You can only pick up the funds transferred through Transfast participating branch location. I hope this helps.

      Kind regards,

  4. Default Gravatar
    KingsleyMarch 13, 2019

    How do I use transfast to send money to Nigeria without having a back account

    • Avatarfinder Customer Care
      johnbasanesMarch 14, 2019Staff

      Hi Kingsley,

      Thank you for reaching out to Finder.

      IF you are sending money via Transfast, you could only use a Credit/Debit card if you do not have a bank account available. A prepaid debit card would be useful in this transaction. Hope this helps!


  5. Default Gravatar
    FlocaJanuary 28, 2019

    I want to know if I can send $2500 to Nigeria through Transfast. And, can I go to any of the Transfast outlets to make the transfer because I can’t use the app on my phone?

    • Avatarfinder Customer Care
      JhezJanuary 29, 2019Staff

      Hi Floca,

      Thank you for your comment.

      Yes, you can send that amount to Nigeria through Transfast. You can also visit Transfast outlets to transact, either sending or receiving money. For further details, you can also verify this by contacting Transfast support directly.


  6. Default Gravatar
    SigridNovember 25, 2018

    Where can I find transfast in Belgium or how can I send money with transfast?

    • Avatarfinder Customer Care
      JoshuaNovember 25, 2018Staff

      Hi Sigrid,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      Upon checking, Transfast isn’t available in Belgium. Thankfully, we have a guide on how you can send money to Belgium from the US. On the same page, you will see a comparison table of available service providers. Use that table to know the right provider for you. Click on the “Go to site” green button of your chosen provider once you found the right one for you.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!


  7. Default Gravatar
    RevSeptember 17, 2018

    Where can i receive transfast money in Lagos,Nigeria.

    • Avatarfinder Customer Care
      BellaSeptember 17, 2018Staff

      Hi Rev,

      Thanks for your inquiry.

      You may check out the Transfast pickup locations on this page.

      I hope this information helped. Please feel free to message us again for the further question.

      Kind regards,

  8. Default Gravatar
    RENEAugust 15, 2018

    Would I like to know if transfast exists in Benin?

    Can one, withdraw money by transfast at the post office of Benin?

    • Avatarfinder Customer Care
      AshAugust 17, 2018Staff

      Hello Rene,

      Thank you for reaching out to finder.

      Yes, Transfast is available in Benin but withdrawing/ claiming the remittance from a Post Office is not available. You may only withdraw the sent money through your Bank Account or Cash Pick up.

      I hope this helps.

      Let us know if you have additional questions.


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