Transfermate - International Money Transfer Provider Review

Overall 2.50 of 5 view all 2 reviews

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ivorusev
Cunningham, KS

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Send money to anybody anywhere - Money transfers worldwide...

practical, appreciative of good service

Pros

transfer security, privacy, nice currency exchange rates

Cons

slow process 2 to 5 days, easy step-by-step transfers, easy transfer procedure

NOV

2007

     Generally speaking I like the form of the transfers offered by this company, although it is really not the fastest way to send money abroad. Being a supporter of new ideas I find their way of doing this service innovative because of no need to contact any Offices, employees, to stay on lines or to operate with cash. Everything involved in the whole transfer procedure is done over the internet and over the phone just for confirmation.
    They are kind of hard to be found, but if you are looking for alternative of Western Union or Money Gram and search through the internet you will notice their paid advertisements, which by now are mandatory for this company, having in mind that it has to compete with Giants in this business and after all it is a new name.
    So, about the procedure of private money transfer I used personally. The first step I did when I decided to use the services of Transfermate is to choose my specific transfer I want to make. In this case it was a Private money transfer and I just went on with general private money transfer on the site and I had to fill in an application, which by the way was a bit confusing. Anyway, after some thinking I filled the application despite it had no currency field I found out that there is an automatic selection of currency by country which you can select. FYI after talking to the developers it seems now they have this currency field.
Now, the next step was the key of the whole transfer, they gave me their correspondent bank account information and contacts to finish up the whole money transfer. I called them, got to know that everything is in order and I can send the money to their bank account and they will forward the funds to the receivers' account. So I did make an online bank transfer to their account and waited.
    On the next day I got a confirmation that my transfer is done and the money are in the receiver's account. So I waited for a day or two and called the guy I was sending money to and he approved. So everything went fine. I have listed the things I liked about the money transfer and the things that did not make me happy, so I guess that's the whole story I can tell about Transfermate.com. Hope to be helpful.

Transfermate - International Money Transfer Provider is recommended by ivorusev

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conor wrote on Jun 24, 2008 at 4:40PM

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ive used the transfermate.com website several times to send money from uk to france and italy and transfers are done same day. Natwest and Barclays take too long and their exchange rates forced me to try transfermate, all good

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