USA INR

₹ 64.09

USA PHP

₱ 48.70

USA PKR

Rs. 103.22

HIGHLIGHTS

Transfast is a leading online money transfer service that offers highly competitive exchange rates, low fees and impressive transfer times, all secured with a money-back guarantee and 24×7 customer support. You may want to consider Transfast as your essential stop for remittance services.  TRANSFAST started its money transfer service from the US/CANADA to India in October, 2012.

With more than 25 years in the money transfer industry, you can count on TRANSFAST to get your money to family and friends quickly and safely. TransFast is a private company headquartered in financial capital of world, New York City and backed by a two billion dollar private equity fund. You can deposit instantly into bank accounts at major banks such as HDFC, YES Bank and many more with TRANSFAST – and if friends and family prefer to pick up cash, no problem. TRANSFAST has over 30,000 cash pick-up locations across India. Our pick-up network boasts both banking and non-banking organizations, including Muthoot Group, Centrum, Kotak Bank, Popular Finance and Ahalia Exchange.

Transfast believes the remittance process should be seamless and transparent for the user. With processes in place to make money transfer more convenient and secure, Transfast has built and continues to build a strong network of partners and offer its services for millions of transactions around the globe.

What's Good About TransFast Money Transfer

100% Money-back Guarantee
Instant Bank Deposits to Major Banks including HDFC, AXIS, KOTAK BANK and more
Highly Competitive Exchange Rates & $0 Fee When Sending Over $1,000
Pick up cash at over 300,000 payout partners across India

 

FEATURES (Currently showing rates for USA to INR change )

Today's Rate
$ Amount
₹ Exchange Rate
$0 - $2950
₹64.09*
Exchange Rate Type
Locked-in
Transfer Fee
Bank Account
$ Amount
₹ Fee
Up to $2950
$0.00
Debit / Credit card
$ Amount
₹ Fee
$50 - $100
$9.99
$101 - $250
$14.99
$251 - $500
$19.99
$501 - $750
$24.99
$751 - $1000
$29.99
$1001 - $1500
$39.99
$1501 - $2950
$39.99
Transfer Time
Bank Deposit
3 Days
Transfer Type
  • Credit Card/Debit Card
  • ACH Transfer
Daily Transfer Limit
$2,950 – Higher Limits Available
Receiving Method
  • Bank Deposit
Customer Service Info
1 (888) 973-6383
Company Headquarter
New York, NY, USA
Company Type
Remittance Providers
Mobile App
Company Established
1988
Text Update (SMS)
No
Email Updates
Yes
Provider's FAQs
Referral Program
Yes
Key Feature
  • High Locked-in Online Exchange Rates: We pass on our great rates directly to you, so your recipient gets more with each transfer.
  • Low Transfer Fees: We have some of the lowest transfer fees online.
    Guaranteed Security & Privacy: Our site uses Symantec Website Security Solutions, which includes industry-leading SSL, certificate management, vulnerability assessment and malware scanning.
  • 100% Money Back Guarantee: If your online money transfer is not completed or delivered after you have funded the transaction, you may request a cancellation of the transaction and you will be refunded your payment in full.
  • Choice in Payment Options: You can pay by using your validated bank account, or by credit or debit card.
    24/7 Phone & Online support: We are here 24/7/365 and can be reached by phone, email, or online web chat."
Document Requirements
For transactions amounting to $3,000.00 and above; we will require you to submit:
  • Valid, current Government Issued ID
  • For USA customers – any of the following:
  • Social Security Number (SSN)
  • US Passport (PPT)
  • Employer Identification Number (EIN)
For Canada customers – any of the following:
  • Social Insurance Number (SIN)
  • Canadian Passport (PPT)
If you are not a US or Canadian citizen, you will be required to submit:
  • Valid Foreign Issued Passport

EDITORIAL REVIEW

Established in 1988, Transfast Remittance LLC lives up to its name. The “Fast” in Tran-Fast is significant because it provides only fast money transfer service. The time available to receive money varies from 15 minutes to 24 hours. This is the shortest span available from any money transfer service.

The tenet on which Transfast Money Transfer company operates is the guarantee of the highest locked-in exchange rate compared to the other remittance services. Transfast is dedicated to this guarantee. Transfast claims it will match the rates if the customer submits the proof to Transfast of a better exchange rate available from the competitor.

In order to send money the payment can be made directly from the bank account or the credit and debit cards of the sender. The money can be deposited directly to the bank accounts of recipients. The money can also be picked up in cash from over 10,000 locations in India. It is one of the few money transfer companies that give the option of cash pick-up. In addition to cash pick-up and direct deposit, the option of home delivery is also available. The maximum amount that can be sent through Transfast's money transfer services to India is $2500 that is low compared to the other money transfer services. The funds can be directly transferred from the US bank account or via debit and credit cards. Generally the money is deposited in 24 hours to most banks that includes major names like Axis Bank, HDFC, SBI, ICICI, and more. The money can also be received in cash that can be picked up from over 10,000 locations or delivered to the receiver’s doorstep.

There are many upsides to this service. There is a minimal transfer fee and no fee above the transfer of $1000. The wire transfer fees are taken care of by Transfast. Round the clock customer service and live web chats are additional features of this service. Transfast has strong  agent network that includes both banking and non-banking organizations like Muthoot Group, Kotak Bank, Manappuram Finance, Kosamattam, Popular Finance, and Centrum.

Admittedly, there are no diverse set of services available from Transfast and the transaction limit is low. But Transfast can be described as concise, to the point, fast, and efficient. It is a good service to avail if there is an emergency or if you do not have the patience to wait for a number of days for the fund transfer. It is a trustworthy and fast way of sending money at the best possible exchange rate. 

USER REVIEWS

Vino
Posted on May 25, 2017, 08:10 am

I am using trasfast for the past one year and it was always best option for sending money to India. It is fast, reliable and best network. Also their customer service people are so helpful. In 15 mins money gets transferred to my Indian account.

 
Vin
Posted on May 25, 2017, 08:04 am

I use transfast for the past one year. Always reliable and fast. First time alone it took 2 days to deliver cash to India. But after that it is only 15 mins. I can check my balance online after sending. Fast, reliable and efficient

 
Sandeep Vijayakumar
Posted on May 24, 2017, 08:13 am

Excellent service

 
Sandeep Vijayakumar
Posted on May 24, 2017, 08:10 am

Excellent service

 
Nimesh Doshi
Posted on May 23, 2017, 02:28 am
Transfast
Posted on May 24, 2017, 09:26 am
Nimesh,

We apologize for the recent cancellation of your transactions. As a money transfer company, we are held to strict fraud and compliance regulations which prohibits us from disclosing all of our cancellation reasons. Since this was your first time transferring with us, we always do a full review of the information you provided with your account to make sure everything is validated before moving forward. If you would like to discuss this further, please email feedback@transfast.com and I will get back to you right away.

Thanks,
Your Transfast Team
Nimesh Doshi
Posted on May 24, 2017, 11:22 am
I understand what you said and that's why I demanded to talk to a manager or get a call back when the manager is available in order to obtain clarity, to which your agent replied it cannot be done. I would like to discuss this but if it's only going to be waste of my time, with no resolution then I'll appreciate you not waste either of our time but if you genuinely care about your customers, I'd like to operate my account and know what can be done further. There are plenty of other sites which I can use to transfer money and at the same time, keep others informed about my experience with Transfast and others.

Thanks

Pathetic! Made an account, tried to transfer 2 times in 2 days, both tries were cancelled immediately and on contacting the service agent, they reply that they cannot disclose the reason of rejection. I believe as a customer i have the right to know why was the transaction cancelled in few seconds, on what basis did the system reject? But they are not ready to answer, they are not ready to create a service request for me and on demanding to talk to the manager, they denied it on repeatedly asking it, would recommend everyone not to use this and waste your time. It is a scam to collect customer data. They said I cannot use my account any more and I should delete it.

 
Anitha
Posted on May 18, 2017, 05:43 am

I am using Transfast from past 2 years. It gives higher rate than any other products.

 
Muthu
Posted on May 17, 2017, 07:30 am

I was using many currency exchage, everthing is a scam. They used to charge $10 to $15 for each transactions. After my friend suggested, I started sending money to India from Transfast. It is easy and fast. More over there is not transaction fee, when the amount is more than $1000. Even the rate is better than other currency exchage.

 
Amit Shah
Posted on May 15, 2017, 12:55 pm
Transfast
Posted on May 16, 2017, 08:40 am
Amit,

We are sorry for the recent cancellation of your transaction. Since this was your first transaction with us, our Account Security Group performs a thorough review of all the information you provided to check its authenticity. Please review your account details to make sure all of your information is correct. If you would like to make another transaction with us, once initiated send your transaction number to feedback@transfast.com so we can give you a status update.

Thanks,
Your Transfast Team
Amit Shah
Posted on May 16, 2017, 08:47 am
Thanks!!! But I had lost the exchange rate which I was getting on that day. Also, if the Account security team requires additional information while you do your first transaction, then make it as mandatory and take all the documents which you might require to proceed with the transaction. Cancelling the transaction is not at all professional approach.

After reading some good review, I took the chance of trying Transfast, I transferred in the evening and next day morning my transaction got cancelled, with no justification provided. Not at all Professional way to doing business. Might be because the exchange rate as gone down, otherwise I believe they would have kept the things on hold if any additional document was required.

 
Varun
Posted on May 12, 2017, 07:49 am

Pretty good service. Decent conversion rate. Consistent performance.

 
Thiyagarajan
Posted on May 10, 2017, 07:49 am

Overall experience with Transfast is Great and realiable.