TransferBoss

TransferBoss, online and app-based money transfer service

TransferBoss is a brand of Centrexcard Limited operating as a registered payment services provider. Its activity focuses on sending and receiving money via the internet, mobile apps for iPhone and Android, agents and ATMs. The service allows users to calculate and compare costs before confirming the transaction, and the recipient receives the amount in a designated bank account or through the channels indicated by the company.

How sending works

The process begins with registration and entering the transfer details. The platform calculates and estimates costs, and allows you to compare prices to know the final amount. TransferBoss accepts debit and credit card payments, and ensures that the details provided remain protected. Sending can be done online or through the mobile apps, and the company states that it does not share its customers' financial details with third parties.

Channels, destinations and currencies

The company allows money to be sent from a wide range of sending countries, including the United Kingdom, Switzerland, Sweden, Spain, Slovenia, Slovakia, Romania, Portugal, Poland, Malta, Luxembourg, Lithuania, Latvia, Italy, Ireland, Hungary, Greece, Germany, France, Finland, Estonia, Denmark, Cyprus, Canada, Bulgaria, Belgium and Austria. The destinations shown in the material are Ghana and Nigeria. Users can send any amount through the various available channels, as indicated by the platform itself.

Regulation and legal framework

TransferBoss is a registered trademark of Centrexcard Limited, a payment services provider fully registered with the UK Financial Conduct Authority (FCA) under number 551128, and with HMRC under number MLR XVML00000214961. In Canada it holds FINTRAC registration number M20074180. Payment services in the European Economic Area (EEA) territory are provided through Belmoney S.A., a payment institution authorised and supervised by the National Bank of Belgium under registration number 0540.745.997, with passport rights to operate in all EEA countries in accordance with PSD2 (Directive (EU) 2015/2366). All payments in the EEA are processed by Belmoney in accordance with Belgian and European law.

Offices and customer service

The company has an office in the United Kingdom, in Glasgow, and another in Canada, in Calgary. Customer service is provided by email and by phone, and also via WhatsApp chat. The company states that its helpline is available to handle enquiries and manage the user's account.

Remittance market context

The company's material notes that the global transfer and remittance market moves more than 350 billion dollars annually according to the World Bank, with the United States as the main sending country. TransferBoss points out that a small part of that market, focused on Africa, is covered by mobile remittances, and that there are opportunities in the Middle East and South Asia. The company presents itself as an easy-to-use, secure, convenient and quick service for sending and receiving money.

Offices and locations

Local UK Office: 48 West George Street Suite 2/3, Glasgow, G2 1BP, UK · Phone: 01412550477 · Email: info@transferboss.com

Local Calgary Office: Email: info@transferboss.com