Pangea Money Transfer

Pangea Money Transfer: international money transfers from the United States

Pangea Money Transfer is an international transfer platform that allows you to send money from the United States to 24 countries in Latin America, Asia, Africa, and Europe. Its focus is on low fees, competitive exchange rates, and no hidden costs, with real-time tracking of transactions.

Destinations and coverage

The service allows you to send money from the United States to the following countries, according to information published by the company:

• Latin America: Mexico, Colombia, Guatemala, El Salvador, Honduras, and the Dominican Republic.
• Asia: Philippines, India, Bangladesh, Indonesia, Malaysia, Nepal, Singapore, Thailand, and Vietnam.
• Africa: Burkina Faso, Ivory Coast, Ghana, Kenya, Senegal, and Uganda.
• Europe: France, Germany, and Italy.

Sending is available from all U.S. states except Massachusetts.

Payment and receiving methods

To pay for a transfer, the platform accepts U.S.-issued Visa and Mastercard debit and credit cards, as well as transfers from U.S. bank accounts. Credit card payments may incur an additional processing fee. Transfers paid with a debit or credit card usually arrive within minutes, while those made from a bank account typically take 3 to 4 business days. Paying directly from a U.S. bank account offers a better exchange rate.

The recipient can receive the money via bank account deposit, debit card deposit, mobile wallet, cash pickup at a participating payment location, or bill payment. Receiving methods vary by country.

How it works and tracking

The sending process consists of three steps: enter the amount to see the exchange rate, fees, and what the recipient will receive; add the recipient's details and choose the delivery and payment method; and confirm and send the transfer, which can be tracked in real time. The company states that transfers usually arrive within minutes, although they may be delayed if additional verification is required or if there are issues at the receiving location.

The platform includes a dashboard where users can view transfer history, totals, and recipients, as well as track monthly activity. There is a mobile app for sending money from your phone.

Fees and limits

Fees vary by destination country and payment method. The company offers an exchange rate calculator to check fees and the applicable rate in real time. For new customers, the site displayed a special rate and the possibility of making the first transfer with no fee. Larger transfers may access better rates and transfer limits of up to $30,000 USD.

Security and regulation

Pangea Money Transfer presents itself as a money transfer service registered with the U.S. Department of the Treasury, subject to state and federal regulations. The company states that it uses industry-standard encryption (SSL), complies with PCI regulations for transactions, applies multi-factor authentication, and monitors transactions to detect and prevent fraud. It also offers real-time notifications on the status of each transfer.

Customer service

Customer support is available in English and Spanish, seven days a week, from 8:00 a.m. to 10:00 p.m. CST.