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Pangea Money Transfer Review- A Fast & Simple way of Money Transfer 2023
Pangea Money Transfer Review by Exchange Rate IQ
Overall rating
8
/10
We at Exchange Rate IQ, compare multiple money transfer companies and provide the unbiased and independent review on them. The same we have bought you for Pangea Money Transfer, which offers an easy-to-use online as well as mobile app international money transfer services to its customers.
Pangea is a US-based money remittance service provider which offers its services in 26 US states to send money to 15 countries in Latin America and Asia. The company offers easy-to-use website as well as mobile application with flat fee to send money. Some of the benefits of using Pangea Money Transfer are:
- Easy and Quick Transfers
- More than 12,000 Pickup Locations
- Flat Fee
Review of Pangea Money Transfer :
Pangea Money Transfer was founded in the year 2012 to provide fast, simple, fair and secure transactions. The company offers transfer from 26 US states to 15 countries of Latin America and Asia. It offers mid-price market rates to the customers, which get locked when a customer starts the transaction. The company has already set up minimum and maximum transfer limit, these are:
Pangea Minimum Limit: $20 (Daily)
Pangea Maximum Limit: $2,999 (Daily)/ $6,000 (Monthly)
This limit gets refreshed in every 30 days. However, if you are sending money through 7Eleven (Pangea cash pickup service), you can transfer up to $300.
One can transfer the funds from Pangea using a bank account, debit card as well as 7Eleven cash pickup locations. The fees for transferring funds differ from country to country. For example, the fee of transferring funds from the US to Mexico cost the US $4.95 per transfer, but to India, it costs $3.95 and to China, it’s $8.
The company does not provide 24*7 customer support. One can call them between the working hours regarding any query or can send the email.
So, on an overall basis, we rate it 8 out of 10.
Pricing : How much does Pangea Money Transfer cost?
7
/10
Pangea Money Transfer Fee:
The fee remains the same when you transfer funds through Pangea, but it changes on the basis of the country you are sending money to. This also changes on the basis of payment, i.e., bank, cash, debit or credit card. The transfer amount from are least which falls in between $2.99 to $5.99. Fees for other modes are shown in the table under:
Pangea Money Transfer Fees
| Country | Pay with Debit/Credit Card | Pay with Cash |
|---|---|---|
| Mexico | $4.95 | $5.99 |
| China | $8.00 | $5.99 |
| India | $3.95 | $5.99 |
| Philippines | $4.95 | $5.99 |
| Bangladesh | $4.95 | $5.99 |
| Colombia | $4.95 | $5.99 |
| Dominican Republic | $4.95 | $5.99 |
| El Salvador | $6.95 | $5.99 |
| Guatemala | $4.95 | $5.99 |
| Honduras | $6.95 | $5.99 |
| Indonesia | $4.99 | $5.99 |
| Malaysia | $5.99 | $5.99 |
| Singapore | $5.99 | $5.99 |
| Thailand | $5.99 | $5.99 |
| Vietnam | $5.99 | $5.99 |
Pangea Money Transfer Exchange Rate
The company offers mid-market prices, which are already locked every day and displayed in advance. However, it changes the rates several times a day, according to the market. But as the rates displayed already, you will know how much amount will be received by the recipient. Pangea Money Transfer follows the standard practice of taking a margin on the exchange rate. This means the exchange rate offered to customers is not always as good as the real mid-market exchange rates. So, you might get better rates from any other company depending on the company’s profit margin.
The experts of Exchange Rate IQ provide 7 out of 10 to the company under pricing head, as many of its competitors also offer free transfer as well as better exchange rates.
Transparency: Does Pangea Money Transfer have any hidden fees?
8
/10
Pangea Hidden Fee
The company does not have any hidden fees as it is highly transparent with its fee. It does not charge any fee in the transaction and the money is shown in the transaction page will be received by the recipient.
Pangea Tracking Details
The company does not provide any transaction number, but it provides the details of the transaction on the dashboard. So, one can check all the details of transfer by logging in their account.
The company has no hidden fees, but also not any direct transaction tracking procedure. So, we rate it 8 out of 10 in the transparency head.
Transfer Speed: How long does it take to send money through Pangea Money Transfer?
8/10
The transfers from Pangea usually take on the same day if you have done the transfer through Debit or credit card or through cash pickup. If you have chosen the bank account transfer than the recipient will receive the amount in 1-2 working days depending on the country as well as working hours of the country.
So, if there is an emergency, then you should transfer the funds through debit and credit card rather than doing it through the bank account.
The transfer speed of the company is fast, but many of its competitors provide instant transfers too. Therefore, we rate it 8 out of 10 under this head.
Coverage: How many Countries & Currencies does Pangea Money Transfer support?
6/10
One can send money from the USA to Latin America and Asian countries. One can send the money to the following countries using the services of Pangea Money Transfer
- Mexico
- China
- India
- Philippines
- Bangladesh
- Colombia
- Dominican Republic
- El Salvador
- Guatemala
- Honduras
- Indonesia
- Malaysia
- Singapore
- Thailand
- Vietnam
However, the company does not offer its services in all the states of America. One cannot transfer the funds if they are living in the following states:
- Colorado
- Connecticut
- Iowa
- Kentucky
- Lousiana
- Maryland
- Massachusetts
- Minnesota
- Nevada
- New York
- North Dakota
- Ohio
- Oklahoma
- Pennsylvania
- Virginia
- West Virginia
- Wyoming
The company offers transfer only from the USA but that also not from all the states. This shows that the company is not providing coverage to many countries and currencies, so, we rate it 6 out of 10. Start using the services of Pangea Money Transfer sign up here.
Pangea Money Transfer Promo Codes & Offers
All Countries
Get $10 for every friend who sends money with Pangea
Pangea Money Transfer Transfer Process
Pangea Money Transfer- How it works?
Go to Pangea Money Transfer website.
Select the country where you want to send the funds and you will be redirected to a new page.
Here enter the amount you want to send, and the company will show the live exchange rate.
Click on “Send Money Now”.
Enter the mobile number and then set a password as well as email.
Enter the details of recipient.
Enter the payment mode, i.e., bank, debit or credit card.
Re-check all the details and confirm transfer.
You can further track transfers on your dashboard.
User experience of Pangea Money Transfer
8/10
Pangea is a very responsive website. When you enter the country, it will show the details of mid-market exchange rates including the fee. The company is also providing FAQs which provide the answers to all the important questions. Some of the positive and negative aspects of the company according to customers are:
Positive:
- Speedy transfers
- Simple transfer procedure
Negative:
- Daily and monthly sending and receiving limits
Pangea Customer Support:
Pangea Money Transfer customer services are available in working hours between 9 am to 6 pm CST.
Pangea Money Transfer Contact Number: +1 866-858-9928
Pangea Money Transfer Email Address: [email protected]
Pangea Money Transfer Refer a Friend:
The company provides a unique link to share with your friends and invite them to use the services of it. When they use it for the first time to transfer funds using your invite code, you will earn up to $10.
Pangea Money Transfer Promo Code:
The company provides promo code to its users through notification, SMS and email, which can be used to take a discount on the transfer fee.
Pangea Money Transfer App:
The company offers mobile apps for its users so that they can transfer funds easily in few clicks and make its services handy. You can download the apps here:
The company is a great option if you send money to Asia or Latin America. Although, there are some limitations on how the funds can be transferred and received by the recipient. So, we rate it 8 out of 10 for its user experience. So, for using the services of Pangea Money Transfer login here.
Security : Is Pangea Money Transfer Safe?
9/10
The company has been authorized by various laws in the 26 states of the USA. Pangea Money Transfer is also subject to the laws where it is transferring the funds. The company reserves the right to transfer any and all information that we collect to any third party in the event of any reorganization, merger, sale, joint venture, assignment, transfer or other disposition of all or any portion of our business, assets or stock.
So, for the security, we rate it 9 out of 10, as it is regulated by various laws.
Transfer Type And Modes
Pay In Options
| Bank |
| Debit Card |
Pay Out Options
| Bank |
Service Mode
|
At Branch
|
Exchange Rate Type
| Fixed |
Pangea Money Transfer FAQ's
How much money can I send through Pangea Money Transfer?
You can send an amount between $20 to $2,999 from a bank account or debit card. If you pay through 7-Eleven, you can send between $20 and $300. The company has set a monthly limit of $6,000 if you pay with a debit card and $2,000 if you transfer using the services of 7-Eleven.
Does Pangea have any referral code?
Pangea Money Transfer provides unique invite code to its users and if you send the invite code to any other person and he/she uses its services as well as transfer money using the invite code then they will get credited with $10 and your Pangea account will get credited by $10.
Where cash payments are available in the US?
Cash payments through Pangea Money Transfer are only available at Illinois in the US currently.
Alternatives to Pangea Money Transfer
Pangea Money Transfer User Reviews and Ratings
Pangea is so easy to use
Pangea is so easy to use, they offer the best rates and the money is delivered on the date promised.
Great the money it’s there in no time…
Great the money it’s there in no time awsom
You stopped sending my transfers for…
You stopped sending my transfers for some unknown reasons.
Me gusta su forma de trabajar de ustedes
Me gusta su forma de trabajar de ustedes
