Transfer Rapid was created to change the way Romanian migrants send money from abroad to their families in Romania.
The company was founded with Anglo-Saxon funds by a group of Romanian professionals who had as a primary objective the development of money transfer services tailored to the needs of Romanians working and living abroad, thus offering a solution to send money to their loved ones using an easier, faster and more secure way!

Beginning in 2005, Transfer Rapid has entered into a successful partnership with CEC Bank, a bank of tradition and legacy with the most extensive branch network, and a brand that the Romanian people trust most. Another achievement worth mentioning is that the European Commission has awarded Transfer Rapid the Seal of Excellence for designing and implementing the Loyalty Card, which enables Receivers to pick up money at one of the 2300+ CEC Bank branches and ATMs using only the Transfer Rapid Loyalty Card. Transfer Rapid represents the standard of excellence in money transfer services from abroad to Romania. Relying on experience and stellar performance gained over more than 17 years, starting in 2019, Transfer Rapid has launched a money transfer service within Romania, that is, between CEC Bank branches.

As a company constantly striving to meet the needs of its customers, Transfer Rapid will soon launch a money transfer service from Romania to other countries of interest. 
 

Absolutely! To date, we have processed over 16 million money transfers without any incidents!

We know how hard you work for your money, and we will work just as hard to ensure  that your money is received securely and promptly.

Transfer Rapid is a licensed, authorized, and regulated Payment Institution by the UK’s Financial Conduct Authority (FCA). Since its inception, Transfer Rapid has developed a successful partnership with CEC Bank, the Romanian bank with the longest tradition and the most extensive network in Romania, pursuing a common goal of offering customers efficient and secure services and products.

Transfer Rapid takes the security of the personal data of its customers very seriously and enforces a rigorous personal data processing policy. Thus, by the provisions stipulated by the European Regulation 2016/679 General Data Protection Regulation (GDPR), Transfer Rapid adheres to strict protection standards of confidentiality and interests of customers who access the Transfer Rapid platform. 
 

In order to transfer money online you need to follow these simple steps:

1. Identity Verification – Transfer Rapid is a financial institution supervised and regulated by the Financial Conduct Authority (FCA) and the National Bank of Romania (NBR), and as such, is required to verify your identity to adhere to its strict regulations. Online identity verification is performed when you first validate your Transfer Rapid account, and all you need is a valid ID and access to a video camera.   

2. Complete Transfer Details:

• Accurately enter the complete name of the Beneficiary for cash pickup at any CEC Bank branches or ATMs. If you want to transfer money to a personal or business bank account, you must enter the Beneficiary’s bank account number (IBAN). 
• Enter the Transfer Amount and the required currency.

3. Payment Processing – you have the option to pay either with a debit or credit card. Make sure that your debit or credit card has the 3-D secure activated for online payments before completing the payment (request your card issuer the 3-D secure activation for online transactions). You can also select the currency in which the Beneficiary can pick up the money or receive it into the bank account. 
Your debit or credit card information is secure with us! We use the best card processing service to protect your account information.
 

4. Transfer Rapid Community – You have multiple benefits once you join our community. You just have to follow the steps on our website and create an account with email address and password.

A Beneficiary can pick up cash at any CEC Bank branch or ATMs, or deposited directly into any bank accounts.
 

Money sent to a business can only be deposited directly into its bank account.
 

A Beneficiary can request from any CEC Bank branch the Transfer Rapid Loyalty Card, which can be used for cash withdrawals at any 24/7 CEC Bank ATM. 

You must present one of the following identity documents to pick up the money at any CEC Bank branches:

• Identity Document
• Permanent Residence Card
• Passport
  
  

The money sent using the Transfer Rapid website or mobile app can be picked up within a few minutes at any CEC Bank branch during business hours or at any CEC Bank 24/7 ATM using the Transfer Rapid Loyalty Card. 
 

Moreover, Transfer Rapid does not charge any additional fees or hidden fees for the speed of the service. Our goal is that you receive your money on time, are satisfied with the quality of our services, and will come back and use our services again. 
 

You can send up to 5,000 EUR or the equivalent in GBP, USD or RON using the Transfer Rapid website or the mobile app.

There are limits on how much money you can transfer, which is established by the legislation of the country where the transfer originates from. We assure you that we will notify you in your Transfer Rapid account when you reach the transfer limit.

You can transfer cash using any of our 400,000 Transfer Rapid worldwide partners. Contact us to find out the location of the nearest Transfer Rapid partner so that you can send cash to your loved ones. Cash can be picked up from any CEC Bank branch or ATM, or you can transfer money to any bank account in Romania by indicating the Beneficiary’s bank account number (IBAN).

Beneficiaries can request the Transfer Rapid Loyalty Card at any CEC Bank branch. 

The Loyalty Card allows customers to withdraw money without using a debit/credit card or bank account. In other words, the money can be picked up from any CEC Bank 24/7/365 ATM using only the Transfer Rapid Loyalty Card.

Moreover, customers with the Loyalty Card can participate in prize drawings. Every money transfer represents an “opportunity point” for a prize drawing. Campaign rules can be reviewed on our website.

Another benefit is that the Transfer Rapid Loyalty Card customers who transfer money between CEC Bank branches receive the 10th transfer free of charge.

The Transfer Rapid Loyalty Card is used to withdraw money transfers from any CEC Bank ATM. Follow these 4 simple steps, and you are on your way to a successful transaction:

Step 1. Select Transfer Rapid and your preferred language, then enter your Loyalty Card number.

Step 2. Enter the amount sent without decimals.

Step 3. Select the option to withdraw the money right away.

*If the money received is in a currency other than RON, you will see the currency exchange rate displayed on the screen. CEC Bank ATMs dispense money only in RON currency. Please go to the nearest CEC Bank branch to receive money in the transferred currency. 

Step 4. Take the receipt and money.

Sometimes, online payments using a debit or credit card are canceled due to the following reasons:

1) The bank that issued your debit or credit card declined the payment because you have: 

• insufficient funds in your bank account
• an amount that which exceeded your allotted limit
• your debit/credit card may not have the 3-D Secure activated for online payments.

We recommend contacting your bank representatives or accessing your online bank account to resolve the issue. 

2) By Transfer Rapid

We may only accept an online payment if it complies with the Transfer Rapid rules or the current legislation.

You or the Beneficiary can check the transfer status on our website under Check Transfer Status or contact us by email or phone. 

We certainly offer multiple benefits to all our Transfer Rapid community members, and we invite you to join us by creating an account with your email address and password. Here is a glimpse at some of the benefits that our Transfer Rapid community members enjoy:

• online money transfers in EURO, GBP, or RON
• money transfer up to 5000 EUR, or the equivalent in GBP, USD or RON
• competitive fees and exchange rates, and no hidden costs
• secure system for saving your debit or credit card information for quick payments
• one-time identity verification process
• option to save payment templates for your recurrent Receivers, and effortlessly manage your money transfer history
• money transfer status notifications and text messages
• free consultations for tax refund services
• eligibility for rewards, prizes, discounts, gifts, special offers, and much more