Instant Cash Money Transfer (Instant Cash) is a global money transfer service headquartered in the United Arab Emirates. The service allows you to send money conveniently and fast to select African countries.
At INSTANT CASH, we stand behind our services so when we feature Instant Transfers, that’s exactly what our customers get: speedy transactions. From handing over funds in one country to receiving funds in another distant country, all it takes is a matter of minutes, including authorization and delivery. Funds in a flash? You’ve come to the right place!
How Instant Cash Works
One big difference between Instant Cash and many other international money transfer services is that online registration is not available at the moment. The website says this service will be available soon. There is also no Android or iOS Instant Cash app. To use Instant Cash service, you must visit the nearest Instant Cash agent and fill out the form at the counter. The agent will guide you through the transfer procedure. You need to visit their agent with your official ID. Find out Instant Cash agent locations.
How to Pay and Receive for Instant Cash Transfers
To fund your transfers via Instant Cash agents, you need to pay in cash. However, your recipients can receive the money into their bank accounts, mobile money wallets, and cash pickup at Instant Cash agents locations. To receive cash, you need to give your beneficiary Instant Cash Transaction Code (ICTC).
How Long Does Instant Cash Transfers Take?
Instant Cash website says all transfers are instant. However, bank transfer speed is usually determined by many other factors that may be outside Instant Cash control. Transfers to a bank account may take between 1 to 2 days. Cash pickup transfers are normally instant.
Instant Cash Fees
Instant Cash fees are not fixed. They are dependent on the country from which money is being sent and the country of the recipient. Although Instant cash promises competitive fees, lower than most money transfer companies, there are other money transfer services we have reviewed here that have lower fees. If you intend to send 200 USD to Kenya, Instant Cash will charge you 4 USD.
Instant Cash Transfer Limits
Instant Cash website is not very clear about transfer limits. It simply says that the transfer limit depends on the destination country and its regulations. We asked the company for precise information regarding transfer limits. There was no response by the time of publishing this review. We will update you once we hear from them.
Is Instant Cash Safe?
Yes. It is safe to make money transfers using Instant Cash. Instant Cash is a member of the Emirates Post Group and it is regulated and licensed by the UAE Central Bank and conform to all legal and regulatory requirements.
Instant Cash transfers are secured by the IBM AS/400 520i series server, 128 bit encryption, VPN and a 4 level security system.
- Instant Cash contact numbers: +971 4 2990011, toll free is 8004571 (within UAE).
- Instant Cash on Facebook