Frequently Asked Questions

Yes. iTransfr operates as a registered Money Services Business (MSB) with FinCEN in the U.S. and follows the highest global compliance standards. Every transaction passes through full AML/KYC checks, sanctions screening, and real-time monitoring.

The iTransfr team has processed over $100M in cross-border transactions - from consumer goods imports to commodity exports - without a single client experiencing a bank account freeze or shutdown.

On the accounting side, we issue detailed receipts and settlement reports for every transaction so your finance team can reconcile records and meet reporting requirements without headaches.

Yes. If you need to receive funds in your own name, iTransfr can open an FDIC-insured USD business account in the U.S. (for both U.S.-based businesses and foreign corporations).

Your client can also open an account so both sides transact compliantly and transparently, with full settlement records for both parties.

Traditional bank wires are slow and expensive. SWIFT transfers take 2-5 days and carry hidden FX spreads of 2-4%, which adds up quickly on large volumes.

iTransfr settles most international payments the same day or in under 30 minutes through direct integrations with local payment rails in 50+ countries. Our FX rates run well below what banks charge, and there are no hidden fees.

For businesses that regularly move money across borders, the combination of speed and FX savings translates directly to better cash flow, stronger supplier relationships, and lower operational costs.

iTransfr was founded by operators, not software engineers looking for a problem to solve. The team has been moving capital across international markets since 2009, running their own import and export businesses across the U.S., LatAm, the Middle East, and Asia.

We know what banks, customs offices, and logistics companies need from a payment because we have handled those payments ourselves for over a decade. That experience is what the platform is built on.

The team is based in Miami, São Paulo, and Hong Kong, and operates in English, Spanish, Portuguese, and Arabic.

iTransfr supports 50+ countries with local currency settlement, including USD, EUR, GBP, BRL, COP, MXN, NGN, AED, and more.

Through our global banking and partner network, we can facilitate USD flows into over 170 countries, giving your business broad reach and flexibility for cross-border transactions.

There's no upfront cost to get started. Our rates are competitive and volume-based, starting well below traditional bank FX spreads.

Contact our team for a personalized quote based on your transaction volume and corridors.

• iTransfr network payments: Same day to under 30 minutes depending on corridor
• Brazil PIX: Instant (24/7)
• EUR SEPA Instant: Under 10 minutes
• GBP Faster Payments: Same business day
• Other local currencies: 1-3 business days

• Minimum transaction: $1,000 USD equivalent for standard transfers, $10,000 for OTC trades
• Maximum single transaction: $5,000,000 USD equivalent
• For transactions above $5M, please contact our institutional desk for custom solutions

• iTransfr is registered with FinCEN as a Money Services Business (MSB Reg. No. 31000278910629)
• We implement bank-grade security including encryption, multi-factor authentication, and strict access controls
• All transactions undergo AML/KYC verification, sanctions screening, and real-time monitoring
• We maintain full regulatory compliance across all jurisdictions where we operate

• Yes, iTransfr offers comprehensive API access for integration with your existing systems
• Our RESTful API supports automated quotes, payment execution, and settlement tracking
• We also provide webhooks for real-time updates and white-label solutions for platforms
• Contact our technical team for API documentation and integration support