How does it work?

MyTransfer is a free substitute to your expensive money transfers! Mytransfer is a marketplace where senders from Southern and Northern countries can submit for free their intentions of transfer in order for the user to find through a geographical tree of transfer intentions that could settle with their own intention. Most of the time, MyTransfer will be able to warn the sender by mail after scanning the database when a money transfer can interest the user (opposite origin-destination and close amounts).

1st step: register for free today and refer 3 friends who could also register for free

2nd step: post 1 or more intentions of money transfers FOR FREE also today
Now wait! MyTransfer will warn you when a settlement is possible

3th step: PAY 1 $ for 1st time only if you accept to receive the address of the sender and sendee who can settle with you, you will have to pay 1 EUR or 1 USD by Visa card/Master card (or the equivalent of 50 cents in the South in a Microfinance institution) for the 1st settlement only as an annual fee and then you can make as many settlements as you want during a year (with settled amounts limited to 300 EUR/USD per customer per month)

4th step: SETTLE: call your sendee and ask him/her to give the money there when at the same time you give the money here at the same time

Problem
  Solution

 

If A wants to send to B and C wants to send to D, then A will give the money to D while at the same time C gives the money to B. During a simple call gathering on one side A-D and B-C on the other side, A will give EUR/USD to D when B will certify that C is giving the same amount in local currency.
Both have to agree on the amount and on a phone appointment when the 2 senders will be the sendee of the other sender

MyTransfer

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