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Is Tempo the right choice to transfer money for you? Find out with CompareTransfer.

Pros
Tempo Money Transfers are cost-effective especially for individuals transferring small and medium amounts The Service delivery is very fast since it only takes between 1 to 48 hours.
Cons
The market coverage of Tempo is lower compared to Western Union and MoneyGram.

Tempo Money Transfer Review

Tempo money transfer is a French registered company that facilitates international money transfer including cryptocurrencies..

How Tempo money transfer works

Customers who wish to transact with Tempo money transfer must open an account by providing their full names, bank details, contact details, proof of National identification, and address. After that, customers will decide the currencies they will transfer and they will proceed to the next step of booking the exchange rate at the website. Customers will need the first and last name of the recipient as shown on their phone number or government-issued ID. In case the customers wish to deposit money directly to the recipient’s bank account, they must provide their full name, IBAN, routing number, and account number.
After sending money to Tempo through credit, debit, cash, or bank transfer, Tempo will convert the amount and deposit it to the recipient’s bank account.

Are Tempo Money Transfers safe?

Tempo – Regulation and Security

Tempo money transfer is a member of the International Association of Money Transfer Networks and is registered with the French Prudential Supervisory Authority (Banque de France).

Tempo has an operating license from the European Payment services, which implies that all transaction activities are carried out under the European and French regulations.

Tempo has dedicated fraud protection and security team. Tempo money transfer uses highly secure servers, security practices, and IT training to protect customer funds and information. Notably, Tempo uses trusted European banking partners and bank accounts to transfer money and keeps customer funds in segregated accounts. With Tempo money transfer, you will get a 100% money-back guarantee. Therefore, all money transfers are protected. In case a customer is not satisfied, Tempo offers a 100% refund for the fees paid.

Tempo Money Transfers Market Coverage

Currently, Tempo services cover more than 35 countries. Tempo offers convenient money transfer solutions through online and agencies. Tempo money transfer has partners worldwide, including more than 150 registered agents in Germany and France.

Transfer Limits

Tempo has transfer limits, especially for customers who wish to send money to recipients in African countries. For instance, Tempo has a one-month limit of €5,000, three months limits of €8,000 and a one-year limit of €20,000

Transfer speed

Transferring money with Tempo takes a minimum of 15 minutes and a maximum of 4 business days. However, the actual time depends on:

•    The transfer payment method you are using.
•    Recipient country
•    Receiving method

In simple terms, cash pick-up will take one day, while bank transfers take between 1 to 4 business days.

Supported languages and countries

Tempo allows customers to send money to Togo, Senegal, Nigeria, Morocco, Mali, Congo, Comoros, Cameroon, and Benin. You can chat with tempo online chat or customer service in 12 languages such as French, German, and English.

Tempo Money Transfer Review

In Summary, Tempo money transfer offers affordable rates while remaining competitive. Tempo can be the best choice for individuals who like to send money regularly to abroad based recipients.

3.3 rating

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