Cash Train review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Cash Train suits Australian senders who weigh the exchange rate above the fees, and borrowers comfortable with loan-style costs. The rate markup is 0%, delivery is quick with Funds often within 30 minutes of approval, and Cash Loans add an establishment fee and a monthly fee on top.
Key facts
- Best for
- Transfers with a 0% rate markup and a quick payout window.
- Transfer fee
- 20% establishment fee + 4% monthly fee (Cash Loans up to $2,000)↗
- Exchange rate markup
- 0%↗
- Delivery time
- Funds often within 30 minutes of approval↗
- Payout methods
- Bank, Cash-pickup↗
- Currencies
- from 10↗
- Fee to send 1,000
- A$200↗
- Legal entity
- Online Loans Pty Ltd↗
- Headquarters
- Australia↗
- Founded
- 2001↗
- Support channels
- Phone, Email, Help-centre↗
- Official website
- cashtrain.com.au
Facts checked September 26, 2026, 6 sources
Apps and profiles
- Get the app
- Google Play
Pros and cons
Pros
- Exchange rate markup of 0%, ranked 1 of 107 brands on markup.
- Delivery is quick: Funds often within 30 minutes of approval.
- Payouts reach a bank account or a cash pickup point through bank and cash pickup.
Cons
- Cash Loans add an establishment fee and a monthly fee, and the stated transfer fee amount is AUD 200.
- Currency coverage starts at from 10, short of the widest lists in the category.
- Support runs on phone, email and help centre only, with no live chat or community forum.
Who it suits
- Senders who weigh the exchange rate above the fees, since the markup is 0%.
- People who need the money to land quickly: Funds often within 30 minutes of approval.
- Anyone who wants a choice of payout, from a bank account to a cash pickup point through bank and cash pickup.
Who should look elsewhere
- Skrill, if you pay by card or hold a wallet balance, because its transfer fee rises with the payment method while Cash Train's markup is 0%.
- Paysera, if you mostly move euros within SEPA, because it charges no fee on that route.
- PayPal Colombia, if you are used to a percentage charge on international transfers rather than the stated fee amount of AUD 200.
The company behind it
Cash Train trades as Online Loans Pty Ltd, an Australian provider founded in 2001 and based in Australia. Its Australian licence appears as 389 268. Support runs on phone, email and help centre, which covers phone, email and a help centre, so help is easy to reach.
How Cash Train compares
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Where Cash Train is available
- Available
- Australia
- Licence in Australia
- Australia (issuing regulator not named on the page) (389 268), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What fees does Cash Train charge?+
The cost comes from the fees rather than the rate. The stated transfer fee amount is AUD 200, and the Cash Loans product adds an establishment fee and a monthly fee. The exchange rate markup itself is 0%, so the rate is not where the bill grows.
What is the exchange rate markup at Cash Train?+
The exchange rate markup is 0%, which places Cash Train at 1 of 107 brands on markup. The median for money transfer brands on the site is 0.53%, so this sits at the clean end of the range.
How quickly does the money arrive?+
Delivery is quick, since Funds often within 30 minutes of approval. That timing is counted from approval, so the approval step sets the pace for the transfer itself. Once it clears, the money can go to a bank account or a cash pickup point.
How do I receive the money once it is sent?+
Payouts run through bank and cash pickup, so a recipient can be paid into a bank account or collect the money in cash at a pickup point. Support on phone, email and help centre can help sort out which route suits the receiving country.
Is Cash Train regulated?+
Cash Train is based in Australia, and its Australian licence appears as 389 268. That identifier is the one to quote when you want the authorisation detail confirmed, and the entity behind the service is Online Loans Pty Ltd.
How do I get help from Cash Train?+
Support runs on phone, email and help centre, which covers phone, email and a help centre. Questions about loan costs, delivery timing or payout routes can go through those channels, and the same team handles the Cash Loans establishment fee and monthly fee questions.
Which currencies can I send with Cash Train?+
Currency coverage starts at from 10. The median across money transfer brands on the site is 5 currencies, so Cash Train sits toward the wider end of what senders can pick from. Only the listed currencies are covered.
Who does Cash Train suit?+
It suits senders who weigh the exchange rate above everything else, since the markup is 0%, and borrowers who can handle an establishment fee and a monthly fee on a Cash Loan. It suits less well anyone who wants a wallet balance rather than a one off transfer.
Sources
- cashtrain.com.au checked September 26, 2026
Backs: Delivery time
“Upon approval, funds are digitally transferred into our customers' bank accounts, often within 30 minutes of approval.”
- cashtrain.com.au/about-us checked September 26, 2026
Backs: Founded, Payout methods
“We started out in 2001 by offering payday loans to provide quick cash for unexpected expenses”
- cashtrain.com.au/contact-us checked September 26, 2026
Backs: Support channels
“You can contact Cash Train by phone, online enquiry form, or by visiting one of our branches. By Email: Send us your email enquiry to info@cashtrain.com.au”
- cashtrain.com.au/currency-exchange checked September 26, 2026
Backs: Currencies, Exchange rate markup
“We exchange most major currencies, including but not limited to: USD, EUR, GBP, CAD, NZD, SGD, HKD, THB, JPY, CHY”
- cashtrain.com.au/legal-compliance checked September 26, 2026
Backs: Licences
- cashtrain.com.au/legal/terms checked September 26, 2026
Backs: Headquarters, Legal entity
“The IDR Officer, Commit Co Pty Ltd, Level 1, 3/101 Francis Street, Northbridge WA 6003, Australia”
- cashtrain.com.au/loan-costs checked September 26, 2026
Backs: Transfer fee, Fee to send 1,000
“Cash loans up to $2,000 - There is a 20% loan establishment fee, plus a 4% monthly fee.”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Licence type.