-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 FD4wW1nENJLoAFIF7DGw40uhhRpkCg/qO+PjrIWkHlXt3TIuMjq/jISBa8END9JL
 ikl2c8l9k8Z/RBmEWKX0XA==

<SEC-DOCUMENT>0001266184-03-000001.txt : 20031006
<SEC-HEADER>0001266184-03-000001.hdr.sgml : 20031006
<ACCEPTANCE-DATETIME>20031006163326
ACCESSION NUMBER:		0001266184-03-000001
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030926
FILED AS OF DATE:		20031006

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TRANSNATIONAL FINANCIAL NETWORK INC
		CENTRAL INDEX KEY:			0001059579
		STANDARD INDUSTRIAL CLASSIFICATION:	MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162]
		IRS NUMBER:				942964195
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			0430

	BUSINESS ADDRESS:	
		STREET 1:		401 TARAVAL STREET
		STREET 2:		SUITE 270
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94116
		BUSINESS PHONE:		4152427800

	MAIL ADDRESS:	
		STREET 1:		401 TARAVAL STREET
		STREET 2:		301 JUNIPERO SERRA BLVD SUITE 270
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94116

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TRANSNATIONAL FINANCIAL CORP
		DATE OF NAME CHANGE:	19980410

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LOGUTOVA ELENA
		CENTRAL INDEX KEY:			0001266184

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14219
		FILM NUMBER:		03929951

	BUSINESS ADDRESS:	
		STREET 1:		401 TARAVAL ST
		STREET 2:		C/O TRANSNATIONAL FINANCIAL NETWORK
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94116
		BUSINESS PHONE:		4155131254

	MAIL ADDRESS:	
		STREET 1:		1838 23RD AVE
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94122
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>

<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2003-09-26</periodOfReport>


    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001059579</issuerCik>
        <issuerName>TRANSNATIONAL FINANCIAL NETWORK INC</issuerName>
        <issuerTradingSymbol>TFN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001266184</rptOwnerCik>
            <rptOwnerName>LOGUTOVA ELENA</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1838 23RD AVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94122</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Executive Vice President</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>

        <derivativeHolding>
            <securityTitle>
                <value>Stock Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1.22</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2004-09-26</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2013-09-26</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>50000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>

    </derivativeTable>

    <footnotes>
        <footnote id="F1">VESTING SCHEDULE:  25% on 09/26/2004, 1/36 per month thereafter until 09/26/2007</footnote>
    </footnotes>


    <ownerSignature>
        <signatureName>Elena Logutova</signatureName>
        <signatureDate>2003-10-06</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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