TransferGo is one of the best-known international money transfer providers on the market.
1 €
min transfer amount
1 000 000 €
max transfer amount
1 min - 24 hours
speed of transfer
Fees and exchange rate
9.3/10
Speed of transfers receiving
8,9/10
Safety and trust
9.7/10
Ease of use
9/10
Total score
9.6\10
Total score on TrustPilot:
total score 4.8 / 5 based on 22 000 customer review
Payment card
Bank transfer
India
China
Mexico
Philippines
Get your Promo code for WISE service from Monisaver
Compare TransferGo's Fees & Exchange Rates
Pros & Cons TransferGo
This is one of the cheapest ways to send money to euro
speed of transaction processing (transfer can be received even in 2 minutes
The minimum amount for a transfer is € 1, the maximum amount for a transfer from a bank account is € 1,000,000
Completely transparent fees and conversion rates
You can only send a transfer to a bank account or card (cash pickup not available)
Not the best solution for sending large amounts
You can only send money transfers from the EU and UK. Sending transfers from the USA, Russia and Ukraine is not available
The need to verify the customer's personal data
TransferWise competitors
How TransfeGO Works?
Service and coverage
8/10
Customer satisfaction
8.5/10
Support
9.5/10
Monisaver score
8.5\10
TransferGO transfer limits
Minimum transfer limit: 1 € or equivalent
Maximum transfer amount - 1 000 000 €
from 2 minutes to 24 hours
48 currencies
from od 0 do 2.99 Euro fees
1
Create an account on TransferGO
Sign up with TransferGO - you can use your Facebook or Google account to sign up
2
Pass
verification
To send money to some destinations, you need to confirm (verify) your identity by attaching a scan or photo of your passport or id card
3
Get all data for transfer
Data required to send a transfer: email, full name, phone number and the last 4 digits of a bank card.
4
Confirm
payment
Select the payment method that the service will offer you
5
Pay for the transfer
Pay for your transfer - by bank transfer or by debit / credit card.
Transfergo - Fees And Commissions
Next day - £ 0 - 0.99, currency conversion - 0 - 2.2%
Immediately (even in 2-30 minutes) - commission - 2.99 euro, currency conversion - 0 - 2.2%
TransferGO Exchange rate
If the sending and receiving currencies differ, the mid-market exchange rate is used for the conversion, to which a small mark-up is added, and the rate is fixed for 3 days. Which means that even if you send money by free transfer and the rate changes after 3 days, the recipient will still receive the amount at the rate set at the time of transfer.
TransferGo’s exchange rate margin can range from 0% to 2.2% depending on the amount and direction of sending.
For example, let’s compare TransferGo’s exchange rates with those of known transfer providers in Poland, TransferWise and Easysend, which offer the best conditions for transferring money from abroad to Poland. Which company will offer the most advantageous offer if, for example, you want to send a transfer from Germany to Poland in the amount of 500 euros
EUR/PLN exchange rate
4.447
EUR/PLN exchange rate
4.4076
EUR/PLN exchange rate
4.4148
the exchange rates used are valid at the time of writing this review (May 2020)
As you can see, TransferGo’s exchange rate is slightly lower than TransferWise’s, but due to the lower fee, the pickup amount is almost the same. However, before sending a transfer, it is better to use our transfer comparison engine to compare rates and commissions and choose the best option.
Get more
TransferGo how fast is it?
The delivery time of funds can be selected depending on your needs
Delivery time to main destination countries:
Standard delivery time is the next business day from the moment the funds are credited to your account.
The low-cost delivery option will take up to 3 business days from the moment the funds are credited to your account.
fast delivery option – money can be delivered within 30 minutes, depending on the country where the funds are being sent to
TransferGO - What Countries are accepted?
You can send money with TransferGo from 36 countries, these are:
Poland, Germany, Czech Republic, Portugal, Finland, Austria, Belgium, Great Britain, Hungary, Greece, Denmark, Estonia, Ireland, Iceland, Spain, Italy, Cyprus, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway , Romania, San Marino, Slovakia, Slovenia, France, Croatia, Sweden, Switzerland.
Money can be received in
Ukraine, Russia, Australia, Austria, Belgium, Bulgaria, United Kingdom, Hungary, Germany, Hong Kong, Greece, Denmark, Estonia, India, Israel, Ireland, Iceland, Spain, Italy, Canada, China, Cyprus, Latvia, Liechtenstein, Lithuania , Luxembourg, Malta, Mexico, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, USA, Turkey, Philippines, Finland, France, Croatia, Czech Republic, Sweden, Switzerland, South Africa.
Is TransferGo Safe?
TransferGo is an international company that offers fast and affordable money transfers. Established in 2012, the fast-growing FINTECH brand currently serves 22 currencies in 47 countries. The company has offices in London, Vilnius, Berlin, Istanbul and Warsaw.
TransferGO guarantees the same security standards as banks, as it is a licensed payment institution (number 600886). TransferGo is licensed to carry out financial transactions in the UK. The security of money transfers via TransferGo is regulated by the Financial Conduct Authority (FCA) and the British Royal Customs Service (HMRC). All TransferGo transactions are protected with 256-bit SSL encryption with a 2048-bit key.
TransferGo currently employs over 60 people at its headquarters in the UK and Lithuania. Investments in the company’s development in 2018 amounted to over USD 8 million, which allowed it to maintain a 20% monthly growth rate. TransferGo is the largest and dynamically developing fintech startup in Lithuania. The number of active users of the service for 2020 is approximately 1,800,000 people worldwide, and this number is constantly growing.
TransferGo - How Does It Work?
By using TransferGo, sending money will not be difficult as the website has a simple and convenient interface. However, you can watch the video from the official website for instructions on how to send a money transfer via TransferGo “step by step”
A few tips before sending a transfer:
Identity verification in TransferGo is required if the amount of the first transfer exceeds the equivalent of € 1015 or you want to send another transfer. You must complete your profile before verification. Go to the “Settings” menu and fill in your nationality, date of birth, e-mail, phone number and home address.
Verification of the address of residence will be required if the one-time transfer amount or the total amount of transfers within 3 months exceeds the equivalent of € 3,950.
Verification of the source of the money will be required if the one-time transfer amount exceeds EUR 7,330 or the total amount of transfers within six months exceeds EUR 14,670.
How to verify:
ALL
TransferGo promo code
Register with TransferGo using the link below, send 1 transfer of at least £ 50 (60 Euro, 260 PLN) and get a £ 10 bonus
Get your Promo code for TransferGo service from Monisaver
Compare Transfergo's Fees & Exchange Rates
Send money
Australia
Asia
Africa
Europe
North America
South America
Can't find your country? Tell us
Office: Monisaver.com
ALEJA GEN. ANTONIEGO CHRUŚCIELA "MONTERA" 88A
Warszawa 04-412, Poland
Call Us: +48 720 740 429
Telegram: @Izibizzz
Office: Monisaver.com
ALEJA GEN. ANTONIEGO CHRUŚCIELA "MONTERA" 88A
Warszawa 04-412, Poland
Call Us: +48 720 740 429
Telegram: @Izibizzz