TransferGo review

TransferGo specializes in fast, low-cost transfers between Europe and key global corridors. Popular with expats and migrant workers. Founded in 2012 and based in London, UK, TransferGo is a money transfer provider. TransferGo is authorised and regulated by FCA, Bank of Lithuania, which means customer money is safeguarded separately from company funds.

On the fee side, expect £0.99 - £2.99 per transfer, but the bigger cost is usually the exchange-rate markup of 0.3% - 1.5% above mid-market, which is built into the rate rather than shown as a line item. Transfers run from a minimum of $10 up to $50,000 per transaction. Because that markup scales with the amount you send, it is worth comparing the final receive amount rather than the fee alone.

Delivery speed is quoted at 30 minutes to 3 days, and the service reaches 70+ countries across 50+ currencies. You can fund a transfer by Bank Transfer, Debit Card and Credit Card, with money delivered via Bank Deposit. The mix of funding and payout options is a good guide to which corridors TransferGo handles best.

On the plus side: very competitive european corridor rates, fast delivery (often same day) and simple, clean app experience. That makes it a sensible choice for everyday international transfers. Worth keeping in mind: fewer destination countries than wise/remitly and no cash pickup option. As always, run your exact amount and currency through a live comparison before sending — the provider you pick usually affects the final amount more than any single fee.