We only list companies that are trustworthy and appropriately licensed. Our aim is to give you a comprehensive view of the regulated money transfer marketplace.
We only list companies that are trustworthy and appropriately licensed. Our aim is to give you a comprehensive view of the regulated money transfer marketplace.
|Disclosure
MoneyTransfers aims to help users find the best money transfer provider for their needs. To support our free service, we may earn a commission from some of the providers listed in our search results. The commission may also impact the ordering of the providers shown. Our reviews are independent from this and are based on our editorial policy, research and testing of dozens of remittance providers on the market.
MoneyTransfers aims to help users find the best money transfer provider for their needs. To support our free service, we may earn a commission from some of the providers listed in our search results. The commission may also impact the ordering of the providers shown. Our reviews are independent from this and are based on our editorial policy, research and testing of dozens of remittance providers on the market.
On this page
With over 5 million customers served and almost £1.5 billion transferred, it’s a well-established provider offering money transfers to 80+ destinations from 42 countries.
TransferGo charges between $0 and $36.30 per transfer depending on the currencies, deposit and withdrawal methods, transfer speed, and amount.
TransferGo adds a markup of 0.66% per transfer on average, which is in line with the competitors.
For popular transfers and currencies, their fees are in line with competitors like Wise, and in many cases, it is cheaper.
If you were to send €1,000 to the UK, you would pay $4.20 in fees (including the markup) vs €4.32 with Wise.
The remittance review team at MoneyTransfers.com has analyzed TransferGo’s money transfer service from head to toe, breaking it down into its costs, service, ease of use, safety and trust, and customer feedback.
We’ve also signed up and sent money using the app, so we’re in the best position to give an honest and full picture of how good TransferGo really is.
Is TransferGo right for you?
TransferGo is good if…
Find an alternative if…
You want to send money from Europe to countries outside the EU.
You want to send money to Ukraine.
You want to make small but instant transfers at a low cost.
You want to send money to a phone number for the receiver to pick up.
You want to make domestic transfers, especially within the EU.
TransferGo’s fee structure, exchange rates, and overall price compared to other providers is commendable, offering a consistent and affordable price for bank to bank transfers to most destinations.
They claim to add a small markup on top of the exchnage rate, which is true. Their exchange rates are slightly above the "real-rate" at just 0.66% on average. This is still higher than Wise for example, but it is ofset by lower fees on many transfers.
TransferGo's fees range between $0 and $36.30 depending on the countries, speed option, and deposit / withdrawal options. We found most expensive transfers to be within same region (domestic transfers), while international transfers are cheaper costing under $1 on average.
Service
8.5
We found TransferGo’s quality of service to be very high, offering fast transfers to a wide range of locations with large transfer limits. Its customer service was also helpful in our experience.
In terms of transfer speed, most transfers will arive instantly, but depending on the withdrawal method, it can take up to a day. The only service that is expensive and slow, is sending money to a phone number.
Ease of Use
8.0
Although we had a small issue with a blocked card when sending money, this was resolved pretty quickly.
Signing up was straightforward too and only took us few minutes, which is always a bonus.
Safety & Trust
8.8
With the standard set of authorization credentials, full transparency on its website, and a rigorous approach to data security, TransferGo gets a solid score its overall safety and trust.
Customer Feedback
8.8
With mostly positive reviews across Trustpilot and both app stores, it seems like TransferGo is largely appreciated by its customer base for its fast transfers, low fees and ease of use.
“TransferGo offers a strong money transfer service, and while they might not be the biggest provider on the market, they certainly put on a good showing. With affordable fees and fast transfers, if TransferGo offers your required route it’s worth checking them out.”
Mehdi PunjwaniLead Writer and Editor, MoneyTransfers.com
Pros and Cons
Why we like TransferGo
Pros
You see exactly how much you’ll pay for your transfer with TransferGo
You’ll be able to pay for for high speed when you need it, otherwise you have a low-cost option
TransferGo is hugely accessible for people speaking European languages
With TransferGo you will see exactly what options you have and how much cheaper it is
TransferGo let's you send money to 87 countries (59 currencies) from 42 locations (across 11 currencies)
Cons
No 24/7 customer support, which is always preferable when handling money
Phone numbre transfres is fairly unique service but is slow and expensive, however it gives TransferGo a larger reach
Overall cost
TransferGo fees and exchange rates
8.9
Fees & Rates
Based on our analysis of 300+ transfers, TransferGo's rates are much better compared to other companies.
On average, they add 0.66% markup and charge between $0 and $36 per transfer in extreme cases. Combining the two, puts their fees in a much better position compared to other services.
For example, if you were to send a €1,000 from Spain to the US, you'd pay €5.11 in fees vs €6.21 with Wise. This is not the case for all routes, in many they can easily compete.
This is why it's important to compare, use to get the most of your transfer.
TransferGo charges a small markup on the mid-market exchange rate (around 0.66% on average), like many other providers.
It also has a basic tiered pricing structure listed on its homepage, and TransferGo sets your fee based on the speed of your transfer.
However, there are some variations to the fee structure that depend on different factors:
How you pay
TransferGo allows you to pay for your transfer by debit card, credit card or bank transfer - but, as with many providers, their fees are higher for card payments.
Card payments also incur a different exchange rate, as well as a percentage fee on top of the fixed fee, which leads us to the next point
How much you send
With card payments, as a result of the percentage fee, larger transfers will cost more.
TransferGo recommends themselves that you use bank-to-bank transfers for larger sums, and use the more expensive card payments to send small amounts fast
The country and currency you use
Lastly, your fees will also depend on the transfer route you’ve chosen - and not all tiers are available for every destination country.
TransferGo’s transfer fees
The tiered pricing structure on their website is as follows:
Speed
Fee
Within 30 minutes
£2.99
Today
£1.99
Tomorrow
£0.99
However, it’s important to note that these fees apply for most but not all countries, and not all tiers are available for all destinations.
This is why we’ve looked at over 300 unique country combinations to see how true this is.
Based on our analysis, same-pair transfers (meaning domestic) are much more expensive compared to international transfers, especially for EUR transfers which average $17.00 per transfer.
Here’s a list of the top 20 most expensive currency pairs we’ve tested:
Pair
Avg. Fee (USD)
High Fee (USD)
Low Fee (USD)
EUR-EUR
17.00
36.34
1.90
PLN-PLN
3.85
5.16
2.46
RON-RON
2.83
3.93
1.59
DKK-DKK
1.89
2.62
1.06
SEK-SEK
1.22
1.70
0.69
NOK-NOK
1.09
1.49
0.68
GBP-PLN
0.84
1.26
0.00
GBP-EUR
0.67
1.26
0.00
CZK-CZK
0.56
0.77
0.31
RON-USD
0.54
2.70
0.00
PLN-USD
0.45
3.12
0.00
GBP-PHP
0.42
1.26
0.00
GBP-RON
0.42
1.26
0.00
EUR-PHP
0.35
1.05
0.00
EUR-RON
0.35
0.52
0.00
EUR-TRY
0.26
1.05
0.00
DKK-USD
0.26
1.80
0.00
SEK-USD
0.17
1.16
0.00
NOK-USD
0.16
1.15
0.00
DKK-EUR
0.16
1.42
0.00
This is why we do not recommend using TransferGo for domestic transfers.
We’ve also looked at the fees based on currencies to and from.
Based on this, sending GBP is more expensive on average, although it only costs $0.28 per transfer, followed by EUR ($0.09), and DKK ($0.07).
While the highest fee is for sending PLN, RON, and DKK.
Here’s a breakdown of the fees based on the country you are sending money from:
From
Avg. Fee (USD)
High Fee (USD)
Low Fee (USD)
GBP
0.28
1.26
0.00
EUR
0.09
1.05
0.00
DKK
0.07
1.80
0.00
NOK
0.04
1.15
0.00
SEK
0.04
1.16
0.00
PLN
0.04
3.12
0.00
RON
0.04
2.70
0.00
CZK
0.02
0.53
0.00
ISK
0.00
0.09
0.00
HUF
0.00
0.03
0.00
TRY
0.00
0.00
0.00
On the other hand, there wasn’t much variation in the fees based on the destination country.
Transfers to Poland cost the most ($0.24 / transfer), followed by RON and EUR. However, USD has the highest fee ($3.12), meaning it can get very expensive to send money to the USA.
Here’s a summary of the fees based on the destination:
To
Avg. Fee (USD)
High Fee (USD)
Low Fee (USD)
PLN
0.24
1.26
0.00
RON
0.23
1.26
0.00
EUR
0.19
2.46
0.00
TRY
0.16
1.05
0.00
USD
0.15
3.12
0.00
PHP
0.09
1.26
0.00
* For remaining destinations there was no transfer fees, these included: AMD, KZT, UAH, MAD, KES, MDL, HNL, ALL, SEK, BOB, DOP, XCD, CLP, MXN, ETB, DZD, COP, SAR, AZN, AED, VND, AOA, SGD, BGN, JMD, KWD, CHF, AUD, HUF, BDT, CZK, MYR, BHD, UGX, XOF, ZAR, PEN, NOK, DKK, NZD, CAD, HKD, IDR, THB, GBP, NPR, LKR, PKR, QAR, NGN, JPY, ILS, GHS.
TransferGo exchange rates and markup
TransferGo charges a small markup on the mid-market exchange rate, like many other providers - and it shows you the rate you’ll get before making your transfer.
On the TransferGo website, they give their conversion rate as being within 0-2.2%.
Based on our testing and analysis, we found that on average the exchange rate markup is 0.66%, but heavily depends on the currencies involved.
The exchange rate markup can go as high as 7.72% and -2.72% (meaning better than the mid-market rate).
For example, sending money from the UK to Nigeria will result in better exchange rates than the mid-market rate (-2.73%), while transfers to Ukraine can have a markup of up to 7.71%.
Here’s a summary of the exchange rates based on where you are sending money from (as of December 2024):
To Currency
TransferGo Rate
Mid-market Rate
Markup
KZT
531.27117
545.77
2.73%
UAH
42.80293
43.9338
2.64%
PHP
60.63041
61.942
2.16%
MAD
10.36797
10.5674
1.92%
UGX
3844.36148
3898
1.40%
MDL
19.09561
19.33
1.23%
TRY
36.20098
36.6495
1.24%
KES
135.41176
137.05
1.21%
RON
4.94881
4.9774
0.58%
USD
1.05066
1.05619
0.53%
PLN
4.27699
4.29546
0.43%
GBP
0.82896
0.83245
0.42%
XOF
652.16904
652.73607
0.09%
NGN
1802.71152
1777.6
-1.39%
To Currency
TransferGo Rate
Mid-market Rate
Markup
KES
11.38243
11.73036
3.06%
UAH
3.66418
3.75971
2.61%
KZT
45.76529
46.71541
2.08%
MAD
0.88586
0.90365
2.01%
UGX
328.9985
333.61971
1.40%
MDL
1.63287
1.65375
1.28%
XOF
55.74784
56.15125
0.72%
USD
0.08973
0.09033
0.67%
PHP
5.27
5.29666
0.51%
EUR
0.08543
0.08553
0.12%
GBP
0.07114
0.0712
0.09%
GHS
1.39284
1.38749
-0.38%
To Currency
TransferGo Rate
Mid-market Rate
Markup
UAH
0.09911
0.10672
7.67%
KZT
1.26629
1.32582
4.70%
KES
0.3236
0.33286
2.86%
MDL
0.0464
0.04694
1.16%
USD
0.00255
0.00256
0.55%
PHP
0.15
0.15034
0.23%
GBP
0.00202
0.00202
0.04%
EUR
0.00243
0.00243
-0.10%
To Currency
TransferGo Rate
Mid-market Rate
Markup
KES
26.70967
27.55064
3.15%
UGX
763.74398
783.55994
2.59%
KZT
107.06369
109.71872
2.48%
GBP
0.16398
0.16724
1.99%
MAD
2.08304
2.12238
1.89%
MDL
3.82128
3.88505
1.67%
UAH
8.72909
8.83249
1.18%
USD
0.20977
0.21221
1.16%
XOF
130.47795
131.88032
1.07%
PLN
0.85459
0.863
0.98%
PHP
12.39
12.44317
0.43%
EUR
0.20016
0.20091
0.37%
GHS
3.27517
3.25954
-0.48%
To Currency
TransferGo Rate
Mid-market Rate
Markup
UAH
0.29396
0.30174
2.64%
KZT
3.67971
3.74821
1.86%
PHP
0.42
0.42508
1.21%
MDL
0.13134
0.13272
1.05%
KES
0.93199
0.94118
0.99%
GBP
0.00567
0.00571
0.76%
UGX
26.56697
26.76794
0.76%
XOF
4.47361
4.50529
0.71%
USD
0.00721
0.00725
0.55%
EUR
0.00685
0.00686
0.20%
GHS
0.11184
0.11135
-0.44%
To Currency
TransferGo Rate
Mid-market Rate
Markup
GHS
2.18593
2.17532
-0.49%
GBP
0.11158
0.11162
0.04%
XOF
87.95727
88.0212
0.07%
PHP
8.27
8.30429
0.41%
USD
0.14061
0.14162
0.72%
MDL
2.56053
2.59277
1.26%
UGX
515.73346
522.6637
1.34%
MAD
1.39027
1.41654
1.89%
KZT
71.74033
73.22983
2.08%
UAH
5.74356
5.89092
2.57%
KES
17.87636
18.37654
2.80%
To Currency
TransferGo Rate
Mid-market Rate
Markup
UAH
9.86025
10.23423
3.79%
KZT
123.47577
127.13662
2.96%
KES
31.16651
31.89973
2.35%
MAD
2.41142
2.45931
1.99%
UGX
895.81657
907.95048
1.35%
MDL
4.44336
4.50162
1.31%
GBP
0.19231
0.1938
0.77%
XOF
151.74829
152.81639
0.70%
RON
1.15111
1.1587
0.66%
USD
0.24434
0.24587
0.63%
PHP
14.33
14.41793
0.61%
EUR
0.23259
0.23281
0.09%
GHS
3.79149
3.77684
-0.39%
NGN
421.4056
414.10163
-1.73%
To Currency
TransferGo Rate
Mid-market Rate
Markup
GHS
0.64501
0.64199
-0.47%
KES
5.41054
5.42709
0.31%
PHP
2.44
2.45075
0.44%
USD
0.04157
0.0418
0.54%
XOF
25.8247
25.97858
0.60%
EUR
0.03927
0.03957
0.77%
GBP
0.03263
0.03294
0.95%
UGX
152.88984
154.35037
0.96%
MAD
0.41023
0.41808
1.91%
KZT
21.18614
21.61306
2.02%
MDL
0.74104
0.76518
3.26%
UAH
1.68471
1.73961
3.26%
To Currency
TransferGo Rate
Mid-market Rate
Markup
NGN
2196.85821
2136.252
-2.76%
QAR
4.62206
4.56436
-1.25%
PKR
351.99461
348.3021
-1.05%
UGX
4735.5737
4687.209
-1.02%
NOK
14.05543
14.0449
-0.07%
ILS
4.621
4.61499
-0.13%
SEK
13.84569
13.8373
-0.06%
NZD
2.14721
2.14626
-0.04%
HKD
9.88014
9.8752
-0.05%
CAD
1.77741
1.77922
0.10%
LKR
368.60204
369.1568
0.15%
JPY
190.25551
190.416
0.08%
ZAR
22.89538
22.93012
0.15%
NPR
171.33925
171.9046
0.33%
PLN
5.13739
5.16013
0.44%
SGD
1.69286
1.70065
0.46%
AUD
1.94211
1.9514
0.48%
CZK
30.20543
30.35735
0.50%
BHD
0.47615
0.47871
0.54%
CHF
1.11224
1.11835
0.55%
THB
43.28641
43.51143
0.52%
BGN
2.3383
2.34987
0.49%
XOF
784.18315
788.7654
0.58%
USD
1.26163
1.26879
0.57%
PHP
73.97462
74.40645
0.58%
KWD
0.38788
0.39038
0.64%
EUR
1.19235
1.2013
0.75%
AOA
1146.93932
1155.8485
0.78%
MXN
25.68989
25.91035
0.86%
BDT
150.43982
151.7834
0.89%
PEN
4.7118
4.7554
0.93%
AED
4.61673
4.6609
0.96%
VND
31848.77148
32159.49
0.98%
KZT
649.57991
656.2536
1.03%
HUF
489.85983
495.195
1.09%
SAR
4.72208
4.77084
1.03%
RON
5.91839
5.9794
1.03%
DZD
167.70008
169.2551
0.93%
AZN
2.13379
2.15722
1.10%
TRY
43.52267
44.01722
1.14%
KES
162.82695
164.7978
1.21%
ALL
116.73177
118.1705
1.23%
MDL
22.95254
23.24449
1.27%
MYR
5.57145
5.64409
1.30%
DOP
75.68144
76.66075
1.29%
JMD
197.37804
200.1251
1.39%
CLP
1223.73524
1240.743
1.39%
XCD
3.37928
3.42898
1.47%
HNL
31.61308
32.13468
1.65%
BOB
8.62449
8.77706
1.77%
MAD
12.45762
12.70693
2.00%
COP
5428.9899
5567.835
2.56%
ETB
155.35963
160.5352
3.33%
UAH
50.22381
52.83172
5.19%
AMD
475.80047
503.0063
5.72%
To Currency
TransferGo Rate
Mid-market Rate
Markup
NGN
156.97439
154.43445
-1.62%
GHS
1.41459
1.40841
-0.44%
EUR
0.0868
0.08679
-0.01%
GBP
0.07222
0.07227
0.07%
PHP
5.36
5.37722
0.32%
USD
0.09117
0.09169
0.57%
XOF
56.64615
56.99112
0.61%
MDL
1.65788
1.67869
1.26%
UGX
334.04047
338.371
1.30%
MAD
0.89969
0.91717
1.94%
KZT
46.44476
47.41414
2.09%
UAH
3.7177
3.8169
2.67%
KES
11.55517
11.89691
2.96%
To Currency
TransferGo Rate
Mid-market Rate
Markup
GBP
0.0225
0.02272
0.96%
UAH
1.18566
1.19975
1.19%
EUR
0.02652
0.02729
2.88%
PHP
1.59685
1.69019
5.85%
To put all these numbers into context, let’s imagine you’re making a €1,000 transfer from Germany via a one-day transfer transfer to the following countries:
Country
Method
TransferGo total fee
Wise total fee
The UK (GBP)
Bank to bank
€3.98
5.75 EUR
Kazakhstan (KZT)
Bank to card
€25.85
Not Available
Morocco (MAD)
Bank to bank
€18.20
24.37 EUR
The US (USD)
Bank to card
€5.11
6.21 EUR
The Philippines (PHP)
Bank to bank
€20.46
8.50 EUR
Poland (PLN)
Bank to bank
€4.36
6.21 EUR
Ukraine (UAH)
Bank to bank
€25.01
13.80 EUR*
*At the time of writing you couldn’t send more than €700 to Ukraine.
TransferGo’s rates are far better than banks, and they’re competitive against other providers too - so we think it’s always worth checking them out when looking to send money.
“With flat fees hitting their ceiling at £2.99, TransferGo is definitely on the affordable side - particularly as there are no limits to how much you can send if paying by bank transfer. It’s worth a look, especially if you can take advantage of their under-30-minute transfers.”\n
Mehdi PunjwaniLead Writer and Editor, MoneyTransfers.com
Quality of service
TransferGo's money transfer service
8.5
Product Offering
With TransferGo, you can send money from 42 countries to 87 countries (in multiple currencies). This is much higher than the likes of Wise (from 27 countries to 51 countries) but is less than XE for example.
On the other hand, TransferGo misses on additional services such as multi-currency accounts.
Overall, this puts them high up on our top services list but is not a perfect 10.
TransferGo offers a fast and affordable money transfer service used by millions worldwide.
Our expert team has taken a close look at its service, looking at its functionality and usability to determine just how good it really is.
TransferGo speed
TransferGo has different tiers of money transfers, depending on how much you’re willing to pay in fees.
We’ve looked at the transfer times of 300+ transfer corridors and found that sending money to the phone number where the receiver collects the money is the most expensive option, followed by a day transfer and instant transfer.
Here’s a summary of the fees based on the transfer speed:
Delivery Estimate
Avg. Fee (USD)
High Fee (USD)
Low Fee (USD)
After Receiver Collects
4.20
36.12
0
One Business Day
2.14
34.22
0
Instant
1.97
36.34
0
Two Business Days
0.00
0.00
0
30 Minutes
0.00
0.00
0
Most of their standard transfers are usually completed within one working day, while their fast transfers are instant most of the time.
These are varied and affordable options - if you need a fast transfer you’ll likely have it for a comparatively low cost compared to some other providers.
However, you should .
TransferGo limits
TransferGo does not state any explicit limits on how much you can send by bank transfer - but there may be limits with your bank so check this beforehand.
TransferGo does have a limit of £10,000 per transaction if paying by card, but you can place an unlimited number of transfers, so in effect there is no limit so long as you’re happy to pay the fees for card payment.
There’s also a limit if sending money to a debit or credit card - the maximum is $2500 per transaction.
This makes TransferGo an appealing prospect if you’re depositing money into the recipient’s bank, with essentially no limits on how much you can send.
However, it is worth noting that these limits will be slightly different depending on where you send money from, but generally expect them to be very high.
TransferGo transfer types, deposits, and withdrawals
When you send money with TransferGo, you’ll be able to pay for your transfer via the following methods:
Bank transfer
The standard method for paying for international money transfers, this is when you send money to TransferGo’s local bank account in your country.
TransferGo will send the same amount from their bank account in the receiving country, minus fees and exchange rate markups, to the recipient.
The money never crosses international borders, so it doesn’t need to go through the expensive and time-consuming SWIFT process. Bank transfer payments usually work out the cheapest too.
Debit or credit card
You can also pay using a debit or credit card, but keep in mind you’ll get a different exchange rate and will likely face higher fees - especially for bigger transfers.
Credit and debit card payments are usually much faster than bank transfers, but their associated fees make them better for smaller transactions.
Card-to-card transfers
It’s worth noting that TransferGo also offers card-to-card transfers, meaning you’ll be able to use TransferGo’s money transfer service to send money directly to the recipient’s debit or credit card.
It offers the benefit of not needing the recipient’s full bank/IBAN details - you’ll just need their 16-digit card number and expiry date.
According to TransferGo, this method means you’ll avoid a host of bank charges too. Card-to-card transfers go through Mastercard or Visa Direct, Visa’s real-time push payments platform, so transfers are completed in minutes.
You can send money to debit and credit cards in 32 countries, including Ukraine, Turkey, Romania, Spain, Germany, and Poland.
Local payment methods and apps
TransferGo also lets you deposit money using local methods and apps such as Sofort, FPS, BLIK, etc...
These are priced slightly higher, but almost always faster and more convenient than other methods.
Other methods
TransferGo also offers cash pickup or delivery options and mobile money in certain countries including Nigeria and Morocco, while you can also send money to Nigeria with just the recipient’s phone number.
While bank transfers are one of the most common ways of sending money abroad, the limited other payout options may make TransferGo less appealing for those who don’t rely so much on banks. If you prefer cash pickups or apps to send money, other providers offer more flexibility.
As for payout methods, you have the following options depending on where you are sending money:
Phone number
Bank Account (via SWIFT, BBAN code, ABA number, Sort code, PrivatBank)
Debit cards (Visa or Mastercard)
Cash pickup
Mobile wallet
Based on our analysis, we found that there the fees vary significantly depending on the deposit and withdrawal methods.
Sofort is the most expensive deposit method (as it’s more niche) averaging at around $14.18 per transfer, followed by card deposits at $2.83 / transfer.
Here’s a summary of the fees by the deposit method:
Pay In Method
Avg. Fee (USD)
High Fee (USD)
Low Fee (USD)
Sofort
14.18
34.22
0.00
Card
2.83
36.34
0.00
Bank
0.98
30.84
0.00
BLIK
0.12
4.43
0.00
As for withdrawals, transfers to a phone number, bank transfers, and card transfers are the most expensive, costing $4.20, $2.79, and $2.69 respectively.
Here’s a summary of the fees by withdrawal method:
Pay Out Method
Avg. Fee (USD)
High Fee (USD)
Low Fee (USD)
Phone Number
4.20
36.12
0.00
Bank
2.79
17.75
0.00
Card
2.69
36.12
0.00
Master Card
1.71
36.34
0.00
Visa Card
1.71
36.34
0.00
Bank Account
0.02
1.15
0.00
ABA Number
0.00
0.00
0.00
Bank via SWIFT
0.00
0.00
0.00
BBAN Code
0.00
0.00
0.00
Cash Pickup
0.00
0.00
0.00
Mobile Wallet
0.00
0.00
0.00
PrivatBank
0.00
0.00
0.00
Sort Code
0.00
0.00
0.00
TransferGo reach and supported countries
TransferGo operates in over 60 countries, allowing transfers from over 42 and payouts to over 87 countries - they’re listed below:
Send from these countries with TransferGo
Send from
Currencies
Czech Republic
CZK
Denmark
DKK
Germany
EUR
Hungary
HUF
Iceland
ISK
Norway
NOK
Poland
PLN
Romania
RON
United Kingdom
GBP
Sweden
SEK
Turkey
TRY
Spain
EUR
Austria
EUR
Belgium
EUR
Croatia
EUR
Cyprus
EUR
Czech Republic
EUR
Denmark
EUR
Estonia
EUR
Finland
EUR
France
EUR
Greece
EUR
Hungary
EUR
Iceland
EUR
Ireland
EUR
Italy
EUR
Latvia
EUR
Liechtenstein
EUR
Lithuania
EUR
Luxembourg
EUR
Malta
EUR
Monaco
EUR
Netherlands
EUR
Norway
EUR
Poland
EUR
Portugal
EUR
Romania
EUR
San Marino
EUR
Slovakia
EUR
Slovenia
EUR
Sweden
EUR
United Kingdom
EUR
Send to these countries with TransferGo
Send to these countries
Currencies
Australia
AUD
Austria
EUR
Belgium
EUR
Bulgaria
BGN, EUR
Canada
CAD
China
USD
Croatia
EUR
Cyprus
EUR
Czech Republic
CZK, EUR
Denmark
DKK, EUR
Estonia
EUR
Finland
EUR
France
EUR
Germany
EUR
Greece
EUR
Hong Kong
HKD, USD
Hungary
HUF, EUR
Iceland
EUR
Ireland
EUR
Israel
ILS
Italy
EUR
Latvia
EUR
Liechtenstein
EUR
Lithuania
EUR
Luxembourg
EUR
Malta
EUR
Mexico
MXN
Monaco
EUR
Netherlands
EUR
Norway
NOK, EUR
Philippines
PHP
Poland
PLN, EUR
Portugal
EUR
Romania
RON, EUR
San Marino
EUR
Slovakia
EUR
Slovenia
EUR
South Africa
ZAR
Spain
EUR
Sweden
SEK, EUR
Switzerland
CHF, EUR
Turkey
TRY
Ukraine
UAH, EUR, USD
United Kingdom
GBP, EUR
United States
USD
Indonesia
IDR
Bangladesh
BDT
Sri Lanka
LKR
Algeria
DZD
Azerbaijan
AZN, USD, EUR
Bahrain
BHD, USD
Bolivia
BOB
Chile
CLP
Colombia
COP
Dominican Republic
DOP
Ecuador
USD
El Salvador
USD
Ethiopia
ETB
Ghana
GHS
Honduras
HNL
Jamaica
JMD
Japan
JPY, USD
Kazakhstan
KZT, USD, EUR
Kenya
KES
Kuwait
KWD, USD
Malaysia
MYR
Moldova
MDL, USD, EUR
Morocco
MAD
Nepal
NPR
New Zealand
NZD
Nigeria
NGN
Pakistan
PKR
Panama
USD
Peru
PEN
Qatar
QAR, USD
Saudi Arabia
SAR, USD
Senegal
XOF
Singapore
SGD, USD
Thailand
THB, USD
Togo
XOF
Uganda
UGX
United Arab Emirates
AED
Vietnam
VND
Albania
ALL
Angola
AOA
Anguilla
XCD
Armenia
AMD, EUR, USD
This is definitely on the higher end of global coverage compared to many other services. However, most of these are located within the EU.
For example, with Wise, you can send money to 51 countries from 27, and with MoneyGram from 37 locations to 41 destinations.
However, if they support your specific route(s) and the fees are affordable, then TransferGo can still be a reliable option for you.
TransferGo’s customer service
TransferGo’s customer support options include a phone line, a live chat, and an email helpline available 5 days a week, as well as an FAQ help center. We tried them all out below:
We called TransferGo’s customer support team at ten past twelve on a Friday afternoon, and they answered the phone immediately.
The agent was very helpful, answering all questions we had to clarify their pricing structure and transfer times, and more specific enquiries about why our bank card was blocked.
Email
Availability
Monday to Friday, 7am to 6pm GMT
Response time
Half an hour
Languages
English, Lithuanian, Romanian, Ukrainian, Russian, Polish, German, Turkish. French
We emailed at around 12:30pm on a Friday afternoon, and they emailed back in half an hour.
We asked about their payment methods, and whether there were any geographical restrictions, and they informed us that there are only a few - for example, in Scandinavian countries you can only pay by card.
Their answer was clear and to the point, and they offered to go into more detail if we had any specific countries in mind.
TransferGo’s help center contains plenty of articles with helpful information, organized by topic with a useful search function.
We were able to find answers to most of our questions, including details about transfer limits, speeds, payment methods, and pricing.
“With very affordable rates, fast transfers and the rare ability to make transfers directly to someone’s bank card, TransferGo’s service stands out. The customer support team was very helpful too.” \n
Mehdi PunjwaniLead Writer and Editor, MoneyTransfers.com
Simplicity
TransferGo ease of use
8.0
Ease of Use
We went through the signup process and were ready to send money in just a few minutes. Aside from a little issue with linking the card, the process was easy and straightforward.
The actual transfer process was also easy to follow and the fees we paid matched what was offered.
We went through the process of signing up to TransferGo on their desktop site and app, as well as sending money on both platforms - we’ve reviewed them in detail below.
Signing up with TransferGo was fairly straightforward - here’s how you do it:
Enter phone number
The first step was to enter our phone number, and then enter the six-digit authentication code
Create a passcode
Then we had to create and enter a four-digit passcode to log in
Add email
The next step was to add our email address and choose whether we wanted to receive promotional messages
Personal details
After this it was time to add our personal information, including name, date of birth and citizenship, plus where we’d be sending money from - then we were signed up and ready to go
This process was fast and straightforward - just how we like it.
Sending money with TransferGo
We tried sending money with TransferGo - here’s how we did it:
Choose recipient type
We had to say whether we were sending money to ourselves, someone else, or a business
Add receiver
We were given the option of either sending money to their bank account or sending them an SMS with a link to enter details and collect their money.
We chose to send it to their bank account
Add bank account details
We gave their first and last name, and their IBAN
Choose payment method
Bank transfers weren’t available so we paid by card
Add card
We gave our card number, expiry date and CVV
Confirm details
We confirmed the amount to send, the bank account, the delivery option and speed
Review
We reviewed the details of the transfer and paid, and our transfer was confirmed
“We found TransferGo’s quality of service to be quite high, and it was very straightforward signing up and sending money. Customer support was helpful in resolving the card issue, and at the speed and prices it offers, we definitely found it to be a slick operation.” \n
Mehdi PunjwaniLead Writer and Editor, MoneyTransfers.com
Trustworthiness
TransferGo safety and legitimacy
8.8
Safety & Trust
TransferGo reached its 5 million customer milestone, growing as a money transfer provider and building its credibility in the industry. Like all money transfer providers we compare on MoneyTransfers.com, TransferGo is fully licensed and reputable.
We took a deep dive into how TransferGo practices, who they’re regulated by, and what security features they use.
Is TransferGo authorized to transfer money?
TransferGo is fully regulated and authorized to provide money transfers in every region it operates in.
It is supervised by the HMRC under Money Laundering Regulations (12667079), and regulated by the FCA (600886).
It’s also authorized and regulated by the Bank of Lithuania, registration number 304871705, FI code 32400.
TransferGo safety and security
TransferGo undertakes a process known as Safeguarding, in which all customers’ money is segregated from TransferGo’s funding, so your money won’t be at risk if it goes insolvent.
It also uses SSL technology to keep your data protected, and it is registered with the ICO, the UK’s independent authority on information rights for the public - registration number Z316680X.
TransferGo transparency
TransferGo is largely very transparent with its fees and rates, given its conversion rate range (7.72% and -2.72%, averaging at 0.66%) and its basic fee structure.
There are no hidden fees.
You’ll be able to see how fees are affected by the specific country or currencies you select in your transfer, as well as the payment method you choose.
You’ll also see the rates you get, and this will be locked in for your transfer.
User reviews
User feedback on TransferGo services
8.8
Customer Feedback
TransferGo’s growth has seen its customer base grow to over five million in the last few years, and seeing what those customers think directly is always a useful way to find out more about a provider.
In general, most reviews are positive commenting on transparent fees, and good service in general. On the downside, they seem to have technical issues with transfer delays, clocked cards, and money getting lost.
This knocks it down a few points in our rating but is generally inline with other companies.
We’ve looked at their score on Trustpilot as well as their app reviews for both Android and iOS - here’s what we found.
TransferGo is rated as Excellent on Trustpilot, with a score of 4.7 from over 37,000 reviews when this article was written - and 91% of all ratings are 5 stars.
This is an excellent score, especially considering the high number of reviews, showing that TransferGo is an extremely trustworthy company with a great reputation among its customers.
Negative reviews, of which there are very few, cite blocked or delayed transfers, and money going missing - as well as some issues with larger transfers and less than stellar reviews on their customer service.
However, many positive reviews call out their fast transfers, low fees, and favorable exchange rates.
According to Trustpilot, TransferGo replies to 98% of negative reviews, usually within a week.
Region
Number of reviews
Score
US
130+
4.7
UK
2,000+
4.9
DE
900+
4.8
FR
400+
4.9
ES
90+
4.5
TransferGo’s ratings across multiple iOS App Stores are very high, and in the store, with the most downloads - the UK - it’s rated 4.9 out of 5, while in the US it’s rated 4.7 out of 5.
Many of the positive reviews praise the app’s functionality, the overall transfer service including its speed, and the ease with which they can send money.
However negative reviews cite lost money and delays in the transfer process.
TransferGo is rated very highly on the Google Play Store, and its Android app has 4.9 stars from over 28,000 reviews and one million plus downloads.
Many of the positive reviews comment on their fast transfers, and easy-to-use money transfer app - however negative reviews again cite delays, bugs, missing money, and poor customer service.
These are common themes across all review platforms, which tells us that TransferGo is, for the most, a trustworthy and reliable company.
However, the common themes of missing money or delayed transfers aren’t ideal - remember to always be careful and accurate when inputting details and providing verifying documentation.
“TransferGo may not be the biggest provider on MoneyTransfers.com, but they offer a solid money transfer service, with plenty of flexibility and choice. We found the overall experience with TransferGo to be positive, and would recommend them as a provider if they offer the best rate for your transfer.” \n
Do I need an account to receive money with TransferGo?
You don’t need to have an account with TransferGo to receive money transfers made through the platform.
You’ll just need a bank account or payment card to receive the money.
Do I need a bank account to join TransferGo?
You don’t necessarily need a bank account to join TransferGo - you will also be able to pay via credit card or debit card.
Is TransferGo legal to use?
TransferGo, like all providers we compare on MoneyTransfers.com, is fully reputable, legal and safe to use.
They’re regulated and authorized by all relevant financial institutions in the countries they operate in.
Who owns TransferGo?
TransferGo is owned by Daumantas Dvilinskas, the CEO and Co-Founder.
Can I open a TransferGo account in any country?
You can open a TransferGo account and send money from over 30 countries.
Summary
Our final verdict
We rate TransferGo as a strong money transfer provider, joint third on our list of top ten providers on the market, and would recommend it if it covers your needs.
With consistently high scores across the board and a particularly strong showing for its service quality, they’re worth considering - especially for transfers within the EU.
Used it for couple of years, unfortunately recently the level of their services went down the drain. Transfers are extremely delayed without giving any info. Of course while chatting with them (they cancelled their phone line) it's always someone else's fault, system, bank etc. Definitely I won't be using it ever again.
No, I don't recommendSeptember 10th, 2025
Anonymous
The exchange rate goes to astonishingly bad as soon as you have generated an account… My advise: STAY WELL CLEAR!
No, I don't recommendAugust 13th, 2025
Symeon
The amount shown on the main page is only for new users and for the first 2 transactions.
No, I don't recommendAugust 4th, 2025
Anonymous
so many hoops to get started
I'm not sureAugust 2nd, 2025
Showing 4 out of 4 reviewsShowing 4 out of 4 reviews
Mehdi is an accomplished writer and editor, specializing in personal finance with over five years of experience. His expertise is reflected in his work for prominent brands such as MoneySuperMarket, Equifax, and The AA. Additionally, Mehdi contributes as an author at USA Today, further showcasing his proficiency in the field.
With 6+ years of hands-on experience in international money transfer services, Artiom has tested and analyzed dozens of companies, services, and apps firsthand. From sending money between the UK, EU, US, JP, and ID, to helping friends and family transfer large amounts abroad, he combines deep personal experience with industry insight.
He has worked on content and product at MoneyTransfers.com since 2019, with a focus on FX rates, transfer apps & companies, and comparison tools. His work has been featured in Forbes, Yahoo Finance, Decrypt, PoundSterling, and more.
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