Send Money With TransferGo

TransferGo: A Comprehensive 2025 Guide to Sending Money Abroad

Introduction: What is TransferGo?

TransferGo is a FinTech company founded in 2012, designed to make international money transfers accessible, fast, and affordable. Specialising in serving migrants, it operates across 160+ countries with competitive exchange rates and low fees. With over 3.5 million customers and 200+ employees, TransferGo has a strong presence in Europe.

Key Features:

• Global Reach: Active in 160+ countries.
• Fast Transfers: Delivery in as little as 30 minutes.
• Low Fees: 90% lower than traditional banks.
• No Hidden Costs: Transparent pricing and mid-market rates for the first two transfers.

Where Can You Use TransferGo?

Supported Regions:

• Send Money From: 34 countries, including the UK, Germany, France, and Sweden.
• Send Money To: 160+ countries, covering all major continents.

Some popular destinations include:

• Europe: Germany, Poland, France, and Lithuania.
• Asia: India, Pakistan, Philippines, and Indonesia.
• Africa: Ghana, Kenya, and Nigeria.
• Americas: USA, Canada, and Mexico.
• Oceania: Australia and New Zealand.

TransferGo Fees and Exchange Rates

Fee Structure:

• First Two Transfers: Free of charge.
• Regular Fees: Transparent and competitive, varying by delivery speed.
• Special Offers: Free transfers to Ukraine.

Exchange Rates:

• Marginal markup between 0.22% and 0.97% compared to mid-market rates.

Example Rates (January 2025):

Transfer Speed

Depending on your transfer options and destinations:

1. Instant Transfers: Within 30 minutes.
2. Same-Day Transfers: By the end of the business day.
3. Next Day Transfers: By the following working day.

Note: Transfers to destinations like Kenya, Thailand, or the USA may take slightly longer if using bank transfers.

Payment and Delivery Options

How to Pay:

1. Bank Transfers: Cost-effective and widely used.
2. Debit Cards: Supported globally for convenience.
3. Credit Cards: May include additional processing fees.

Delivery Methods:

1. Bank Accounts: Direct deposits.
2. Debit/Credit Cards: Fast and convenient for recipients without bank accounts.
3. Cash Pickup: Available in select countries.
4. Phone Link Transfers: A unique SMS link allows recipients to choose how to receive funds.

Promotions and Rewards

1. First Two Transfers Free: A great way to save.
2. Referral Programme: Earn £20 for every successful referral.

Safety and Security

TransferGo is fully regulated:

• FCA Authorised: UK Financial Conduct Authority (No. 600886).
• HMRC Registered: Compliance with money laundering regulations.
• Safeguarded Funds: Customer funds are held separately from operational funds.

Data Security Measures:

• SSL encryption.
• Segregated accounts.
• Trusted banking partners.

Customer Reviews

Trustpilot Rating: 4.8/5 from 25,000+ reviews.
Users appreciate its speed, low fees, and customer support.

Frequently Asked Questions (FAQs)

1. How much can I send with TransferGo?
Transfer limits depend on the sender’s country. Use the TransferGo calculator for precise figures.

2. How long do transfers take?
Transfers are instant to 1 working day, depending on the destination and delivery method.

3. Are there any hidden fees?
No, TransferGo provides clear fee breakdowns before completing your transfer.

4. Do I need an account to receive money?
No, recipients can access funds via bank accounts, cards, or phone links without a TransferGo account.

5. How do I verify my identity?
Upload documents (passport, driving licence) and a selfie for verification if transferring over £900.

Customer Support

For assistance:

• Website: TransferGo
• Mobile App: Available on Google Play, App Store, and Huawei Gallery.
• Contact Email: support@transfergo.com

Why Choose TransferGo in 2025?

Whether you need fast transfers, low fees, or a reliable remittance service, TransferGo provides an excellent option for international money transfers. Sign up today and enjoy your first two transfers free!