TransferGo Review- A Fast and Cheap Way to Transfer Money 2019

5 stars based on 10944 reviews

TransferGo Review by Exchange Rate IQ

Overall rating
8 /10

We value your money and therefore, at Exchange Rate IQ we provide you with the unbiased review of TransferGo. This review is based on our research, customer reliability on the company and how authentic its services are. TransferGo is an alternative to banks which provides “international money transfers” with a major focus in the European countries. It offers the cheapest way to send money to India at the mid-market exchange rates and zero transfer fees.

TransferGo is an “online money remittance company” with headquarter in London. Customers can transfer funds from over 33 countries to over 45 countries. The company has processed more than £700 million in online transfer via web and app. TransferGo money remittance service works on the principle of local in-local out. This means, the customer makes a transaction with local currency in the account of TransferGo and then the company makes local payment to the bank account of the recipient. Some of the benefits of TransferGo are:

  • Low and Transparent Fee
  • Competitive Rates
  • No Transfer Limits
  • Fastest Delivery in 30 Minutes

Review of TransferGo :

Launched in the year 2012, TransferGo offers inexpensive money transfer services for the migrant workers. The company uses a digital transfer process on an account-to-account model, where money transfers do not leave the country as funds are paid in and out locally. A UK-based company, it offers its services in 22 currencies over 47 countries.

TransferGo offers both personal as well as business transfers in the local-in local-out model. Payments can be made through a bank account or debit and credit card. However, it only supports few currencies through cards and these are GBP, DKK, EUR, PLN, NOK, and SEK with a maximum transfer limit of 2,000 GBP. There is no maximum transfer limit on TransferGo when the amount is transferred through a bank account.

TransferGo customer support is available for a few hours in multiple languages, where users can ask the queries related to their transfers. Besides this, the company is also providing enough security to protect the customers from any cyber crimes.

Overall, we rate 8 out of 10 to TransferGo as its services are not fully available in the US, which can help it to grow more.

Pricing : How much does TransferGo cost?

8 /10

TransferGo Transfer Fee:

TransferGo fee differs from the way you transfer and the country you are transferring the funds to. Its transfer fee is fixed and has an additional conversion fee of 0.6% to 1.5% of the transfer amount, which depends on the country you are sending funds from. Some of its various transfers and their fee are:

  • Delivery in 3-5 working days: £ 0.00 (free)
  • Delivery in 1 business day: £ 0.99
  • Delivery in 30 minutes: £ 1.99 or more

TransferGo Exchange Rate:

TransferGo will convert the money from its customers at the prevailing mid-market prices by deducting 0.2% to 2.2% of the margin. The rate gets locked once you start the transaction, so you need not to worry about changing rates.

If speed is not an issue, then TransferGo offers cheap transfers and also the exchange rate margin will be zero. Therefore, experts of Exchange Rate IQ provide TransferGo 8 out of 10 under the pricing head.

Transparency: Does TransferGo have any hidden fees?

7 /10

TransferGo Hidden Fee: The company does not have any hidden fees. You will get all the details of the amount you need to paid and received by the recipient while performing the transaction. However, there should be some additional cost if you transfer the funds through debit and credit card, which will also be shown at the time of the transaction.

TransferGo Tracking Details: If you are transferring the funds through TransferGo, you can track it on your dashboard. It will provide the pending and complete transactions there, where you will get the details on how much time it will receive to the recipient.

You can also cancel the transfers from the website of TransferGo, but if you have once made the transfer, you need to contact TransferGo customer support and it will cancel the booking within 24 hours.

The company has no hidden fees and also providing enough tracking details, however, it does not have a cancellation on a click and you need to contact them. Therefore, we provide 7 out of 10 rating to it under transparency head

Transfer Speed: How long does it take to send money through TransferGo?

8/10

The time taken by TransferGo varies from country to country and based on your needs. It has some main countries where the general delivery time is:

  • Standard delivery takes place on the next business day from the time the company receives your amount.
  • Cheap delivery takes up to 3 business days from the time the company receives your amount.
  • It is also providing faster delivery options, where the funds get delivered in 30 minutes, depending on the country from where you deposited the amount.

There are some countries where it has limited services and takes more than 1 business day to deliver the funds. These are:

  • USA
  • Australia
  • Bulgaria
  • Canada
  • Switzerland
  • Czech Republic
  • Hong Kong
  • Israel
  • Mexico
  • Africa

So, on the base of transferring speed of TransferGo, we would rate it 8 out of 10 because in many countries, it is offering 1 business day transfer and also allowing instant transfers in case of faster delivery option.

Coverage: How many Countries & Currencies does TransferGo support?

7/10

One can send the money to 47 countries through TransferGo from over 30 countries in 22 currencies. One can send the money through a bank account, debit and credit card to these countries. The company provides transparent exchange rates and the flat fee which will be shown during the transaction. Some of the top countries, where you can send money through TransferGo are:

Send Money to following counyties via TransferGo

Australia Greece Germany Malta Poland
UK USA India Italy France
Russia Canada South Africa Denmark Norway and more

As we see an overall coverage area of the company, we will provide 7 out of 10 to it. This is because the company is not providing its services to many countries and it still has a vast area to cover. So, if you are among the countries cover by TransferGo login here.

TransferGo Transfer Process

TransferGo: How it works?

  1. Go to TransferGo website.

  2. Select the country to which you have to send the money and click on “Get Started”.

  3. You need to sign up, either personal or business.

  4. Enter email and password or you can sign up with Facebook or Google account.

  5. Enter all the personal details including bank account, ID etc.

  6. Enter the recipient details.

  7. Enter money you want to send and re-check the details.

  8. Click on send.

  9. Your amount will be received by the recipient in the time shown during the transaction.

Send money with TransferGo

Send money with TransferGo in Romania

More than 2 million people from Romania live in the UK and other parts of Europe which look after the most trusted money transfer facility. So, TransferGo offers this facility to such people who want to send money back to their families in their native country. It delivers money within 3-5 working days if you transfer it through bank account on free delivery basis. If there is an emergency, the amount will be reached to the recipient within 24 hours on the fast delivery with higher fees or provide standard delivery in 3 days which also attracts a small fee. So, if you transfer 500 GBP to Romania, it will charge £0.99 on standard delivery and £1.99 on same day delivery, for express delivery, it charges a higher amount.

Send money with TransferGo in Germany

Transfer money internationally to your family is now a hassle-free task and you need not visit the company offices again and again like earlier. This has become easier with TransferGo, which offers you to low flat fees and high exchange rates where you send money using your bank account or debit card. The company offers the fastest delivery option within 30 minutes where it charges flat fees of £2.99 when you send amount up to 2000 GBP.

The transfer process of TransferGo is super-easy and it also offers great exchange rates. Besides, it has a great customer support service which helps you in the language you understand.

Send money to Australia with TransferGo

TransferGo allows Bank account, debit card as well as a credit card to transfer money from one country to another. It transfers money within 3-5 days when you make the normal transfer, while in standard and express transfers, it sends money faster compared to other competitors.

Besides, the company also caters to business customers and helps them to pay to their employees, suppliers, freelancers, etc. The transfer fee for individuals as well as businesses are the same and the rates margins also become lower as you increase the transfer amount.

User experience of TransferGo

8/10

TransferGo is a highly responsive website, which will provide all the details of fees and exchange rates when you select the country to transfer the funds. Its website is also available in multiple languages so that more and more people can connect to it. Besides this, it also offers cheap as well as fast transfers, depending on the option you select for sending the funds.

While it is only possible to send the money to the bank account of the recipient as the company does not offer any cash pick-up or courier services. Besides this, TransferGo also does not offer airtime top-up or mobile transfer. So, one can only send the funds through a bank account or debit and credit card. Some of the positive and negative points considered by the customers are:

Positive:

  • High speed and low transfer fee
  • Easy to use service
  • Good customer support
  • No minimum and maximum transfer limits

Negative:

  • Limited availability in the world
  • Bank deposit and debit/credit card transfer only

TransferGo Promo Code:

TransferGo does not have any promo code, besides this, the user can refer it to any friend to earn free transfers. It will provide a unique link which you can share with your friends and earn thousands of pounds if he/she will transfer more than £50 or more with no transfer fees.

TransferGo Contact:

You can contact the company between Monday to Friday, from 7.00 a.m. to 16.00 p.m. BST, excluding bank holidays. Some of its contact numbers for different lingual people are provided under:

English:

+44 13 9269 4030

+49 30 2000 42053

Lithuanian:

+44 11 8310 0891

+370 521 40 4 50

+49 30 5683 8124

Polish:

+44 14 3830 5041

+48 58 881 05 00

+49 30 2000 42077

Romanian:

+44 115 824 3082

+40 31 630 1568

+49 30 5683 8134

Latvian:

+44 13 2980 1033

+371 678 59 665

+49 30 5683 8045

Russian:

+44 13 7535 2030

+49 30 5683 8115

+48 12 881 32 54

Ukrainian:

+48 58 881 03 54

+44 114 303 1667

+49 30 5683 7611

+380 893 240 520 (only for the calls from Ukraine)

Turkish:

+49 30 5884 9180

+44 203 856 4456

+908503907412

You can also mail your queries to the company at [email protected]

TransferGo Mobile Apps

The company has been providing the mobile apps, you can download TransferGo app here:

1. TransferGo Android App

2. TransferGo iOS App

On an overall user experience basis, we provide 8 out of 10 to TransferGo because the company does not offer online transfers or air-time top up. At the same time, one cannot use other cards except Visa and MasterCard. You can also not use your crypto currencies or money market securities to transact through TransferGo.

Security : Is TransferGo Safe?

9/10

TransferGo keeps the personal and financial information of its clients separately. The company has been following various regulations which help it to keep the high privacy for its users.

  • The company offers institutional grade security, which includes 256-bit SSL encryption with a 2048-bit signature.
  • The company has been regulated by the UK Financial Conduct Authority.
  • It is also registered with Her Majesty’s Revenue and Custom.

As we see that the TransferGo is fully licensed and fully secured, hence we provide 9 out of 10 to its security measures.

Transfer Type And Modes

Pay In Options

Bank

Pay Out Options

Bank

Service Mode

 Online

Exchange Rate Type

Fixed

TransferGo FAQ's

How do I know if the recipient has received money or not?

TransferGo provides you with the details of money transfer at every step through email. You can also track the transfers just by logging in at your dashboard.

Discuss this question

TransferGo Vs TransferWise: Which money transfer company is better to send money to India?

Both the companies are best at their places. TransferGo offers mid-market exchange rates while TransferWise offers real time rates. However, TransferGo provide cheap transfers as it charges no fees, While TransferWise charges fees even in its low-cost transfer option. TransferGo provides faster delivery compared to TransferWise.

Discuss this question

Can I make payments using a credit card or debit card through TransferGo?

Yes, TransferGo accepts debit and credit card but that should be of MasterCard and Visa only. It does not accept any other company’s cards. So, those who want to transfer funds through any other card could not use its services. At the same time, it does not accept crypto currencies, Savings and Money Market accounts, American Express and Discovery card.

Discuss this question

Does TransferGo provide cancellation and refund services?

Yes. You can cancel the transfers within 24 hours after completing the transaction by contacting the support team. The amount will credit back to your account in the next 5-7 working days.

Discuss this question

Alternatives to TransferGo

TransferGo User Reviews and Ratings

reviews powered by trustpilot

Участвуйте в реферальной программе TRANSFERGO! Используйте код приглашения на момент регистрации! Для бесплатного перевода денег,и начисления бонуса 10£(320 грн). Текущий код приглашения: FREEGO

Review published ago

Рекомендую👍 Очень довольна работой сервиса, пользуюсь их услугами уже на протяжении двух лет. При переводах никаких проблем не было. Всегда хороший курс обмена, есть разные виды отправлений, деньги всегда приходят вовремя, иногда даже раньше! Также у вас есть возможность, отправить деньги совершенно бесплатно, и еще получить бонус в размере 10£(12 евро) в подарок, используя код приглашения на момент регистрации! Действующий базовый код приглашения➡️ FREEGO

by Карина

Участвуйте в реферальной программе TRANSFERGO! Используйте код приглашения на момент регистрации! Для бесплатного перевода денег,и начисления бонуса 10£(320 грн). Текущий код приглашения: FREEGO

Review published ago

Рекомендую👍 Очень довольна работой сервиса, пользуюсь их услугами уже на протяжении двух лет. При переводах никаких проблем не было. Всегда хороший курс обмена, есть разные виды отправлений, деньги всегда приходят вовремя, иногда даже раньше! Также у вас есть возможность, отправить деньги совершенно бесплатно, и еще получить бонус в размере 10£(12 евро) в подарок, используя код приглашения на момент регистрации! Действующий базовый код приглашения➡️ FREEGO

by Карина

TransferGo - najlepsza usługa do wysyłania pieniędzy do 🇵🇱Polski z zagranicy! Aktualny kod polecający: FREEGO

Review published ago

Witam✋ 🌍Jesteś za granicą, chcesz przesłać 💸pieniądze Do Domu, transferGo to najlepsza usługa do przelewania pieniędzy! Używam go od 2 lat, nie było problemów z wysyłaniem, zawsze dobry kurs wymiany. Pierwsza przesyłka za pomocą kodu polecający(kupona) jest bezpłatny, również otrzymasz bonus 10 funtów(47 PLN). Wpisz kod przy rejestracji➡️ FREEGO

by Mark

TransferGo - najlepsza usługa do wysyłania pieniędzy do 🇵🇱Polski z zagranicy! Aktualny kod polecający: FREEGO

Review published ago

Witam✋ 🌍Jesteś za granicą, chcesz przesłać 💸pieniądze Do Domu, transferGo to najlepsza usługa do przelewania pieniędzy! Używam go od 2 lat, nie było problemów z wysyłaniem, zawsze dobry kurs wymiany. Pierwsza przesyłka za pomocą kodu polecający(kupona) jest bezpłatny, również otrzymasz bonus 10 funtów(47 PLN). Wpisz kod przy rejestracji➡️ FREEGO

by Mark

TransferGo - najlepsza usługa do wysyłania pieniędzy

Review published ago

TransferGo - najlepsza usługa do wysyłania pieniędzy Wpisz kod przy rejestracji ➡️10FORU otrzymasz bonus 10 funtów TransferGo - najlepsza usługa do wysyłania pieniędzy do 🇵🇱Polski z zagranicy! Wpisz kod przy rejestracji ➡️10FORU otrzymasz bonus 10 funtów

by Adam

TransferGo - najlepsza usługa do wysyłania pieniędzy

Review published ago

TransferGo - najlepsza usługa do wysyłania pieniędzy Wpisz kod przy rejestracji ➡️10FORU otrzymasz bonus 10 funtów TransferGo - najlepsza usługa do wysyłania pieniędzy do 🇵🇱Polski z zagranicy! Wpisz kod przy rejestracji ➡️10FORU otrzymasz bonus 10 funtów

by Adam

Gaukite 10£ premiją! Naudokite pakvietimo kodą: FREEGO

Review published ago

Aš rekomenduoju TransferGo visiems ieškantiems geriausio budo persiusti pinigus iš užsienio!! Dalyvaukite premijų programoje. Naudokite kvietimo kodą registracijos metu! Norėdami gauti premiją 10 svarų, ir pervesti pinigus visiškai nemokamai! Pakvietimo kodą: FREEGO

by ANDRIANNA

Gaukite 10£ premiją! Naudokite pakvietimo kodą: FREEGO

Review published ago

Aš rekomenduoju TransferGo visiems ieškantiems geriausio budo persiusti pinigus iš užsienio!! Dalyvaukite premijų programoje. Naudokite kvietimo kodą registracijos metu! Norėdami gauti premiją 10 svarų, ir pervesti pinigus visiškai nemokamai! Pakvietimo kodą: FREEGO

by ANDRIANNA

Great service for sending 💰money! Use the invitation code, for a free transfers and bonus £10! Base invite code: FREEGO

Review published ago

Fast, reliable, cheap and without problems! I am very pleased with sending money through TransferGo. The money came to the addressee the next morning without any problems. I will continue to use your services. Thanks!

by Karolina

Работа сделана успешно!

Review published ago

Работа сделана успешно!

by Valerii Vikulov

Перевод пришел без проблем

Review published ago

Перевод пришел без проблем

by Tetiana Trubai

TransferGo - najlepsza usługa do wysyłania pieniędzy

Review published ago

Wpisz kod przy rejestracji ➡️10FORU otrzymasz bonus 10 funtów TransferGo - najlepsza usługa do wysyłania pieniędzy do 🇵🇱Polski z zagranicy! Wpisz kod przy rejestracji ➡️10FORU otrzymasz bonus 10 funtów

by Piotr

Very quick and hassle free transfer

Review published ago

Very quick and hassle free transfer! Exchange rates are fixed so you know exactly how much you're sending, and the transfer fees are affordable. Highly recommended service!

by ccdr

TRANSFERGO - отличный сервис для тех кто работает за границей! Переводите деньги без комиссии! Также получите бонус 10£(12 евро) в подарок! Используйте при регистрации базовый код приглашения➡️ FREEGO

Review published ago

Рекомендую! Сервис - супер, проверенный лично. Работаю заграницей и зачастую пользуюсь услугами этой компании, отправляю деньги с Польши в Украину, и очень довольна результатом, так как обслуживание на высоком уровне. Сервис предлагает выгодный обменний курс,разные виды отправки,бонусная программа, деньги всегда приходят в указанный срок, есть служба поддержки.В целом все надёжно и безопасно! Также важно для новых пользователей TRANSFERGO❗В момент регистрации используйте кол приглашения, чтобы получить совершенно бесплатный перевод денег и бонус размере 10 фунтов(12 евро) в подарок. Базовый действующий код приглашения: FREEGO

by Роксолана

gvlxgO - промокод 10£(12€) в подарок!!!

Review published ago

gvlxgO - промокод 10£ в подарок!!! Вводь код при регистрации и посля первого перевода од 50 фунтов 10 фунтов получаеш в подарок(14$) з выводом на карту!!! Рекомендую всем!!!

by sasha antoniyk

Базовый код для регистрации и бонуса 10 фунтов - MONEY10

Review published ago

По сравнению с нашими банками, ТрансферГо это самый дешевый и быстрый способ перевода денег👌. А еще этот сервис предлагает бесплатные переводы и бонусы 10 фунтов за трансфер от 50 фунтов. Таким образом, делая переводы ты не тратишь а зарабатываешь деньги👍. Ну такого наши банки уж точно не предложат.  👉 Для получения бонусов 10 фунтов, бесплатных переводов и участия в бонусной программе используйте только БАЗОВЫЕ, ТО ЕСТЬ 7-и ЗНАЧНЫЕ КОДЫ приглашения. Делюсь одним из них ➡️MONEY10

by Ольга Барских

10FUNTIF бонус код на 10 фунтов

Review published ago

10FUNTIF бонус код на 10 фунтов Идеальный сервис для денежных переводов. Живу в Лондоне и вот уже на протяжении 4 лет перевожу деньги родителям на Украину. Проблем нет, все просто и очень быстро. Первый перевод бесплатно, а по этому коду приглашению:10FUNTIF вам еще и 10 фунтов подарят в качестве бонуса.

by Олег Федина

Для бонусов 10£ и бесплатных переводов регистрируйтесь с базовым кодом ➡️MONEY10

Review published ago

Всё супер. Сервис отличный. Постоянно им пользуюсь поэтому рекомендую всем. Курс конвертации выгодный, клиентская поддержка безупречна, простой и удобный интерфейс. Еще есть уникальная бонусная программа. Спасибо разработчикам! Учавствуйте в бонусной программе – регистрируйтесь с кодом и получите 10 фунтов в подарок и бесплатные переводы. Основной базовый код приглашения ➡️MONEY10

by Наталья

TRANSFERGO - надійний та безпечний сервіс! Відправляй кошти без комісії, також отримуй бонус 10 фунтів(320 грн) в подарунок! Використовуючи в період реєстрації діючий базовий код запрошення➡️ FREEGO

Review published ago

🔹Рекомендую компанію TransferGo всім, хто шукає кращий спосіб переказу коштів із-за кордону додому! Користуюсь послугами сервісу уже протягом двох років, ніяких проблем при відправці не виникало, гроші завжди надходили вчасно. Компанія пропонує вигідний курс обміну, різні види відправлень, є служба підтримки, реферальна программа! 🔸Також для нових користувачів є можливість відправити кошти абсолютно безкоштовно, і отримати бонус в розмірі 10 фунтів (320 грн) у подарунок, використовуючи код запрошення в період реєстрації! Діючий базовий код запрошення: FREEGO

by Юрій

K6LCSY

Review published ago

K6LCSY Быстро, надежно и без дополнительных неудобств. Рекомендую сервис TransferGo, так как могу на своем примере рассказать о его преимуществах. Все четко в сроки, которые указаны, даже порой быстрее. В общем я очень довольна и буду в дальнейшем пользоваться TransferGo. А еще очень приятный бонус в виде 10£ ~ 12€, если зарегистрируешься за промокодом K6LCSY. Регистрируйся, пользуйся и получай бонусы !!

by Аня Козачук

Nen7F5- бонусний код (330грн)

Review published ago

Nen7F5- бонусний код (330грн) Реєструйся з промокодом Nen7F5 та отримуй 10 фунтів( 330грн ) у ПОДАРУНОК

by Ира Антонюк

Great rates, user friendly site

Review published ago

Great rates, quick transfers, well designed and easy to use site.

by Anna Wieckowska

Easy and fast

Review published ago

Easy and fast

by Valentyna Lebid

Servicii excelente! Cod de invitație: FREEGO

Review published ago

O aplicatie foarte usor de folosit, un curs valutar foarte bun, iar transferul s-a efectuat foarte repede! Puteți obține, de asemenea, un bonus de 10 de lire sterline! Utilizați codul invitației la momentul înregistrării!

by Florin
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