TransferGo is a service for sending money internationally and holding multiple currency balances. It supports transfers to more than 160 countries, with options including bank accounts, payment cards, e-wallets and cash. TransferGo lists instant transfer speed, while bank-account transfers are also described as arriving the next business day. Bank transfers start from 0.2%; card transfers start from 0.2% and may carry third-party fees. Currency exchange starts at 0.5%, or 0.2% for exchanges within the account. The multi-currency account has no setup or monthly costs and supports GBP, EUR, PLN and RON. Users can see fees upfront and track transfers. Registration is possible online using a computer or through Android and iOS apps. TransferGo says it uses end-to-end encryption and safeguarding measures for failed transfers, and is regulated under EU and UK law and authorised by the FCA as an EMI. Customer service is available in English and nine other languages.
Who it is for
It suits people sending international transfers who want several recipient options and account balances in GBP, EUR, PLN or RON. The online registration option and Android and iOS apps provide different ways to access the service.
What is good
- Transfers available to over 160 countries
- Bank and card transfers start from 0.2%
- No setup or monthly account costs
- Upfront fee display and transfer tracking
- Customer service in 10 languages
What to know first
- Card transfers may incur third-party fees
- UK and EEA free ATM withdrawals capped at £500 monthly
- Rest-of-world free ATM withdrawals capped at £200 monthly
Verdict
TransferGo combines international transfers with a multi-currency account and several ways for recipients to receive money. Check transfer fees and ATM withdrawal limits against how you plan to use it.
TransferGo plans and pricing
All plansCompared on money transfer apps
- Free plan
- Yes
- Paid from
- $0.20one-time
- Recipient methods
- Bank accounts, cards, card-to-card payments, e-wallets and cash transfers
- Transfer speed
- instant
- Exchange-rate model
- markup
- Mobile platforms
- both
- Upfront fee display
- Yes
- Transfer tracking
- Yes
