TransferGo Review 2026
Fast and affordable international money transfers across Europe and beyond.
Review focus
Use this page to understand provider fit, then compare your exact route before you send.
Fact-check status
Public-source profile. Verify current licence status, payout coverage, and fees before sending. Source table updated 19 May 2026.
Sources used
4 external source links shown below, including provider-owned pages and regulator lookups where available.
Policy context
Read the Methodology and Commercial Policy to understand how commercial relationships are separated from organic ranking logic.
Quick Facts
Founded
2012
Countries
60+
Speed
30 minutes to 3 days
Typical Fees
€0.99 - €2.99
Decision Snapshot
Best use cases
What to verify before you click out
Check that your send country, receive country, and payout method are supported on the exact route.
Compare the full recipient outcome, not just the headline exchange rate.
Confirm the final quote and transfer timing on the provider checkout page before sending.
Popular routes to test next
Overview
TransferGo is a UK-based international money transfer service founded in 2012 by Lithuanian entrepreneurs. The company has built a strong reputation for fast, affordable transfers across Europe and into Central Asia. With deep roots in the European migrant worker community, TransferGo excels at corridors like UK to Poland, Germany to Turkey, and across the SEPA network.
Pros and Cons
Pros
- Very fast European transfers (30 minutes)
- Low flat fees for most corridors
- Strong coverage across Europe and Central Asia
- Competitive rates for Eastern European corridors
- Simple and intuitive mobile app
Cons
- Limited coverage outside Europe and Asia
- No cash pickup option
- Exchange rate margins on some corridors
- Smaller company than major competitors
Best For
How TransferGo Works
Sign up, choose your send and receive countries, enter the amount, add your recipient's bank details, pay by card or bank transfer, and TransferGo delivers the funds. European transfers via SEPA can arrive within 30 minutes. Transfers outside Europe typically take 1-3 business days.
Fee Structure
TransferGo offers tiered pricing: NOW (instant, slightly higher fee), FAST (same day, standard fee), and ECONOMY (1-3 days, lowest fee). Fees range from €0.99 to €2.99 depending on speed and corridor. Exchange rates include a small margin.
Min Transfer
€1
Max Transfer
€50,000 per transfer
Mobile App
Yes
Business Account
Yes
Popular Corridors
TransferGo FAQs
How fast are TransferGo transfers?
TransferGo NOW transfers within Europe can arrive in as little as 30 minutes. FAST transfers are typically same-day, and ECONOMY transfers take 1-3 business days.
Which countries does TransferGo serve?
TransferGo operates across 60+ countries with a strong focus on European corridors. They cover most EU countries, UK, Turkey, India, Pakistan, Bangladesh, and several Central Asian nations.
Is TransferGo cheaper than Wise for European transfers?
TransferGo can be worth comparing on European corridors, especially within the SEPA network. The stronger option depends on amount, speed tier, payment method, and final recipient estimate.
Can I use TransferGo for business?
Yes, TransferGo offers business accounts for companies that need to make regular international payments to employees or suppliers across Europe and Asia.
Our Verdict
TransferGo may fit European transfers, particularly for users sending money home across Europe and to parts of Asia. Its SEPA coverage and corridor pricing can be useful, but compare its loaded quote against Wise, Remitly, and other available providers before choosing.
Regulation & Security
TransferGo is regulated by the following financial authorities:
Headquartered in London, United Kingdom. Verify the exact licence and payout coverage for your sending country before you transfer.
Source-of-truth links
If you are using this review to make a shortlisting decision, use these external links to verify the current provider entity, licence status, pricing, and review signals. Source table updated 19 May 2026; this is not a guarantee that every licence record was reverified on that date.