transferGo Money Transfers Review

transferGo is a money transfer service company based in London, . It was founded in 2012 and offers money transfers to 63 countries.

What money transfer methods does transferGo support?

transferGo allows you to send money to the following destinations:

• Bank accounts.

How long does it take for the money to arrive with transferGo?

Typically, money will take 1 day to arrive. However, this may vary depending on the amount, currency, and destination.

How much money can you send with transferGo?

transferGo does not have a minimum transfer amount.

There is no set maximum transfer amount. But you will need to check with transferGo and provide additional information if you are making large transactions.

What fees and commissions does transferGo charge?

• transferGo does not charge a flat processing fee. Instead the cost varies depending on the amount you transfer.
• There is a processing commission of 2.2%. For example, on a $1,000 transfer you will pay around $22. This is just an estimate there may be other fees and commissions to consider.
• If you transfer money to a different currency, transferGo will charge a 2.2% fee. To illustrate, if you want to send $1,000 and convert it into euros, you will have to pay a $22 for the service.

transferGo Money Transfers Fees

Description
International Transfer Fee ($)	$1.24 - $2.31
Processing Commission Range	0% - 2.2%
Processing Fee Range ($)	$0 - $1.38
Foreign Currency Transaction Fee	2.2%
Processing Commission	2.2%

How does transferGo compare to other money transfer services?

Pros & Cons of transferGo

Pros	Cons
Fees and rates are included up front before booking your transfer. Their transfer rates are lower than most banks. No minimum or maximum transfer amounts unless paying with a credit card. (although daily limits may be set by your bank) Funds can be transferred in as little as 30 minutes.	You cannot receive from (but can send to) : Canada, U.S., Hong Kong, India, Israel, Mexico, Philippines, South Africa. Recipients must have a checking or savings account. Cash cannot be sent. Only direct bank transfers. The foreign exchange fee can reach 2.2%. However depending on your country of origin, there may be 0% exchange fee.