{"id":24703,"date":"2022-08-23T05:24:14","date_gmt":"2022-08-23T05:24:14","guid":{"rendered":"https:\/\/transfergo.wpengine.com\/how-it-works\/"},"modified":"2025-04-29T13:10:02","modified_gmt":"2025-04-29T13:10:02","slug":"how-it-works","status":"publish","type":"page","link":"https:\/\/develop.wpvip.tgalpha.com\/gb\/how-it-works","title":{"rendered":"How it works"},"content":{"rendered":"\n
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HOW IT WORKS<\/mark><\/h2>\n\n\n\n

How to transfer money
with TransferGo<\/h1>\n<\/div><\/section>\n\n\n\n
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1<\/h6>\n\n\n\n
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Book a transfer<\/h4>\n\n\n\n

Provide the receiver\u2019s details and the amount you want to send.<\/p>\n<\/div>\n<\/div>\n\n\n\n

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2<\/h6>\n\n\n\n
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Make a local payment<\/h4>\n\n\n\n

Make a local bank transfer or use a debit card (for payments up to \u00a31000)<\/p>\n<\/div>\n<\/div>\n\n\n\n

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3<\/h6>\n\n\n\n
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We do the rest<\/h4>\n\n\n\n

Once we\u2019ve received your payment, the money will arrive at the other end within hours.<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

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Get started<\/a><\/div>\n<\/div>\n<\/div><\/section>\n\n\n\n
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Frequently asked questions<\/h2>\n\n\n\n

Can\u2019t find it here? Check out our Help centre<\/a><\/p>\n

What is TransferGo?<\/h3>

TransferGo is an international money transfer company, offering a range of affordable money transfer services without excessive bank fees.

Founded in 2012, the fast-growing Fintech brand currently serves 22 currencies across 47 countries and counting, with offices across Europe, including London, Vilnius, Berlin, Istanbul, and Warsaw.

Serving both personal and commercial bank transfers on a digital account-to-account model, TransferGo pride themselves on delivering high-quality money transfers with speed, ease and excellent value.<\/p><\/div>

How much will I pay to transfer money with TransferGo?<\/h3>

Our pricing is based on very competitive currency rates, and how quickly you want the money you send to reach its destination.\u00a0

Next-day delivery is super cheap. In fact, most of our next-day transfers are free! The most you\u2019ll pay is \u00a30.99. For super-fast delivery (where your money arrives in as little as 30 minutes), the delivery fee depends on the transfer amount.

Currency rates are fixed, so the amount you decide to send is what will arrive, with conversion rates ranging between 0-2.2%. All fees are included in the amount you see when you create your money transfer so there are no hidden fees. What you see is what you pay.<\/p><\/div>

Is it safe to transfer money abroad with TransferGo?<\/h3>

Yes! TransferGo is a licensed and authorized payment institution (reference no 600886) regulated by the FCA (Financial Conduct Authority) and supervised by HMRC (Her Majesty\u2019s Revenue and Customs) in England, so we offer the same security standards as any commercial bank does.

If you\u2019d like to hear from our customers themselves, then why not visit our\u00a0TrustPilot page<\/a>\u00a0to see what they say?<\/p><\/div>

How long does it take to make an online money transfer with TransferGo?<\/h3>

You can select the desired delivery time based on your needs. General delivery time to our main destination countries:

– Our standard delivery time is the next business day from when we receive your deposit.
– Cheap delivery time will take up to 3 business days from when we receive your deposit.
– We also have a fast delivery options \u2013 your money can be delivered in less than 30 minutes depending on the country where your deposit originates

You should be aware that some in destination countries our services are limited, this means that delivery time takes up to 1 business day longer than in the main countries. Limited service countries are:

– USA
– Australia
– Bulgaria
– Canada
– Switzerland
– Czech Republic
– Hong Kong
– Israel
– Mexico
– South Africa<\/p><\/div>

I have a business, can I transfer money with TransferGo?<\/h3>

Yes, absolutely! Click\u00a0here<\/a>\u00a0to send money as a business.<\/p><\/div>

What\u2019s the difference between TransferGo rates and European Central Bank rates?<\/h3>

Our rates sometimes differ from rates given by the European Central Bank (ECB). The ECB updates their rates around 16:00 CET each day, while our rates are live and constantly updated to reflect market developments.

What\u2019s more, our rates have to cover costs (like exchanging uncommon currencies) and risks (like making transfers while the market is closed). We work hard to make sure they\u2019re some of the best rates in the business. You can compare our rates with the ECB\u00a0here<\/a>.<\/p><\/div><\/div><\/div><\/section>\n\n\n\n

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Send money home.<\/h3>\n\n\n\n


Download our app today for easy, fast and low-cost money transfers on demand.<\/h6>\n\n\n\n
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\n\t\t\n\t\t\tDownload the app\t\t<\/a>\n\t<\/div>\n\t
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