Every now and then, money moves. Be it for bills or sending it to our families it’s on wheels without a brake. To make this transfer easier we have several options all with their own charges and timelines. One such alternative to transfer money is Transfergo. They say they wish to make the financial transfer as easy as sending a message for lunch! Let's find out more about it and read customer reviews to decide if this should be your money’s next transfer medium.
Transfergo was started in 2012 by a team of four young professionals. Like many of us, they had needed to transfer money internationally. Having incurred slow transfers and big fees, they came up with Transfergo to provide an alternative for money transfer. It is basically an international money transfer company offering services without excessive bank fees. It currently supports 22 currencies across 47 countries. They have offices across Europe, including London, Vilnius, Berlin, Istanbul, and Warsaw. To transfer the money you have to first book a transfer by providing the recipient’s details and the amount you want to send. You then make a local bank transfer or use a debit card. The rest of the process is handled by the Transfergo team.
They serve personal and commercial bank transfers on a digital account-to-account model. Apart from individuals they also cater to the needs of businesses and sole traders. They support batch payments. That is, one can pay up to 50 suppliers or salaries with a single local payment. These employees or suppliers can be located in different parts of the world. They allow you to track your transfers and can share links of these with the receiver as well. This will help the receivers to know when the payment will arrive. You can contact the support team which is available in about 9 different languages via online chat, email and phone. They also offer competitive foreign exchange rates.
Their pricing is based on currency rates and how fast you want the transfer to happen. They have a standard delivery, a cheap delivery and offer fast delivery options as well. Fast delivery can be as quick as 30 minutes depending on the country where the deposit originates. Standard and cheap delivery take up to 1 and 3 business days respectively. But is it really safe to transfer money via them? TransferGo is a licensed and authorized payment institution regulated by the Financial Conduct Authority and supervised by Her Majesty's Revenue and Customs in England, so they offer the security standards equivalent to any commercial bank.
Have you ever used their services for a money transfer? Was it successful and on time? Leave us feedback sharing your experience as it can help many. Otherwise, if you are planning to send money to your loved ones via Transfergo, read the customer reviews to decide if they should be your service provider or not. Reviews often lead you to correct decision making so keep reading.