TransferGo works with a network of 30 banks, and is specialised in remittances to Eastern Europe, although it works very effectively in Western Europe as well. The company can transfer money to 45 countries for a very low flat fee and with transparent exchange rate margins.
Regulated by the FCA for complete security, the company is extremely effective in making bank-to-bank transfers rapidly. From the UK, TransferGo can get your money to banks in places like Lithuania or Russia in a matter of hours.
You can fund your international transfer directly from your bank account, or using a debit or credit card with no card fee. Irrespective of the type of funding, the money will arrive at the bank of your choice.
Standard transfers are guaranteed to arrive by the end of the next business day. Faster options are available for most transfers from the UK, with funds being delivered the morning of the next business day (Express service), the same business day (Today service) or within 30 minutes.
TransferGo also provides a range of services to business. But the company is less effective at making transfers with large sums.
The company offers an app for both IOS and Android, which makes access very easy. Registration is also relatively simple, and the amount of personal information required is reasonable. Customer service is extremely reliable and is available in a number of different languages. The company prides itself on service and builds a good relationship with its clients.
OFX (previously UKForex in the UK), provides secure and speedy international money transfers to over 300,000 people in 55 currencies at better-than-bank rates
Excellent exchange rates | No transfer fees | Thousands of 5 star reviews
Great exchange rates | Specialist services | No added fees, 24/7 transfers | Safe and secure
Great rates | One-off payments | Regular transfers | E-Money Institution | No fees for FXcompared customers
Currency exchange specialists ranking No.1 on Trustpilot for the past two years
One-off payments | Regular payments | Great rates | Safeguarded customer funds
Banks are the most expensive way to do an international money transfer, the quotes from the providers above show you the typical savings that can be made. All providers on FXcompared.com are regulated in the UK by the FCA, in the USA by FinCEN, In Canada SSC and Australia, ASIC.
We check all rates regularly and this quote is an actual quote of the average from UK banks for this month. It includes all major and small banks. Lloyds, Barclays, HSBC, Santander, NatWest, RBS, Coutts, Handelsbanken, Metro bank and more - tracked every month. We obtain our rates via our IMTI platform.
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FXcompared.com is an fx money comparison site for international money transfer and to compare rates from currency brokers for sending money abroad. The website and the information provided is for informational purposes only and does not constitute an offer, solicitation or advice on any financial service or transaction. None of the information presented is intended to form the basis for any investment decision, and no specific recommendations are intended. FXC Group Ltd and FX Compared Ltd does not provide any guarantees of any data from third parties listed on this website. FX compared Ltd expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from (i) any error, omission or inaccuracy in any such information or (ii) any action resulting therefrom.
