Is TransferGo legit?

Is TransferGo legit?

The short answer is: absolutely! TransferGo Ltd is a registered payment service provider. We are supervised by HM Revenue & Customs (HMRC) under Money Laundering Regulations 12667079, and regulated by the UK Financial Conduct Authority (FCA) as authorised payment institution 600886.

How does TransferGo work?

After you order your transfer, you’ll see which bank details to pay the money into. You can pay with your online bank account or your debit card. As soon as the money reaches us, we’ll send it on.

Which is better TransferWise or TransferGo?

TransferWise easily beats TransferGo in all categories which reflects its stronger personal and business services and transparent, cheaper fees and exchange rates. The only two areas that TransferGo came close to TransferWise was in the Ease of Use and Support and Countries sections.

How do I receive money from TransferGo?

The TransferGo bank account to which you must make the payment will appear after you have completed your transfer request. This payment can be made via your online banking system or with your debit card. Once we have received your payment, the money will be sent to your recipient.

Is Transferboss safe?

It’s quick, safe and secure and we will never share your financial details with anyone.

How fast is TransferGo?

Transfers can take as little as 30 minutes to as long as 3 working days to arrive in a recipient’s account. It will all depend on the destination, chosen currency and transfer amount.

Does TransferGo work in USA?

You can send money to most major countries in the West, including Germany, France, Ireland, Italy and Spain. You can also send money to various countries in North America including the United States, Mexico and Puerto Rico.

Who is cheaper than TransferWise?

Article summary:

Alternative Hidden Conversion Fee* Benefits compared with Wise (formerly Transferwise)
PayPal 2.5-4% Convenient
MoneyGram 1-3% Recipient can get the money in cash
Banks 1-5%
Xoom 0-5-1%

What is better than TransferWise?

Sites like Wise

  • OFX.
  • WorldRemit.
  • TorFX.
  • Instarem.
  • MoneyGram.

How can I send money from UK to Nigeria?

How do you send a bank transfer to Nigeria?

  1. Select ‘Bank Transfer’ as the preferred service.
  2. Select the bank.
  3. Enter the amount you want to send.
  4. Check the low fees and the exchange rate you’ll receive upfront.
  5. Enter your recipient’s details.

What app can I use to send money from UK to Nigeria?

With WorldRemit, you can send money online to Nigeria from the UK quickly and safely. You’ll enjoy low exchange rates, fast transfers at no-cost to the recipients.

Does Monito work in Nigeria?

There are plenty of options for sending money back to Nigeria. Here on Monito we cover all the popular specialist money transfer providers and banks for converting your money into nairas and sending it home. You can send money online and pay in a variety of ways including credit card.

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