Compare TransferGO vs WorldRemit

UAB 'TransferGO Lithuania' Logo
Trustpilot Rating
Reviews 15,946 | Excellent
 (4.8)

UAB 'TransferGO Lithuania' is an electronic money institution focused on international money transfers. UAB 'TransferGO Lithuania' offers fast money transfers, mobile money transfers, batch payments to individuals, businesses. Incorporated in Lithuania, UAB 'TransferGO Lithuania' is authorized and regulated by the Bank of Lithuania.

WorldRemit Ltd Logo
Trustpilot Rating
Reviews 38,402 | Excellent
 (4.5)

WorldRemit Ltd is an electronic money institution focused on international money transfers. WorldRemit Ltd offers international payments, digital wallets to individuals. Incorporated in the United Kingdom, WorldRemit Ltd is authorized and regulated by the Financial Conduct Authority.

TransferGO Business Focus
international money transfers
TransferGO Services
  • fast money transfers
  • mobile money transfers
  • batch payments
TransferGO Clients
  • individuals
  • businesses

View TransferGO Profile +

WorldRemit Business Focus
international money transfers
WorldRemit Products
  • digital wallets
WorldRemit Services
  • international payments
WorldRemit Clients
  • individuals

View WorldRemit Profile +

Compare Money Transfers

TransferGO WorldRemit
Speed0-4 days0-2 days
Countries40+ countries150+ countries
Currencies20+ currencies110+ currencies
Sending From
  • TransferGO accounts
  • bank accounts
  • debit cards
  • credit cards
  • bank accounts
  • debit cards
  • credit cards
  • WorldRemit wallets
Receiving To
  • bank accounts
  • bank accounts
  • mobile phone accounts
  • cash pick-up points
  • airtime top-ups
  • physical cash door-to-door
  • WorldRemit wallets
Make Transfer Make Transfer
 

Transfer Costs

TransferGO

Transfer Fees
TransferGo charges a fixed fee depending on which country a customer is sending money from, for example:

  • Eurozone: 0.99-2.99 EUR
  • United Kingdom: 0.99-2.99 GBP

Exchange Rate
TransferGo charges foreign exchnage commission between 0.00% and 3.3%

WorldRemit

Transfer Fees
Zero fees on your first money transfer
Exchange Rate
Exchange rate is displayed upfront

Transfer Speed

TransferGO

In general TransferGo processes the transfer within 0-4 days and offers several delivery time options:

  • Standard Delivery Time is the next business day from when TransferGo receives the transfer deposit
  • Cheep Delivery Time takes up to 3 business days from when TransferGo receives the transfer deposit
  • With Fast Delivery Option the money can be delivered in less than 30 minutes depending on the country where the deposit originates
For limited services countries delivery takes up to 1 business longer than in the main countries.

WorldRemit

In most cases, transfers sent using WorldRemit arrive within minutes.
In general, the delivery time will be as follow:

  • Cash Pickup. Available to collect instantly.
  • Mobile Money. Within minutes.
  • Airtime top-up. Within minutes.
  • Bank transfer. Transfers within minutes are available to selected banks; other thing the timing depends on include: the bank, day of the week, transacion creation time.

Sending Countries

TransferGO

TransferGO allows to send money from 33 countries, namely:

AT Austria
BE Belgium
HR Croatia
CY Cyprus
CZ Czech Republic
DK Denmark
EE Estonia
FI Finland
FR France
DE Germany
GR Greece
HU Hungary
IS Iceland
IE Ireland
IT Italy
LV Latvia
LI Liechtenstein
LT Lithuania
LU Luxembourg
MT Malta
MC Monaco
NL Netherlands
NO Norway
PL Poland
PT Portugal
RO Romania
SM San Marino
SI Slovenia
SK Slovakia
ES Spain
SE Sweden
CH Switzerland
GB United Kingdom

WorldRemit

WorldRemit provides sending money from 50+ countries.

Receiving Countries

TransferGO

TransferGO allows to send money to 55 countries, namely:

AU Australia
AT Austria
BD Bangladesh
BE Belgium
BG Bulgaria
CA Canada
CN China
HR Croatia
CY Cyprus
CZ Czech Republic
DK Denmark
EE Estonia
FI Finland
FR France
DE Germany
GR Greece
HK Hong Kong
HU Hungary
IS Iceland
IN India
ID Indonesia
IE Ireland
IL Israel
IT Italy
KE Kenya
LI Liechtenstein
LT Lithuania
LU Luxembourg
LV Latvia
MT Malta
MX Mexico
MC Monaco
NG Nigeria
NL Netherlands
NO Norway
NP Nepal
PH Philippines
PK Pakistan
PL Poland
PT Portugal
RO Romania
RU Russian Federation
SM San Marino
SI Slovenia
SK Slovakia
ZA South Africa
ES Spain
LK Sri Lanka
SE Sweden
CH Switzerland
TH Thailand
TR Turkey
GB United Kingdom
US United States
UA Ukraine

WorldRemit

WorldRemit supports sending money to 150+ countries.

Sending Methods

TransferGO

TransferGO Account
In order to be able to make a transfer, you should top-up your TransferGO account.
Bank Account
Make a local transfer to TransferGo using the details provided.
Payment Cards
TransferGO accepts Visa and Mastercard debit and credit cards (in GBP, EUR, PLN, NOK, SEK and DKK) with a limit of 2,500.00 GBP for Standard delivery option. Pre-paid or other type cards are not accepted.

WorldRemit

Bank Transfer
Sender needs to transfer the full amount from his/her own bank account into WorldRemit's bank account.
WorldRemit Wallet
Transfers are instantly processed and the Wallet allows your recipient to receive, send and withdraw funds in multiple currencies.
Payment Cards
WorldRemit accepts most types of debit, credit and pre-paid cards that are issued by Visa or Mastercard. WorldRemit cannot accept cards from the following issuers:

  • Amex
  • Diner’s Card
  • Union Pay

Other Methods
  • Poli
  • Interac
  • iDEAL
  • Sofort
  • Apple Pay
  • Trustly

Receiving Methods

TransferGO

Bank Account
TransferGO performs transfers to bank accounts only.

WorldRemit

Mobile Money
Most mobile money services are offered by local mobile telecoms operators who have received a license to operate electronic payments services. Before sending money to a mobile money service using WorldRemit, please make sure that your recipient has a mobile money account.
Cash Pickup
Cash pickup transfer is a payment that your recipient can collect as physical cash from a supported location within WorldRemit's local partner network.
Bank Transfer
Direct to bank is a transfer when the money i s delivered straight to the recipient’s bank account.
Airtime Top-up
Top-up is adding credit to a pre-paid phone. Airtime top ups sent via WorldRemit are usually instant.
WorldRemit Wallet
Transfers are instantly processed and the Wallet allows your recipient to receive, send and withdraw funds in multiple currencies.

Advantages and Disadvantages

Advantages of TransferGO Transfers

Available to personal and business customers

Advantages of WorldRemit Transfers

Broad coverage of countries
Variety of sending options
Variety of receiving options

Disadvantages of TransferGO Transfers

Receiving money to bank accounts only

Disadvantages of WorldRemit Transfers

Have to open an account and pass identity verification
Account opening available to individuals only

How TransferGO Transfers Work

1.
Login or register
Login or register at TransferGO website.
2.
Book a transfer
Provide the recipient’s details and the amount you want to send.
3.
Make a local payment
Make a local bank transfer or use a debit card (for payments up to 1,000 GBP).
4.
TransferGO does the rest
Once TransferGO received your payment the money will arrive at the other end within hours.


How WorldRemit Transfers Work

1.
Create your account
Register for free at WorldRemit website or download WorldRemit app.
2.
Provide transfer details
Choose to send to one of 150 countries and add your transfer method.
3.
Choose how much you want to transfer
You will see WorldRemit fees and exchange rate upfront.
4.
Add the recipient's details
Or choose from a list of people you’ve sent to before.
5.
Pay for your transfer
You can pay for the transfer with a payment card (debit, credit and prepaid), bank transfer, Poli, Interac, iDEAL, Klarna, Apple Pay, Trustly.


See Also