A Review of TransferGo

December 22, 2018 Save On Transfers 0 Comments

A Review of TransferGo

Trying to send money overseas? Exchanging currency and getting it across oceans used to be extremely time consuming and expensive, but recent technology has changed that completely. What used to be laborious is now simple and can be done with a few clicks of your mouse. Transfers that used to take days or weeks now only take hours! With all of the amazing tech that’s out there making our money transfers so much easier, hundreds of companies have popped up all over the place, all claiming to be the best. In this article, I want to take a closer look at one of the newer contenders for the money transfer throne, TransferGo. Let’s dive in and find out everything there is to know about this international transfer company and if they are worth your time.

Who is TransferGo?

Launched in 2012, TransferGo was designed for migrant workers that wished to send small amounts back to their families. In an effort to make things cheaper, easier, and faster, TransferGo focuses on sending money online with lower fees than conventional banks and other transfer companies. This allows everyone to easily send money back to Mom and Dad without exorbitant fees, complicated forms, or long wait times. So how does it work?
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TransferWise vs. PayPal

November 27, 2018 Save On Transfers 0 Comments

TransferWise vs. PayPal

Sending money used to be quite the hassle. Prior to the emergence of online money transfer services, these types of transactions had to go through banks. Transfers used to take over twenty-four hours to complete. Banks could also charge you whatever fees they wished since there wasn’t much competition. They would charge a flat wire transfer fee that could reach up to $20 per transaction. If your transfer involved foreign exchanges, you’d lose buckets of money with the bank’s less than stellar exchange rates. Also, the recipient was usually charged a fee by their baking institution for receipt of the funds. All told, you would spend a good deal of money just to send money. Good thing that this is no longer the case!
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