TransferGo
7.8#10 in money transfer appsFree planFree planAndroidiOS
VisitTransferGo vs Wise
What both publish
| Fact | TransferGo | Wise |
|---|---|---|
| Exchange-rate model | markup | mid_market |
| Founded | 2012 | 2011 |
| Free plan | Yes | Yes |
| Headquarters | London, United Kingdom; Vilnius, Lithuania | London, United Kingdom |
| Mobile platforms | The app is available for iOS, Android and Huawei. | The Wise app is available for iOS through the Apple App Store and for Android through Google Play. |
| Recipient methods | Transfer options include card-to-card payments, e-wallets and cash transfers. | bank |
| Regulatory status | TransferGo is regulated under EU and UK law and authorised by the FCA as an EMI. | Wise says it is licensed in most states and regulated by authorities worldwide. |
| Transfer speed | Transfers can be delivered in minutes, instantly, within an hour or next business day depending on method. | On many popular routes, transfers can arrive within one day, the same day, or instantly. |
| Transfer tracking | Yes | The app shows the list and current status of transfers users have set up. |
| Upfront fee display | Yes | Yes |
TransferGo plans
- Free multicurrency account—
- International bank-account transfer—
- International card transfer—
- Transfers to cardsPriced on request
- Currency exchangePriced on request
- Virtual GoCardFree
Wise plans
- Wise personal account and transfersFree
Pick TransferGo if…
TransferGo suits people who need to send money internationally or hold GBP, EUR, PLN and RON balances. It may also suit users who want transfer tracking and online registration without relying only on a phone app.
Pick Wise if…
Wise suits people sending money to overseas bank accounts or receiving payments from abroad. It may also suit users who want to track or schedule transfers and receive exchange-rate alerts.