Remitly vs TransferGo - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like Remitly and TransferGo have emerged as leading choices. Both Remitly and TransferGo online platforms offer efficient and cost-effective and secure international money transfers from Remitly and TransferGo.

We compare Remitly vs TransferGo into the unique features and benefits that distinguish Remitly vs TransferGo, empowering you to make an informed decision based on your specific transfer needs like Remitly vs TransferGo fees, currencies available, available payment methods on Remitly compared to TransferGo, support options offered by Remitly vs TransferGo, speed and more.

Remitly vs TransferGo: Quick Feature Comparison

  1. Visit Remitly alternative Remitly Visit Remitly

    Used By: 3000000
    Currencies Available: 63
    Transfer Fees: 0-3.99$
    Payment Methods: Bank transfer, credit/debit card
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$20,000.00
    Year Founded: 2011

  2. Visit Remitly alternative TransferGo Visit TransferGo

    Used By: 2,500,000
    Currencies Available: 39
    Transfer Fees: 0.5%-1.5%
    Payment Methods: Bank transfer, debit card, credit card
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: 1.5 GBP
    Max Transfer: 1000000 GBP
    Year Founded: 2012

Remitly vs TransferGo: Pros and Cons

Remitly vs TransferGo
Advantages

Remitly Advantages TransferGo Advantages
  • Remitly has been serving clients for over 13 years
  • Remitly is well rated among clients.
  • Remitly is available internationally.
  • Remitly has multiple currency options.
  • Remitly supports money transfer cash pickups.
  • Remitly is available to iOS Apple device users.
  • Remitly is available to Android mobile device users.
  • TransferGo has been in operation for over 12 years.
  • TransferGo boasts a high rating for sending money.
  • TransferGo operates in numerous international countries.
  • TransferGo offers an extensive range of currency options for money transfers.
  • TransferGo provides phone support.
  • TransferGo offers registered customers email support.
  • TransferGo has a Apple iOS app on Apple app store.
  • TransferGo offers a Android Google Play Store mobile app.

Remitly vs TransferGo
Disadvantages

Remitly Disadvantages TransferGo Disadvantages
  • Remitly has no PayPal support.
  • Remitly has no Neteller payments support.
  • Remitly has no Skrill payment support.
  • Remitly does have a mobile digital wallet like some others.
  • No home delivery with Remitly.
  • No money order support with Remitly.
  • No live chat support with Remitly.
  • Remitly has no telephone support.
  • Remitly email support is limited.
  • TransferGo has no PayPal option.
  • TransferGo has no Neteller option.
  • TransferGo has no Skrill option.
  • No digital wallets with TransferGo.
  • No TransferGo home delivery.
  • No TransferGo Cash pickups.
  • No TransferGo money order option.
  • No TransferGo Livechat.

Remitly vs TransferGo Fees and Other Costs

Fee type Remitly Fees TransferGo Fees
Transfer Fees 0-3.99$ 0.5%-1.5%
Min Transfer US$1.00 1.5 GBP
Max Transfer US$20,000.00 1000000 GBP
Payment Methods Bank transfer, credit/debit card Bank transfer, debit card, credit card
Currencies ALL, ARS, EUR, BSD, BDT, XOF, BOB, BRL, BGN, BIF, USD, XAF, CLP, CNY, COP, KMF, CRC, HRK, CZK, DOP, EGP, ETB, FJD, GMD, GHS, GTQ, GNF, GYD, HNL, HUF, INR, IDR, JMD, JPY, JOD, KES, MGA, MWK, MYR, MXN, MAD, NPR, NGN, PKR, PYG, PEN, PHP, PLN, RON, RUB, RWF, SLL, ZAR, KRW, LKR, TSZ, THB, TND, TRY, UGX, UYU, VND, ZMW AUD, EUR, BHD, USD, BDT, BGN, CAD, CZK, DKK, HKD, HUF, INR, IDR, ILS, JPY, KES, KWD, MXN, NPR, NZD, NGN, NOK, OMR, PKR, PHP, PLN, QAR, RON, RUB, SAR, SGD, ZAR, LKR, SEK, CHF, TBH, TRY, GBP, UAH

Remitly vs TransferGo Restricted Countries

Remitly Country Restrictions

North Korea

TransferGo Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Remitly vs TransferGo Transfer Speeds

Transfer Speed Remitly TransferGo
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

Remitly vs TransferGo Languages

Remitly Supported Languages

English, French, Spanish, Polish, Vietnamese, German, Romanian, Italian and Turkish.

TransferGo Supported Languages

English, Russian, Lithuanian, Polish, Romanian, Latvian, Ukrainian, German, Turkish

Remitly vs TransferGo Verdict - Which is better?

Which is best out of Remitly and TransferGo depends on your needs.

  • Remitly vs TransferGo Transfer Fees: Transferring money with Remitly costs 0-3.99$ while TransferGo charges 0.5%-1.5%.
  • Remitly vs TransferGo Supported Currencies: Remitly deals in over 1, where as TransferGo offers transactions in 1.
  • Remitly vs TransferGo Payment Methods: Remitly accepts Bank transfer, credit/debit card, while TransferGo allows transactions via Bank transfer, debit card, credit card.
  • Remitly vs TransferGo Transfer Limits: Remitly allows transfers between US$1.00 and US$20,000.00. TransferGo's range is 1.5 GBP to 1000000 GBP.
  • Remitly vs TransferGo Minimum Age for Account Creation: Remitly requires users to be at least 18 years old, where as TransferGo has a minimum age requirement of 18.
  • Contact Number: You can reach Remitly at and TransferGo at +49 30 2000 42053.
  • Remitly vs TransferGo Countries of Operation: Remitly operates in over 1 countries but has restrictions in over 1 countries. TransferGo serves 1 countries and restricts operations in 1 countries.
  • Remitly vs TransferGo Client Base: Remitly is used by 3,000,000, where as TransferGo serves 2.
  • Remitly vs TransferGo Year Founded: Remitly was established in 2011 and TransferGo began its operations in 2012.
  • Remitly vs TransferGo Customer Rating: Remitly holds a rating of 4, in contrast, TransferGo has a rating of 3.
  • Remitly vs TransferGo Headquarters: Remitly has its headquarters at Seattle (US), while TransferGo is based at London (GB).
  • Remitly vs TransferGo Employee Count: Remitly employs 1,000 individuals, where as TransferGo has a team of 192.
  • Remitly vs TransferGo Estimated Annual Turnover: Remitly turnover stands at 143100000, while TransferGo boasts a turnover of 44500000 USD.
  • Remitly vs TransferGo Founder: Remitly was founded by , holding the position of . On the other hand, TransferGo was the brainchild of Edvinas Sersniovas, currently holding the position of Co-Founder.
  • Remitly vs TransferGo Supported Languages: Remitly offers support in over 1 languages. TransferGo communicates in 1.

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Remitly vs TransferGo Alternatives Guides

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Screenshots

Remitly Screenshot

Remitly Screenshot

TransferGo Screenshot

Remitly Screenshot