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

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

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

Wise vs TransferGo: Quick Feature Comparison

  1. Visit Wise alternative Wise Visit Wise

    Used By: 11000000
    Currencies Available: 54
    Transfer Fees: 0.5%-1%
    Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$1,000,000 (varies based on currency)
    Year Founded: 2011

  2. Visit Wise 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

Wise vs TransferGo: Pros and Cons

Wise vs TransferGo
Advantages

Wise Advantages TransferGo Advantages
  • Wise has been serving clients for over 13 years
  • Wise is well rated among clients.
  • Wise is available internationally.
  • Wise has multiple currency options.
  • Wise provides phone customer support.
  • Wise provides email customer support.
  • Wise is available to iOS Apple device users.
  • Wise 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.

Wise vs TransferGo
Disadvantages

Wise Disadvantages TransferGo Disadvantages
  • Wise has no PayPal support.
  • Wise has no Neteller payments support.
  • Wise has no Skrill payment support.
  • Wise does have a mobile digital wallet like some others.
  • No home delivery with Wise.
  • No cash pickups with Wise.
  • No money order support with Wise.
  • No live chat support with Wise.
  • 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.

Wise vs TransferGo Fees and Other Costs

Fee type Wise Fees TransferGo Fees
Transfer Fees 0.5%-1% 0.5%-1.5%
Min Transfer US$1.00 1.5 GBP
Max Transfer US$1,000,000 (varies based on currency) 1000000 GBP
Payment Methods Bank transfer, debit card, credit card, SOFORT transfer Bank transfer, debit card, credit card
Currencies AED, AUD, BGN, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, INR, JPY, MYR, NOK, NZD, PLN, RON, TRY, SEK, SGD, USD, ARS, BDT, BWP, CLP, CNY, COP, CRC, EGP, GEL, GHS, ILS, KES, KRW, LKR, MAD, MXN, NGN, NPR, PHP, PKR, RUB, THB, UAH, UGX, UYU, VND, XOF, ZAR, 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

Wise vs TransferGo Restricted Countries

Wise 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

Wise vs TransferGo Transfer Speeds

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

Wise vs TransferGo Languages

Wise Supported Languages

English, French, German, Hungarian, Japanese, Polish, Portugese, Romanian, Russian, Spanish, Turkish

TransferGo Supported Languages

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

Wise vs TransferGo Verdict - Which is better?

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

  • Wise vs TransferGo Transfer Fees: Transferring money with Wise costs 0.5%-1% while TransferGo charges 0.5%-1.5%.
  • Wise vs TransferGo Supported Currencies: Wise deals in over 1, where as TransferGo offers transactions in 1.
  • Wise vs TransferGo Payment Methods: Wise accepts Bank transfer, debit card, credit card, SOFORT transfer, while TransferGo allows transactions via Bank transfer, debit card, credit card.
  • Wise vs TransferGo Transfer Limits: Wise allows transfers between US$1.00 and US$1,000,000 (varies based on currency). TransferGo's range is 1.5 GBP to 1000000 GBP.
  • Wise vs TransferGo Minimum Age for Account Creation: Wise requires users to be at least 18 years old, where as TransferGo has a minimum age requirement of 18.
  • Contact Number: You can reach Wise at 44 20 7033 0296 and TransferGo at +49 30 2000 42053.
  • Wise vs TransferGo Countries of Operation: Wise operates in over 1 countries but has restrictions in over 1 countries. TransferGo serves 1 countries and restricts operations in 1 countries.
  • Wise vs TransferGo Client Base: Wise is used by 11,000,000, where as TransferGo serves 2.
  • Wise vs TransferGo Year Founded: Wise was established in 2011 and TransferGo began its operations in 2012.
  • Wise vs TransferGo Customer Rating: Wise holds a rating of 4, in contrast, TransferGo has a rating of 3.
  • Wise vs TransferGo Headquarters: Wise has its headquarters at London, UK, while TransferGo is based at London (GB).
  • Wise vs TransferGo Employee Count: Wise employs 2,243 individuals, where as TransferGo has a team of 192.
  • Wise vs TransferGo Estimated Annual Turnover: Wise turnover stands at 27000000, while TransferGo boasts a turnover of 44500000 USD.
  • Wise vs TransferGo Founder: Wise was founded by Venkatesh Saha, holding the position of CEO. On the other hand, TransferGo was the brainchild of Edvinas Sersniovas, currently holding the position of Co-Founder.
  • Wise vs TransferGo Supported Languages: Wise offers support in over 1 languages. TransferGo communicates in 1.

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Wise vs TransferGo Alternatives Guides

If you would like to see some of the best Wise vs TransferGo related services compared against their best Wise vs TransferGo alternatives available right now. Learn more about Wise vs TransferGo alternatives by clicking on the links below.



Screenshots

Wise Screenshot

Wise Screenshot

TransferGo Screenshot

Wise Screenshot