TransferGo

TransferGo is a digital money transfer service that facilitates international payments for individuals and businesses. It offers multi-currency accounts, fast transfers, and transparent, low fees. The platform also provides business-specific features like batch payments and a dedicated business account.

TransferGo directly competes with Wise by offering international money transfers with transparent, low fees and a multi-currency account. The website explicitly mentions 'low fees' and 'best possible exchange rates' (though not explicitly 'mid-market exchange rate transfers', it implies competitive rates). It highlights 'multi-currency account' for holding, sending, and receiving various currencies, and 'fast transfer execution' with transfers arriving 'in minutes'. For businesses, it offers 'batch payments' and a 'business account' with features like managing multiple currency balances. The platform is accessible via a 'mobile app' and emphasizes 'regulatory compliance' (FCA regulated) and 'customer support' in multiple languages.