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WorldFirst

Headquartered in the UK, WorldFirst also has offices in the Netherlands, Australia, Singapore, Hong Kong and Japan. This alternative to TransferGo serves individuals, businesses, and online sellers. The World Account for businesses and online sellers comes with free receiving accounts in multiple currencies. The company operates dedicated websites for different regions, access to which comes in various languages.

Pros

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UK-based, offices also in the Netherlands, Australia, Singapore, Hong Kong and Japan
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Sign up as an individual, a business or an online seller
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Low and transparent margins that apply on existing interbank/real exchange rates
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Operates dedicated websites for different countries
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Website access in different languages
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Scheduled transfers
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Provides spot transfers and forward contracts
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The World Account comes with receiving accounts in GBP, EUR, USD, CAD, AUD, NZD and JPY
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Use matching currency accounts to make and receive international payments cost effectively
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Integrating Xero with the World Account is simple
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Send money online or over the phone

Cons

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The country of your residence may affect transfer limits
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No outbound transfers from the United States
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No agent network for cash transfers

Global Reach Group Logo

Global Reach Group

Global Reach Group is a UK-based international money transfer company with offices also in the Netherlands, South Africa and Cyprus. It began trading in 2002. You may sign up with this TransferGo alternative as an individual or a business. The company does not operate a multilingual website.

Pros

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Serves individuals and businesses
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Offices in the UK, the Netherlands, South Africa and Cyprus
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Get access to a currency specialist after signing up
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Scheduled transfers
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Provides limit orders, stop loss orders and forward contracts

Cons

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Does not facilitate cash transfers
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No multilingual website

Currencies Direct Logo

Currencies Direct

UK-based, this alternative to TransferGo has international offices in the U.S., Spain, France, Portugal, South Africa and India. It began operations in 1996. You may sign up with Currencies Direct as an individual, a business, or an online seller. It operates region-specific multilingual websites. This Currencies Direct review provides more information.

Pros

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Register as an individual, a business or an online seller
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Offices in the UK, the U.S., Spain, France, Portugal, South Africa and India
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Get access to an account manager
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Website access in different languages
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Scheduling transfers is simple
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Choose from limit orders and forward contracts

Cons

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Does not provide services in all American states
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No cash transfers

OFX Logo

OFX

Previously known as OzForex, OFX is an Australia-based overseas money transfer company. This TransferGo alternative also has offices in the UK, New Zealand, the U.S., Canada and Singapore. You may sign up with this company as an individual, a business or an online seller. Its Global Currency Account caters to businesses and online sellers. Access to all its region-specific websites comes only in English.

Pros

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Headquarters in Australia, offices also in the UK, New Zealand, the U.S., Canada and Singapore
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Serves individuals, businesses and online sellers
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Personal transfers come with no fees
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Allows scheduling of transfers
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Provides forward contracts and market orders
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The Global Currency Account comes with receiving accounts in GBP, EUR, AUD, USD, CAD and HKD
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Transfer funds online or over the phone
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Provides local phone support in different countries

Cons

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Allows trading of some currencies only over the phone
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Does not facilitate cash transfers

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