TransferGo fees, rates and how it works (2026)
TransferGo is an EU/UK-origin digital app with 8M+ customers whose African payouts run on NALA's Rafiki infrastructure — a buy-the-rails story rather than its own African network. It suits senders in the UK and EU who want an app-first flow to banks and wallets like M-Pesa, with the rate shown upfront and some corridors promoted as 'free.' It doesn't originate from the US, and the 'free' label means the cost sits in the rate — so benchmark it before you send.
Where TransferGo sends: the routes we cover
Coverage is checked route by route from each provider's own site — see the "will TransferGo work for your route?" check below.
How much does TransferGo cost? The fee anatomy
TransferGo shows the rate upfront and adds a small method fee that varies by route and how you pay; some corridors run promotional "free" pricing, so the fee is not fixed — benchmark the rate rather than trusting a "free" label. Margins move daily; compare the app's quote to the live mid-market rate above before sending — the gap is the real cost.
See what the recipient gets (🇬🇧 United Kingdom → 🇳🇬 Nigeria):
TransferGo delivery & speed
TransferGo delivers to bank accounts, mobile wallets (M-Pesa and more) and cards, with the rate shown upfront. Its African payouts run on NALA's "Rafiki" B2B infrastructure — a rails partnership reported by TechCrunch (9 July 2024) and TechCabal (4 December 2025); Rafiki launched in March 2024. There is no TransferGo-authored release, so this is attributed to NALA and press. Speed is often minutes to hours on wallet routes.
TransferGo limits & KYC
Limits depend on your origin country, verification tier and destination, and larger sends may need extra checks. Check the cap for your exact route in the app.
Is TransferGo safe? Regulation & trust
Is TransferGo safe? TransferGo Ltd is a UK FCA Authorised Electronic Money Institution (FRN 991295, authorised 2024), serving 8M+ customers. It is an Electronic Money Institution (EMI), not a bank: there is no deposit insurance (no FSCS), but customer funds are safeguarded in segregated accounts, held separately from the company's own money — the regulatory alternative to deposit protection.
Will TransferGo work for your route?
Works if : you're sending FROM the UK or the EU/EEA (plus Turkey) TO Nigeria, Ghana, Kenya, Tanzania, Uganda, Rwanda, Zambia and 160+ more — via bank deposit, mobile wallet or card. see the routes above →
- Sending from the US? TransferGo is Europe-origin only — it originates from the UK and EU/EEA (plus Turkey), not the US (2026). For a US-origin send, try Wise →
- Want a guaranteed fixed fee? Some TransferGo routes are promotional "free" and pricing varies — the cost sits in the rate (2026). Wise shows a visible fee to benchmark against →
- Recipient in a market off TransferGo's list? Its coverage is wide but not everywhere-to-everywhere (2026). For wider coverage, try WorldRemit →
Frequently asked questions
Does TransferGo work from the US?
No — TransferGo originates only from the UK and the EU/EEA (plus Turkey) as of 2026. For US-origin sends, use a US-licensed provider.
Is TransferGo really free?
Some corridors run promotional "free" pricing, but the rate carries the cost and fees vary by route — always compare the received amount against the mid-market rate.
How does TransferGo deliver to Africa?
Its African payouts run on NALA's Rafiki infrastructure (reported by TechCrunch, July 2024, and TechCabal, December 2025) — a behind-the-scenes rails partnership, delivering to banks and wallets like M-Pesa.