Migrant Life

International Money Transfers: When is the Right Time?

Transferring money to another country can be a bit frustrating at times. Sending money overseas is becoming more and more commonplace as workers send money back home to family members and to pay bills, and expats make transfers to pay expenses or to make large purchases such as homes.  At one point being a “multinational”...

TransferGo Blog
Updates

TransferGo is in the Spotlight for May by Award Winning Swiss site TawiPay

TawiPay is a Swiss FinTech startup that is at the forefront of the remittance industry. Money transfers to other countries have long been the domain of large banks and the MoneyGram/Western Union duopoly.  Not only were the traditional channels inconvenient as a personal visit was required, but the fees were often unreasonable and as high as 29%.

(more…)

TransferGo Blog
Guides

What is the FX Rate

There is an economic theory that outlines the conditions for “perfect competition.”  The marketplace that comes closest to the ideal for perfect competition is the foreign exchange market; also known as FX or Forex. Since most of us do not hold economic degrees, we know little about perfect competition. Our understanding of FX is usually...

TransferGo Blog
Stories

TransferGo Customer Profile: Ramone Plaude

TransferGo offers an inexpensive, fast, secure method for individuals (and businesses) to transfer money to other countries.  Our customers come from all walks of life and have a variety of needs when it does to money transfers. We enjoy hearing from our customers and from time to time we let the readers of the TransferGo...

TransferGo Blog
Guides

TransferGo and the New Generation of MTOs

TransferGo is a money transfer company that offers inexpensive money transfers.  While TransferGo works with a significant number of business clients, the bulk of TransferGo’s clients are migrant workers and students studying in another country who are sending money back home.  Companies such as TransferGo are referred to as MTOs (Money Transfer Operators). TransferGo is...

TransferGo Blog
Business

TransferGo Webinar for SMEs

What are the risks associated with the cross-border funding of SMEs? What instruments and mechanisms can financial institutions use? What are some hedging strategies financial institutions and their SME clients can adopt to mitigate the impact of currency fluctuations? The Head of Business Development of TransferGo talked about the biggest opportunities for growing the cross border...

TransferGo Blog