TransferGo Referral Code 2026: 2 Fee-Free Transfers

TransferGo is a Lithuanian fintech founded in 2012 in Vilnius, specialising in money transfers to Eastern European and Central Asian countries. Regulated by the FCA (UK) and the Bank of Lithuania, TransferGo is especially popular among Polish, Ukrainian, Romanian and Georgian communities living in Western Europe.

The platform covers transfers to more than 160 countries across Europe, Asia and beyond. Its "East-West corridor specialist" positioning lets it offer competitive exchange rates and fast delivery to destinations that are sometimes less well served by large generalist players like Wise.

With more than 9 million customers, TransferGo is one of the most active money-transfer fintechs in the European market.

TransferGo is especially optimised for the following corridors:

• Western Europe → Ukraine: very popular among the Ukrainian diaspora, fast transfers to the hryvnia (UAH)
• Western Europe/UK → Poland: zloty (PLN), near-instant delivery
• Western Europe → Romania: Romanian leu (RON), one of the best rates on the market
• Western Europe/UK → Georgia: Georgian lari (GEL)
• Western Europe → India, Bangladesh, Pakistan: for South Asian migrant workers

Specialising by corridor lets TransferGo negotiate better exchange rates on these currencies than generalists covering 150+ countries. This is its main differentiator versus Wise, which offers worldwide coverage but not always the best rate on every corridor.

TransferGo offers several speed options for each transfer, with variable fees:

Choosing the speed lets you optimise based on urgency. For a non-urgent monthly transfer (sending to family), economy is often the best value. For an emergency (paying rent, a medical bill), instant justifies the higher fees.

Exact fees depend on the corridor (source country → destination country), the amount, and the payment method (bank transfer, card). TransferGo always shows the amount the recipient receives before confirmation — you know exactly what your family gets.

Choose TransferGo for transfers to Ukraine, Poland, Romania and Eastern Europe. Choose Wise for transfers to English-speaking countries or developed Asia. Choose Taptap Send for sub-Saharan Africa with mobile money.

The benefits of the TransferGo referral code SABUZ:

• First 2 transfers with no service fee for the new customer: the service fee is waived on your first two foreign-currency sends (you pay only the exchange rate — already competitive)
• £20 (≈€22) for the referrer: paid for each friend who sends £100+ in another currency within 6 months — with no limit on the number of friends (sometimes boosted to £30 or £50)
• Key conditions: the transfer must be international (different currency and country); sends to/from prepaid-card providers (N26, Revolut...) do not qualify; the sender must differ from the beneficiary; once the reward lands in your account, you have 30 days to claim it

The TransferGo referral programme is two-way and is one of the platform's main acquisition channels within diaspora communities. For transfers to Africa with mobile money, see also Taptap Send. For transfers to Asia or English-speaking countries with the best exchange rate, Wise remains the reference. Code: `SABUZ`.

TransferGo is especially suited to money transfers to Ukraine from Western Europe and the UK. Since the Russian invasion in February 2022, the number of Ukrainians in Western Europe has risen considerably, creating strong demand for transfers to relatives still in Ukraine.

TransferGo offers several advantages on this corridor:

• Competitive EUR/UAH exchange rates
• Fast delivery (instant option available)
• Receipt via the main Ukrainian banks (Monobank, PrivatBank, Oschadbank…)
• Interface available in Ukrainian and Polish

The TransferGo app is available in several languages, which makes adoption easier for non-English-speaking users within the Ukrainian community.

TransferGo is regulated by two competent authorities:

• The FCA (Financial Conduct Authority) in the UK
• The Bank of Lithuania in the European Union

This dual regulation ensures a high level of regulatory compliance, particularly on anti-money-laundering (AML), data protection and client-fund protection.

Funds in transit at TransferGo are held in segregated accounts with partner banks, separate from TransferGo's own balance sheet. If TransferGo fails, your transfers in progress are protected by this segregation.

Identity verification (KYC) is mandatory for all users before the first transfer — a standard regulatory requirement for all payment-service providers.

TransferGo is a reference for money transfers to Eastern Europe, notably to Poland, Ukraine and Romania. Customer reviews highlight transfer speed, fee transparency and app ease of use.

Strengths: competitive exchange rates on East-West corridors, multiple speed options (economy to instant), an app available in Polish and Ukrainian, dual FCA + Bank of Lithuania regulation.

Limits: TransferGo is less suited to transfers to sub-Saharan Africa (no mobile money) or to countries with "exotic" currencies that are less covered. For those needs, Taptap Send or Wise are more relevant depending on the corridor.

TransferGo applies transfer caps that change with the level of identity verification completed:

• Basic verification (email + phone): initial caps
• Standard verification (ID document + selfie): higher caps
• Advanced verification (proof of address + additional information): maximum caps

These tiers are standard in the industry and meet anti-money-laundering regulatory requirements. For large transfers (> €5,000/transaction), advanced verification is generally required.

Caps may also vary by destination country and local regulation. To know the exact limits applicable to your situation, check directly in the TransferGo app.

TransferGo was founded in 2012 in Vilnius by Daumantas Dvilinskas, initially to serve the Lithuanian diaspora in the UK wishing to send money to family in Lithuania. The fintech quickly extended its coverage across all of Eastern and Central Europe.

The 2022 Ukrainian crisis strongly accelerated TransferGo's growth on the Europe → Ukraine corridor. The startup adapted its service to the specific needs of displaced Ukrainians, with suitable transfer limits and integrations with the main Ukrainian banks.

In 2026, TransferGo has established itself as one of the most active transfer fintechs in Europe, with more than 9 million customers across 160+ countries. The platform continues to extend its geographic coverage while deepening local partnerships on its flagship corridors. For worldwide coverage, compare Wise; for diaspora transfers to Africa, Remitly and WorldRemit.