How TransferGo Business Works
At TransferGo, we understand the unique challenges UK companies face when making international business payments. Our platform is designed specifically for small to medium businesses with big ambitions, providing secure, efficient and cost-effective payment solutions.
Why choose TransferGo for international business payments?
Whether you’re a small business or an ambitious scale-up, we tailor our service to suit our UK customers, allowing you to choose the best options for your business needs.
Simple and affordable
We charge zero fees on major transfer routes, with exchange-rate markups as low as 0.35%. This way, you can hold on to more of your profits. Our pricing is completely transparent and we don’t charge registration fees. (We don’t believe in those).
Super-fast and super-safe
With 97%+ of deliveries consistently paid on time and often ahead of schedule so that you can pay suppliers on time and keep your cash flow going. Payments are FCA regulated with safeguarding in place. In the rare case your transfer doesn’t go through, you’ll get your money straight back.
Multi-currency and global reach
Whether you need to send money to Europe, Asia or beyond, TransferGo supports over 35 currencies, allowing you to reach your global partners easily. And we continue to grow, regularly enabling new payouts to niche markets and particular regions.
How to make business payments with TransferGo
Sending money with TransferGo from the UK is easy peasy. It’s fast, reliable and secure, and your money arrives in minutes!
01 Create a business account
Create a
business account
Signing up is simple. We make the process much easier than your average commercial bank does (plus, there’s no queuing or lengthy paperwork). Once you’ve verified your identity, you’re ready to start transferring.
02 Add the payment details
Add the payment details
Enter the recipient’s details, currency and amount you want to transfer. You can transfer to over 60 countries and in multiple currencies, making it easy to send payments globally.
03 Choose your payment method
Choose your payment method
You can send to different recipients in various ways—you decide which option and speed works best for your transfer needs. No matter what payment and payout method you choose, rest assured that you’ll always get the best value.
04 Complete your payment
Complete your payment
Review the transaction details (including the fee and real-time exchange rate) before hitting send. We believe in complete transparency—what you see is what you pay. Once you’ve funded your transfer, your money will be on its way.
05 Track your transfer
Track your transfer
Did you know you can track your transfers for added peace of mind? We also provide a detailed history of all your past transactions to keep you feeling empowered.
Key TransferGo
Business features
Batch payments
Save time by processing multiple payments in one go. For UK businesses handling many payments at once, our batch payments feature allows you to send money to several recipients in just a few clicks, saving you both valuable time and effort.
Dedicated customer
support
No matter how big or small your business is, our dedicated team of agents will take care of you. Our multi-lingual support team is available to keep your experiences smooth from start to finish, and to help you with any questions or concerns along the way.
Rated — Excellent
From reviews on Trustpilot
Business guidance
We’re here to support businesses of all sizes, helping you expand and thrive. Whether you’re just starting out or looking to scale, we provide all the essential information and business tips you need. Visit our Business Blog for expert advice and insights on making the most out of your business.
Frequently asked questions
What is TransferGo Business?
TransferGo Business is our online platform dedicated to companies like yours. We provide UK and international business users with a fast and easy way to pay international suppliers and send money abroad. Business international payments from the UK with TransferGo are quick, secure and trustworthy, and we keep the fees low.
How does TransferGo work for businesses?
Just like personal money transfers, TransferGo makes sending money to a business account simple and straightforward. All you need to do is sign up (it’s free), verify your identity and account details and follow the prompts to pay with your chosen payment method.
You can register and make SME payments with TransferGo using your computer. Business payments aren’t available on our app just yet—but watch this space.
How much does it cost to make international payments for businesses?
When you sign up to send secure business payments with TransferGo, your first two transfers to all destinations from the UK are free! After that, business transfer fees with TransferGo stay low. The amount you pay depends on your payment country and transfer method but we’ll always be honest and upfront about our fees to minimise your costs, maximise your profits and keep you in control.
Bank transfers are the cheapest way to send international business payments for SMEs from the UK. They come with zero transfer fees and arrive the next day. We charge a low, flat fee for card transfers but they’re instant, arriving within 2-3 minutes.
How long does it take for business payments to go through?
We care about your business and reputation. That’s why we do everything possible to make sure your TransferGo SME international payments from the UK arrive on time.
Card transfers are the fastest way to send money, reaching their destination in just 2-3 minutes. Meanwhile, bank transfers usually arrive the next day but they’re insanely cheap.
Is TransferGo secure for business payments?
Business payment solutions with TransferGo are secure and efficient, and our reach is global. We’re one of the leading money transfer providers with over 8 million customers worldwide, using safeguarding measures with trusted financial institutions and protecting your money and data with end-to-end encryption. In the rare case that your transfer fails with TransferGo for businesses, you’ll get your money back straight away.
We’re also regulated by UK and EU law and approved by the FCA. And our Customer Support team is on hand to help—our team speaks 9 languages and is available to answer your calls and emails whenever you need assistance with your transfers.
Can I make batch payments with TransferGo Business?
Yes! Our batch payments feature allows you to pay money to up to 50 suppliers, team members and contractors in one go. In just one single local payment, you can reach multiple countries at once.
How can I track my TransferGo business payment?
Our business accounts feature allows you to track and keep track of any transfer you’ve made. We’ll show you every step of the international business payments process, from the money reaching our account to the money reaching theirs. You can also share a link with your receiver to let them know when their TransferGo SME payments are on their way from the UK.