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RemitMoney (Axis Bank Limited) vs TransferGo Comparison At a Glance

We've divided the key information you need to know when comparing TransferGo vs RemitMoney (Axis Bank Limited) into several aspects: pros & cons, coverage, pricing, limits, supported asset management, accounts and their onboarding, security, user experience and the company's info. However, if you want a quick side-by-side TransferGo vs RemitMoney (Axis Bank Limited) comparison to see which one is rated better, check out the table below.

With an overall score of 8.7, TransferGo clearly comes out on top. RemitMoney (Axis Bank Limited), by comparison, holds a rating of 8.7. As for the service quality and advantages you get considering the platform’s costs, TransferGo outperforms RemitMoney (Axis Bank Limited) as well, offering better value for money.

To give you a broader view of the money transfer service market, we've also put RemitMoney (Axis Bank Limited) and TransferGo next to Ogvio, which has the highest overall score. You'll see how all three compare throughout this page.

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Ogvio logo
TransferGo logo
RemitMoney (Axis Bank Limited) logo

Overall Score

9.8
8.7
8.7

Transaction Fees

  • Free
  • Up to 0.2%
  • Free

Pricing Model

Per-transaction Per-transaction Per-transaction

Value For Money

Verdict

A global money transfer service with an additional volatile currency rate pegging to USD and EUR feature. A low-cost transfer app for European senders reaching 160+ countries. Axis Bank’s international remittance service for easy global-to-India money transfers.
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A Detailed Comparison of TransferGo vs RemitMoney (Axis Bank Limited)

Find out which provider offers the fastest, cheapest, and simplest ways to send money with this elaborate RemitMoney (Axis Bank Limited) vs TransferGo international transfer comparison table. From supported delivery methods and fees to any extra features, you'll see it all in one place.

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Ogvio logo
TransferGo logo
RemitMoney (Axis Bank Limited) logo

Pros

  • Remittance-oriented
  • Instant transfers
  • Incremental-to-no fees
  • Crypto support
  • @Tag functionality
  • Free transfers between users
  • First two transfers are free
  • Low exchange rates and markup
  • Hugely accessible for people speaking European languages
  • Helpful customer service
  • Work with major Indian banks
  • Responsive 24/7 customer support
  • Fast transfer speed
  • Smooth overall transfer experience

Cons

  • No card (coming soon)
  • No 24/7 customer support
  • Only support transfers from Europe
  • Occasional transfer delays
  • Low exchange rates compared to some other services
  • Limited transparency on transfer status after sending money

Ease of Use

Coverage

Supported Countries

United States US
Germany Germany
France France
+160 more
UK
Germany Germany
Italy Italy
+30 more
United States US
Germany Germany
Singapore Singapore
+22

Supported Languages

EN
ID
CN
+6 more
EN
DE
FR
+9 more
EN

Supported Fiat Currencies

US Dollar USD
Euro EUR
Canadian Dollar CAD
+40 more
Euro EUR
Pound Sterling GBP
Danish Krone DKK
+7 more
US Dollar USD
Euro EUR
Swiss Franc CHF
Singapore Dollar SGD
South African Rand ZAR

Supported Cryptocurrencies

USD Coin USDC
EURC
Bonk BONK
+ 300 more
Fiat-only
Fiat-only

Pricing

Deposit Fees

Free Bank - free
Card - varies
N/A

Withdrawal Fees

Free ATM - 1%
Bank - varies
N/A

Other Fees

  • Conversion fee (varies)
  • Conversion fee - from 0.5%
  • Conversion fee - varies

Card Maintenance Fees

  • Card coming soon
  • Free
  • No card

Fee Transparency

Markup

Limits

Minimum Deposit

No minimum Not specified N/A

Minimum Withdrawal

No minimum ATM - set by ATM operator N/A

Minimum Transfer

No minimum Not specified EU - €250
US - $20

Transfer Limits

No limits Card - £10,000/transaction
Bank - no limit
EU - €20,000
US - $30,000

Withdrawal limits

No limits ATM - €1,000/day N/A

Asset Movement

Funding Methods

  • Card
  • Apple Pay
  • Google Pay
  • Bank transfer
  • Bank transfer
  • Card
  • Bank
  • Sofort

Delivery Methods

  • Bank deposit
  • Card
  • Google Pay
  • Apple Pay
  • Bank deposit
  • ATM
  • Cash pickup
  • Bank deposit

Supported Networks

  • Base
  • Fiat-only
  • Fiat-only

Transaction Speed

|
|
|
|
|
Slow
Average
Instant
|
|
|
|
|
Slow
Average
Instant
|
|
|
|
|
Slow
Average
Instant

Bulk Payments

Scheduled Payments

Accounts

Business Account

Virtual IBANs

Physical / Virtual Card

Coming soon Physical/Virtual None

Onboarding Time

|
|
|
|
|
Long
Average
Very Quick
|
|
|
|
|
Long
Average
Very Quick
|
|
|
|
|
Long
Average
Very Quick

Security

KYC

Name, surname, possibly ID, and selfie Name, surname, ID, proof of address Name, surname, ID, and proof of address

Fraud/AML Prevention

  • KYC
  • Non-custodial
  • KYC
  • Source-of-funds checks
  • Monitoring & screening
  • Sanctions screening
  • KYC
  • Compliance review
  • Sanctions screening

Account Protection

  • 256-bit AES encryption
  • Biometrics
  • Storage vault
  • 2FA
  • Safeguarding of funds
  • Transfer screening
  • Anti-fraud team
  • KYC
  • Account verification
  • Compliance checks

User Experience

Mobile App

Coming soon Android/iOS Android/iOS

App UX

Customer Support

Email
  • Chat
  • Phone
  • Email
  • Chat - 24/7
  • Email

Analytics & Reporting

  • Spend analytics
  • Export CSV
  • Earnings analytics
  • Transfer tracking
  • Batch payment review
Transfer status page

Interest / Investment / Savings Options

1

Crypto trading

2

Staking

1

Business savings (UK-only)

1

Not offered

Extra Features

1

Username functionality

2

No freezes

3

Referral program

1

Business batch payment

2

Multi-currency account

1

Rate alerts

2

Rewards (cash-points)

3

Refer & Earn

Company's info

Founded In

2025 2012 1994

Founders

Vytautas Zabulis Daumantas Dvilinskas, Justinas Lasevičius, Arnas Lukošius, Edvinas Seršniovas Specified Undertaking of Unit Trust of India

Headquarters

United States
United States
United Kingdom
United Kingdom
India
India

Licensing

MSB FCA LB RBI

Check Official Website

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TransferGo vs RemitMoney (Axis Bank Limited) Comparison Result Analysis

It's clear there are both TransferGo vs RemitMoney (Axis Bank Limited) differences and similarities. Let's go over some of the key aspects and see which is more suited for your remittance needs.

Supported Countries & Currencies

Speaking of worldwide reach, TransferGo is supported in UK, Germany, Italy and +30 more countries, while RemitMoney (Axis Bank Limited) is supported in US, Germany, Singapore and +22 countries.

As for fiat currency support, TransferGo can be used to transfer EUR, GBP, DKK and +7 more currencies. In the meantime, RemitMoney (Axis Bank Limited) supports USD, EUR, CHF, SGD and ZAR. Keep in mind that some money transfer services also support crypto – check out the table above to see which ones are available on TransferGo and RemitMoney (Axis Bank Limited) (if any).

Verdict at a Glance:

Considering the overall reach, TransferGo offers broader country support than RemitMoney (Axis Bank Limited). When it comes to fiat you can transfer, TransferGo is a clear winner with EUR, GBP, DKK and +7 more currencies.

Fees

When it comes to the pricing structure, TransferGo uses the per-transaction pricing model with up to 0.2% transaction fees. RemitMoney (Axis Bank Limited) also uses the same model and has no transaction fees.

Check TransferGo vs RemitMoney (Axis Bank Limited) fees comparison of deposits, withdrawals and any other priced actions in the table above. You can also see if these platforms apply an exchange rate markup.

Verdict at a Glance:

Both TransferGo and RemitMoney (Axis Bank Limited) use the per-transaction pricing model. TransferGo has up to 0.2% transaction fees & RemitMoney (Axis Bank Limited) has no transaction fees.

Transfer Speeds

TransferGo is known to offer average transaction speed. It may sometimes vary depending on the delivery method, though – TransferGo supports Bank deposit, ATM and Cash pickup.

RemitMoney (Axis Bank Limited) supports Bank deposit as delivery methods and offers average transaction speed.

Verdict at a Glance:

TransferGo and RemitMoney (Axis Bank Limited) generally offer the same transfer speed, though it can sometimes depend on your chosen transfer method and the countries you send from/to.

Limits & Funding Methods

TransferGo can be funded via Bank transfer and Card, and it limits its transfers in the following way - Card - £10,000/transaction; Bank - no limit.

RemitMoney (Axis Bank Limited) puts limits on transactions as follows – EU - €20,000; US - $30,000. Considering available funding methods, you can deposit money to RemitMoney (Axis Bank Limited) via Bank and Sofort.

By the way, many (but not all) providers set minimum deposit, withdrawal, and transfer amounts, which you can check in the TransferGo vs RemitMoney (Axis Bank Limited) comparison table above.

Verdict at a Glance:

Regardless of how similar or different TransferGo and RemitMoney (Axis Bank Limited) seem, always check your account for actual limits because some platforms tie them to your verification level and country.

Summary

This thorough TransferGo vs RemitMoney (Axis Bank Limited) comparison puts TransferGo ahead based on several factors. However, if we compare either with Ogvio, it outperforms both, having an overall score of 9.8. It provides the highest value for money considering its low-to-no costs, ease of use, worldwide support, and transaction speed. That's why it ranks as the top money transfer service provider.


How Is This TransferGo vs RemitMoney (Axis Bank Limited) Comparison Created?

We Collect TransferGo vs RemitMoney (Axis Bank Limited)

1. We Collect

All information in this TransferGo vs RemitMoney (Axis Bank Limited) comparison comes from official provider pages, their fee schedules, verified payout samples, and personal testing. We check each country/currency coverage, fees, funding & payout methods, limits, and much more. You can be sure that all the collected information is accurate and up to date.

We Examine TransferGo vs RemitMoney (Axis Bank Limited)

2. We Examine

Our experts double- and triple-check every data entry in the provider pages and trusted sources. We convert different fee formats into one standard layout, bring all info to the same baseline, and ensure you get all the essential details. The result is clean, comparable information you see in our Money Transfer Services Comparison Tool.

We Rate TransferGo vs RemitMoney (Axis Bank Limited)

3. We Rate

We rate each provider to make choosing between RemitMoney (Axis Bank Limited) vs TransferGo for travel or remittances simple. Our score blends fees, markup presence, transfer speed, coverage, limits, security, and other factors. Each provider gets a clear score and a short verdict so you can quickly see which is cheapest, fastest, or best for specific use cases.

You Choose TransferGo vs RemitMoney (Axis Bank Limited)

4. You Choose

Then, it's your call. After we compile the data and rate each provider, you can go over the quick and detailed TransferGo vs RemitMoney (Axis Bank Limited) comparison tables to place each provider's fees, coverage, delivery methods or any other aspects that matter to you side-by-side. This way, you can pick the best money transfer service for your needs.

FAQ

Is TransferGo better than RemitMoney (Axis Bank Limited)?

For some users, TransferGo might be better, while others might prefer RemitMoney (Axis Bank Limited). It generally depends on your needs. When comparing TransferGo vs RemitMoney (Axis Bank Limited) for international payments or other use cases, always start with coverage and asset support, then make sure to check total costs and available delivery options. If neither option is suitable for you, consider exploring alternative money transfer services.

What is the best international money transfer service?

"The best" is a subjective term. Users seeking cash pickup or home delivery options will opt for more traditional money transfer services. Others, who seek speed, convenience and low costs, might choose neobank-like services. Speaking of which, one of the best new generation money transfer providers to watch is Ogvio. It’s all about low-to-zero fees, worldwide reach, and instant money transfers. On top of that, with EUR- or USD-denominated accounts, it helps protect funds from local inflation or currency depreciation.

Can I use more than one money transfer app?

Yes, using multiple money transfer apps sometimes might even be a better idea than sticking to one. For example, one provider might offer the lowest costs and fastest speeds, which would be highly beneficial for everyday transfers, while another can provide you with home delivery or cash pickup when you need it. You can surely find the most suitable providers for you using our Money Transfer Service Comparison Tool.

How do TransferGo vs RemitMoney (Axis Bank Limited) compare in terms of country and currency support?

TransferGo is supported in UK, Germany, Italy and +30 more countries and can be used to transfer EUR, GBP, DKK and +7 more currencies. RemitMoney (Axis Bank Limited), on the other hand, is supported in US, Germany, Singapore and +22 countries and allows USD, EUR, CHF, SGD and ZAR transfers. Some providers might be better than others in specific countries or regions (e.g., the Philippines, India, Mexico, etc.).

Which is cheaper for international transfers, RemitMoney (Axis Bank Limited) or TransferGo?

Both TransferGo and RemitMoney (Axis Bank Limited) use the per-transaction pricing model. To see which is the cheaper option, check TransferGo vs RemitMoney (Axis Bank Limited) fees comparison above in the "Pricing" field. There, you'll find transaction, deposit, withdrawal, and any other costs, including whether or not they add an exchange rate markup. If neither is cheap enough, check out other money transfer providers.

How to compare platforms with this Money Transfer Service Comparison Tool?

It's very easy to use, just pick two services you want to compare in the drop-down menu and click "Compare Now". Once you do that, you'll get an instant money transfer service comparison. As you scroll through it, you'll find all the key info, including the platform's reach, speed, supported methods, limits, extra features, and the best money transfer fee comparison for 2025 and beyond.

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