TransferGo handled transactions worth over EUR 22 mln for Romanian immigrants in 2016

Ovidiu Posirca 26/04/2017 | 14:55

TransferGo, the low-cost money transfer services provider, said that Romanian immigrants wired over EUR 22 million through its platform in 2016.

The company said that Romanians working abroad make each month over 8,000 transfers through TransferGo towards relatives that are living in Romania.

The service has been present in Romania since 2015. At international level, the TransferGo is used by over 200,000 immigrants that made 1 million transfers in 44 countries.

Marius Nedelcu, country manager TransferGo Romania, explained that the amounts submitted by immigrants account for an additional wage for their families in Romania.

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