Lithuanian-based money transfer services provider TransferGo has expanded its service offering to another five countries in Europe.
The five new countries to which the service is being offered are Slovenia, Slovakia, Cyprus, Finland and Malta.
Go deeper with GlobalData
The TransferGo’s service will offer its users with increased reverse transfer functions and flexible cash flow capabilities between EEA countries and the UK.
According to TransferGo, the lower cost transfer service will offer more options for users to transfer money to and from the UK.
TransferGo CEO, Daumantas Dvilinskas, said: "We know that offering guaranteed next-day transfers have really shaken up the UK market. Without the constraints of excessive bank charges, we are helping to facilitate a changing trend where people have more control over how they manage their money between countries."
Dvilinskas added that with the expansion of service into another five countries will enable more people throughout Europe to make greater savings on transferring money.
