TransferGo helps Lithuanians transition to Euro

Lithuania is joining the Eurozone on 1st January 2015 and TransferGo, the digital money transfer service, is offering new improved pricing for money transfers from the UK to Lithuania.

TransferGo are easing the transition to Euro for transfers between the UK and Lithuania by removing transaction fees from 15th December to 15th January. This means that Lithuanians in the UK sending their money home now get cheaper transfers than they had for GBP to LTL.

Foreign exchange markups will still apply and TransferGo say that their rates are competitive as they are updated every 60 seconds. As usual, the money sender will get guaranteed destination amounts and next business day delivery. There are no additional conditions or hidden fees.

TransferGo is a Lithuanian business success story as it's now one of Europe's financial technology industry leaders. The company is based in Vilnius and on the high growth floor of London's leading startup accelerator, Level 39. TransferGo has around 50,000 customers that transfer money across 27 countries in Europe. In contrast to banks, it's a fast, cheap and convenient way to send money abroad.

Daumantas Dvilinskas, CEO, said, "We know the transition from Litas to Euro will be confusing for many people, so we wanted to offer a great deal that helps our customers trust us and see that we want to make their financial lives easier."