Send money to Mongolia faster, and for less.
Download our app to send money to Mongolia in minutes.
Send from
Exchange Rate
– – –
GBP 1 = NGN 2030.28232
Transfer Fee
Free – – – 0.99 0.99 USD
Receiver gets
Delivered in minutes
Rated — Excellent
From reviews on Trustpilot
Multi-currency account.
More than just money transfers
Our multi-currency account has landed—a free-to-use platform from which you can send, receive, hold and exchange a range of currencies. With exclusive in-app FX rates and instant, zero-fee transfers between accounts, it’s set to make your money go even further.
Here’s how much it costs to make a money transfer to Mongolia
Your first 2 transfers to Mongolia are free. After that, we keep the fees low. The receiver gets the exact amount that our app tells you. No hidden transfer fees, no nasty surprises.
Download TransferGo app:
Scan to download the TransferGo app
How will my money transfer arrive in Mongolia?
Bank card
We transfer money directly to your receiver’s bank card so there are no high international fees.
It’s as easy as 1, 2, 3
1
Choose how much you want to send, and when
Send money to MNT in Mongolia
2
Add the recipient’s details
All you need is your receiver’s full name and their card details
3
Choose your payment method—and make the transfer!
Pay with your card, and your transfer is on its way!
Rest assured
Here’s why you can trust us with sending your money to Mongolia
Our end-to-end encryption protects your money and your data. Should a transfer ever fail, your money gets returned straight back to you.
Regulation is our friend: it keeps our 8 million existing and new customers and their money safe. FCA approved and regulated by EU and UK law, we work closely with international law enforcement to spot and prevent money laundering.
And if you ever do need help, we’re not some faceless app—our English-speaking Customer Support team answers calls and emails quickly and helpfully.
Don’t take our word for it…
Really good service
TransferGo contacted me directly when there was a problem, and they solved it really quickly. The international transfer was made in just a couple of hours.
This company is lovely
The rates are competitive and the service is fast. No charges; most transfers are free! I recommend this platform to all Nigerians.
Very good service!
I sent money to my other bank account and received it in seconds. I’ve recommended it to all my friends. Good job!
Cheaper real-time transfers to Mongolia
Pay family, friends and bills back home—whichever way you suits you best.
How to get started…
What information do I need to make money transfers to Mongolia?
ID verification
The first time you send money to Mongolia, you need to prove you’re a resident in the country you’re sending from.
Receiver’s details
Make sure you’re ready with your receiver’s full name and card details.
Your card details
You need your own card details ready for your first transfer.
How long will my international money transfer to Mongolia take?
Our fastest delivery times option is instant, which usually arrives in 2-3 minutes. You can also make a transfer the next day, but your first 2 instant money transfers to Mongolia are free right now—so why wait?
Make fast, easy money transfers—download the TransferGo app!
Scan to download the TransferGo app
Best ways to send money to Mongolia
Bank transfer
Bank transfers are a popular option for funding your international money transfer. They take a little longer than debit or credit card transfers but they’re insanely cheap.
Debit card
Paying with a debit card makes your money transfer super-fast. However, compared to a bank transfer, it can be more expensive as they’re charged at higher (but still low) fees.
Credit card
You can also pay for your international money transfers with a credit card. TransferGo accepts both Visa and Mastercard to make transfers super simple.
PISP
Some money transfers are enabled by a third-party financial institutions called Payment Initiation Service Provider, or PISP, which facilitates direct bank transfers for seamless online transactions.
SWIFT
When funds are processed, payment institutions use Society for Worldwide Interbank Financial Telecommunication (aka SWIFT), a global messaging network that secures and executes cross-border transactions.
Apple Pay
If Apple Pay is enabled on your phone, you can use your mobile wallet to send money to certain countries. It’s quick and easy but check with your bank first in case they charge you extra fees. TransferGo doesn’t offer this functionality at the moment—but we’re planning to.
Google Pay
You can also send money to certain countries using Google Pay if mobile wallet is set up on your Android. All you need is your receiver’s mobile number. This isn’t a functionality TransferGo offers at the moment—but watch this space.
Frequently asked questions
How can I send money to Mongolia?
Real-time online money transfers using a mobile application are the fastest and easiest way to transfer funds to Mongolia and many other countries around the world. TransferGo is a free app that provides money transfers at favourable rates with no hidden transfer fees/pricing and excellent customer service in English.
What is the cheapest way to send money to Mongolia?
Compared with other digital money transfer services, the TransferGo app is cheaper and always has favourable currency exchange rates. They were founded to support migrants with remittances, so they have fast, friendly Customer Support in English, French and 8 other languages, which provides guidance and peace of mind when you need it.
Can I use PayPal in Mongolia?
At the moment, you can send payments in Mongolia using Paypal. However, it’s not currently possible to receive payments in Mongolia with Paypal.
This is why Paypal is not the most popular choice of money transfer service in Mongolia, as more people in Mongolia have bank account numbers and credit/debit cards than PayPal accounts. That’s why we recommend using TransferGo to send money to Mongolia.
How long will a money transfer to Mongolia take?
One of the fastest ways to send a money transfer is using an app like TransferGo. The delivery time depends on which delivery method you choose.
If you choose ‘Instant’, the money will arrive in under 30 minutes—usually, the transfer time is 2 or 3 minutes max. If you choose ‘Standard’, the money will arrive within one working day. Please note, we do not currently offer cash pickup services in Mongolia.
Is it safe to send money online to Mongolia?
Online money transfers are safe, as long as:
1) You use a safe and protected money transfer providers like TransferGo. Established money transfer companies are regulated by EU and UK laws, and use the highest possible security to keep your money safe. If transfers ever do get cancelled, they’ll return your money to you immediately.
2) You only send money to people you know and trust. Once your money has been sent to someone, no one can get it back. So beware of fraudsters and be sure of who you’re sending money to.
What are the tax implications for sending large transfer amounts of money to Mongolia?
There certainly won’t be any taxes deducted in the TransferGo app. We advise that you check the local laws regarding the transfer of large sums of money, and the corresponding taxes that you may need to pay.
What is the best mobile app for sending money to Mongolia?
With a rating of ‘Excellent’ from over 35,000 reviews on Trustpilot, the TransferGo app is highly recommended by users around the world. You can download it for iOS, Android and Huawei from the App Store, Google Play and Huawei Gallery.
Will I get the best MNT exchange rate?
Exchange rates change all the time. At TransferGo we always try to offer the best Mongolian Tugrik rates, whether you’re transferring on business days or weekends. And when the rates are especially great, we let you know.
What is the best money transfer service for sending funds to Mongolia?
When sending money to Mongolia, look for services that have proven themselves in the market and have been around for many years, with official pages on the internet, mobile applications on Google Play or AppStore, and numerous customer reviews on the Trustpilot platform. For example, TransferGo has over 35,000 verified reviews and an overall score of 4.7 or 4.8 out of 5 on Trustpilot, giving you peace of mind that the service is safe, efficient, affordable and reliable.