CurrencyFair - Fast, secure money transfers
Send money with a better exchange rate and avoid excessive bank fees
Get complete control over your international money transfer.
CurrencyFair’s mission is to provide fair financial services that delight and empower our customers.
We offer exceptional rates on international transfers thanks to our unique peer to peer marketplace. To date CurrencyFair has saved our customers €260 million, with over €10 billion exchanged with CurrencyFair to date .
At CurrencyFair, we always want to be honest and transparent when it comes to how we operate.
The reason why CurrencyFair is so much cheaper than banks and other money transfer companies is because of our innovative peer-to-peer exchange system.
So after you’ve registered with CurrencyFair and your account is activated, you deposit money into your CurrencyFair account.
You deposit into a local account.
Now that’s important because it’s free and it’s fast.
Once your money is there, you exchange into the currency that you want to buy and then it transfers out and again that transfer is from a local account so it’s very quick.
Exchanging funds with CurrencyFair is simple, just three easy steps:
Deposit, exchange and transfer.
- Deposit. Transfer in the funds you need to exchange from your bank account into our client bank account. We operate local accounts in most currencies so this is simple to do using internet or phone banking. As soon as we receive your funds, we credit them to your CurrencyFair account and send you an email to let you know you are ready for step two.
- Exchange. There are two ways to exchange with CurrencyFair, Auto-Transactionor the Exchange. Use “Create an Auto-Transaction” to exchange any amount straight away at the best rates currently available. If you are not in a hurry, you can use the Exchange. Choose your own better rate and hope for other customers to take up your offer. As soon as your funds have been exchanged, you are ready for step three.
- Transfer. Simply enter your beneficiary account details and we do the rest. You can transfer to your own account or that of a third party, such as family or friends, a supplier or a merchant.
We make sure your funds get where they need to go quickly and safely.