CurrencyFair was launched in Ireland in 2010 and offers an online cross-border payment and foreign exchange service to customers globally. Over the past 10 years the company has on-boarded over 150,000 customers.
We offer fast, secure money transfers to 150+ countries with over 20 currencies to choose from with no hidden fees.
Our difference is that we are bank-to-bank transfer specialists. This means we are the perfect option if a consumer or business wishes to avail of this method which is often the best route for larger transfer needs. As we work hard to reduce cost to our customers, we typically beat any rate on offer.
We are a fully digital global FX payments platform
-Global FX bank-to-bank service with highly-competitive rates and a fully digital self-service front-end available anytime, anywhere.
-Offices and staff in Dublin, Singapore, Hong Kong, Guangzhou, London, Sydney and Melbourne.
We have lccenses in key FX corridors globally
-Existing money transfer licenses in Singapore, Hong Kong, Europe, Australia, US and Canada.
-Permission to operate in UAE, meaning we can support consumers and businesses in this fast-growth region.
We process transfers in over 20 currencies
-Up to 8x less expensive to transact compared to traditional banks and brokers.
-High speed of payment by accessing partners’ local clearing
network in real time.
-Transaction size agnostic, targeting customers across the spectrum
Our strong partnerships with leading financial institutions mean we are set up for scale
-Tier 1 banking partners increase certainty and trust for customers.
-Users can make and receive payments reliably and with ease
-We are specialists in bank-to-bank exchange.
Why work with us
- We offer deals based on the volume that a customer or business wishes to transfer to us
- For businesses and business networks and trade organisations, we can negotiate specific discount rates meaning we can provide some of the lowest rates available.
- We specialise in working with SMEs by giving them access to rates they can't get from domestic banking services.
- We blend our online self-service platform with human service. Our customers get access to 24/5 human support from our Dublin HQ if they need us!
CurrencyFair solves the pain experienced by anyone that needs to send money abroad. Expats, overseas home-owners, and SMEs typically pay large spreads (up to and even exceeding 5%) and high international transfer fees of around €25 on every payment. CurrencyFair helps its customer access the real exchange rate, while charging a small transparent margin on each transaction.
While this charge varies depending on which currencies are being exchanged, the average margin is around 0.53% of the overall trade. In addition there is a small fee of €3 when transferring money out of your account. Crucially, our pricing is consistent. This means that you’ll get the same great offer whether it’s your first or fifty-first transaction. Our average margin is just 0.53%, so you can be sure you’re getting a competitive rate.
In our market, by choosing quick trade, you are guaranteed the best rate available right now. If you require a better rate, simply post your funds onto the market place with your required rate, looking for a match. CurrencyFair itself, as a regulated entity, provides security, and where required, liquidity, to ensure that the service operates safely and efficiently.
