CurrencyFair is the best way to exchange currency and send funds to bank accounts worldwide. Our unique, new peer-to-peer marketplace ensures big savings on exchange rates and fees, and puts YOU back in control. There’s now an efficient and safe alternative to ridiculous bank and broker charges.
CurrencyFair is an online currency exchange market place. The market place is peer-to-peer, with the ability for CurrencyFair to supply liquidity. CurrencyFair is headquartered in Ireland with employees in UK, Australia and Poland.
Currently, 17 currencies are available to exchange – Euro, Pound Sterling, US Dollar, Australian Dollar, Canadian Dollar, Swiss Franc, Czech Koruna, Danish Krone, Hong Kong Dollar, Hungarian Forint, Norwegian Krone, NZ Dollar, Polish Zloty, Swedish Krona, Singapore Dollar and South African Rand.
Customers can exchange immediately to and from any of the 17 currencies using QuickTrade. They can also ask for a higher rate and wait to be matched. This feature allows customers to potentially get a rate that is better than the market interbank (wholesale) rate. CurrencyFair cuts out the banks from the exchange process by matching you with another customer selling the currency you want to buy.
CurrencyFair holds all client money separate from its own with Bank of America. The company is regulated by both the Central Bank of Ireland (under the European Union Payment Services Directive) and by the Australian Securities and Investments Commission.