based on 3 reviews

CurrencyFair is a peer-to-peer transfer service Founded by Brett Meyers, Sean Barrett, and Jonathan Potter. The company is privately owned, and has received funding from a number of prominent venture capital firms. Currently, CurrencyFair only serves citizens of Australia and Ireland.

Using CurrencyFair, you can make international transfers through wire transfer, local transfer, and electronic transfer. Currently the company deals with only 18 currencies.

CurrencyFair only deals with spot contracts. However, you can store your money with the company until you are ready to make the transfer. All transfers are made through bank transfer, with Irish citizens also able to use their debit card.

CurrencyFair caters to both business and personal users, with a primary focus towards private individuals. CurrencyFair is recommended for large transactions, of £5,000 and up.

Registration with CurrencyFair is online, with a few simple steps requiring general information, referral information, and proof of identification.

What our community says

The website is really easy to use and we like that we can transfer money in and choose when we want to exchange the money, giving us more control over our funds. You can also leave money in there and make a rule that your money will only be exchanged if the ex. rate reaches X.XXX for example. Otherwise you can choose auto-exchange and transfer for immediate exchange (wouldn't recommend if the rate isn't stable like GBP to EUR right now). Excellent, secure app as well. Highly recommended.
Stephanie Fogel
Oct. 27, 2016, 10:40 a.m.
Currency Fair have good customer service and plenty of options, felt secure sending fees through them. I was also pleased that their rates are quite good if you're sending more than a few quid.
Oct. 18, 2016, 10:17 a.m.
Used once. Had no problems with them.
June 6, 2016, 3:31 p.m.