CurrencyFair International Money Transfers

Information verified correct on February 26th, 2017

CurrencyFair’s exchange rates

CurrencyFair utilizes a system where your currency is traded to others who want it. In exchange for this more transparent system CurrencyFair adds a small fee and margin to each transfer, which is still much smaller than what other banks and exchange brokers might charge.

What currencies are available?

CurrencyFair has a large range of currencies available for trade. These include:

See how other services compare to CurrencyFair

Rates last updated February 26th, 2017

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Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting

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Exclusive offer: $0 transfer fee ... Exclusive offer: $0 transfer fee
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WorldRemit International Money Transfers
Use promo code FREE to ... Use promo code FREE to send your first transfer for no fee, to over 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.
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TransferWise International Money Transfers
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Send safe... Send safe, no-limit transfers with no fees and competitive exchange rates.
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RIA Money Transfer
No fees for bank account ... No fees for bank account transfers and cash pickup at 240,000 locations in 130+ countries.
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HiFX International Money Transfers
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Moneycorp Exchange Experts
Full-service specialist offering competitive exchange ... Full-service specialist offering competitive exchange rates on personal international money transfers.
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TorFX International Money Transfers
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Who can use CurrencyFair?

CurrencyFair is available for both businesses and personal clients. CurrencyFair can be helpful to many people, including:

  • International students – Living and studying abroad is expensive without having to factor in expensive currency exchange fees and poor rates.
  • Property owners – Owning an overseas property means you have to make regular repayments. CurrencyFair can save you money over the course of your home loan. Considering most home loans are paid out over 20 – 30 years this can mean rather large savings.
  • Retired expat – If you’re retired and living overseas it’s wise to seek cheap currency conversion so you better preserve your retirement funds.
  • Overseas workers – If you work overseas and regularly send money back to your family a service like CurrencyFair can save you plenty in fees over the duration of your time abroad.

How do I use CurrencyFair?

To use CurrencyFair you’ll need to open an account. This is free and takes five minutes to do. Once your account is open you can exchange currencies.

You’ll then have to send your funds to the client account. Next, you convert your funds into your chosen currency, and then you give CurrencyFair the account details to receive your funds.

CurrencyFair has short processing times. When transferring US dollars to euros, it will take 1 – 2 business days for CurrencyFair to receive your funds and another 1 – 2 business days to exchange and transfer out the funds. This type of transaction would come with a EUR 3 fee.

Compare CurrencyFair to other providers

Compare CurrencyFair to…See Comparison
TransferWise vs. CurrencyFair
Western Union vs. CurrencyFair
MoneyGram vs. CurrencyFair

Real questions from our users

Is CurrencyFair Safe?

CurrencyFair is a fully regulated Payment Services Provider. They ensure your funds are held with top shelf global institutions which are separate from their own bank accounts.

Will I need to identify myself?

If CurrencyFair can’t verify your identity online you’ll need to send in some identification documents which they’ll verify manually. In most cases, CurrencyFair will you to supply at least one of the following:

  • Passport
  • Driver’s license
  • Identity card

You’ll also need to supply some identification for your address:

  • Bank statement
  • Credit card statement
  • Utility bills
  • Insurance notices

Is there a minimum or maximum transfer amount?

You must exchange a minimum of 8 EUR (or the equivalent in your currency).

Are there ongoing fees when using CurrencyFair?

There are no ongoing fees with a CurrencyFair account.

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US International Money Transfers Offers

Learn about our information service
HiFX International Money Transfers

Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.

WorldRemit International Money Transfers

Use promo code FREE to send your first transfer for no fee, to over 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

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