CurrencyFair review
4.80 Kredly scoreOur in-depth CurrencyFair review covers their excellent exchange rates, low fees, fast transfers, and strong security. See why they're highly rated.
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Pros
- Consistently offers excellent exchange rates
- often beating traditional banks.
- Fast and reliable transfers
- with many recipients receiving funds the same day.
- User-friendly website and app
- making the transfer process straightforward.
- Low transfer fees
- frequently cited as minimal (e.g.
- €3).
- Strong security measures and authorized as a payment institution.
Cons
- Some users might need to familiarize themselves with the initial setup process.
- Transfer speed can occasionally vary based on currency and destination.
- Limited information on specific country payout options beyond bank transfers.
About CurrencyFair
CurrencyFair stands out as a highly-rated global money transfer service, renowned for its commitment to offering bank-beating exchange rates and a seamless user experience. With a network spanning over 150 countries and supporting more than 20 currencies, CurrencyFair makes sending money internationally both efficient and cost-effective. Users consistently praise the platform for its ability to provide significantly better rates than typical banks, with many reporting savings of hundreds of euros on larger transfers.
Key features include fast, reliable transfers, with a strong emphasis on same-day delivery for most major currency routes. The process is designed for ease, from setting up transactions and adding recipient details to choosing a deposit method and transferring funds. CurrencyFair prioritizes security, operating as an authorized payment institution with robust measures such as segregated customer accounts, systematic checks, and thorough verification protocols. This focus on security, combined with responsive customer support available via phone and email, builds significant trust among its long-term customer base, some of whom have been using the service for over a decade.
Whether you're sending money to family abroad, paying overseas tuition fees, receiving an international pension, or purchasing property overseas, CurrencyFair positions itself as a versatile solution for various financial needs. Its intuitive app and website ensure a smooth experience, allowing users to manage transfers and set up rate alerts from any device. The consistent positive feedback highlights its low fixed fees, excellent exchange rates, and dependable transfer speeds, making it a top choice for individuals and businesses seeking to optimize their international money transfers.
CurrencyFair offers we're tracking now
| Destination | Fee | Markup | Speed | Recipient gets |
|---|---|---|---|---|
| 🇦🇪 United Arab Emirates | $40.84 | — | Not stated | AED 3,496.50 |
| 🇦🇹 Austria | $34.32 | — | Not stated | €839.00 |
| 🇦🇺 Australia | $27.91 | — | Not stated | A$1,383.20 |
| 🇨🇦 Canada | $28.50 | — | Not stated | CA$1,354.60 |
| 🇨🇭 Switzerland | $49.46 | — | Not stated | CHF 763.40 |
Each destination links to the full offer comparison. Methodology
Is CurrencyFair safe?
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Read our safety checklist →FAQ
Is CurrencyFair safe for international money transfers?
Yes, CurrencyFair is a fully authorized and regulated payment institution, employing robust security measures such as segregated customer accounts and systematic checks to ensure the safety of your funds.
What are CurrencyFair's exchange rates like?
CurrencyFair is renowned for offering consistently excellent exchange rates, often beating traditional banks and helping users save significantly on international transfers. They provide transparent rates for over 20 currencies.
How fast are CurrencyFair's transfers?
Many of CurrencyFair's transfers, especially for major currency routes, are completed the same day. Transfer speed can occasionally vary based on the specific currency and destination country.
What are the fees for sending money with CurrencyFair?
CurrencyFair is known for its low transfer fees, which are frequently cited by users as minimal. They maintain transparency regarding any fixed fees (e.g., €3) or percentage-based charges.
Which countries does CurrencyFair support?
CurrencyFair supports transfers to over 150 countries and more than 20 currencies, offering a wide global reach for international money transfers.
Does CurrencyFair have a mobile app?
Yes, CurrencyFair offers a user-friendly mobile app, which, along with their website, makes it easy to manage transfers, set up rate alerts, and send money internationally from any device.