From sending money to family overseas to buying property overseas – Fair currency got you covered.
CurrencyFair was launched in Ireland twelve years ago and since then has expanded internationally to help customers around the world send and receive money overseas at better exchange rates and cheaper than banks.
Some providers hide fees in their exchange rate or make the information hard to find, but at CurrencyFair the fee is always just $4 (or currency equivalent) no matter how much you send. To make things even better, new customers receive their five first transfers free of charge!
So how do customers use CurrencyFair?
If you are considering buying property overseas, you can avoid hefty markups on exchange rates when buying and selling property overseas thanks to low foreign exchange (FX) rates. CurrencyFair margin.
That’s what John, CurrencyFair customer when he needed to transfer money overseas to buy a home away from home in sunny Spain.
“I started using CurrencyFair many years ago when I was in Australia,” says John. “Friends had used it and it bypassed banks that charged exorbitant fees for transferring funds overseas combined with uncompetitive exchange rates.
As Fair currency has local bank accounts across the globe, most international transfers on its platform are processed as domestic transfers, saving you time and money.
Having previously used CurrencyFair to send money overseas to his daughter in the UK, John knew he could save money when it came time to sign the final paperwork and transfer the funds to Spain to buy a vacation home.
“Over the past eight to ten years, I have used Fair currency not bad for transferring funds from Australia to the UK and Spain and more recently I collected my pension in Australia, sold my house and transferred the funds first to Spain and then from Spain to UK “.
“I think the main difference between Fair currency and a bank is that CurrencyFair has a very good communication system that allows the user to know exactly where the funds are and what amounts will be received as well as the deadline.”
Find more information about CurrencyFair on its website and see the latest updates on Facebook and Twitter.