CurrencyFair is an online peer-to-peer money transfer company based in Ireland, with additional offices in Australia and the UK. The company was founded in 2009 and began offering international money transfer services to customers in 2010. CurrencyFair offers customers the ability to send money and receive money via transfers or international payments in 17 different currencies, with the ability to send money in an additional three currencies.
CurrencyFair offers currency transfer services to retirees, students, overseas workers, and anyone else who needs to send money and wants to secure a good currency exchange rate at lower prices than what is typically charged at a bank. Customers can send and receive money in 17 currencies and send money in an additional three currencies for almost any type of foreign currency transaction, from funding foreign brokerage accounts to purchasing real estate overseas, accepting foreign currency payments, sending or receiving remittances, or paying for an education.
CurrencyFair also offers money transfer services for businesses and corporate customers. Services include the ability to pay foreign invoices, remit profits to company headquarters, hold funds in a number of foreign currencies, and to make corporate foreign exchange transactions and foreign currency investments in a number of global locations. CurrencyFair offers businesses these services at much lower fees than what is traditionally charged at banks, and all transactions are safe and regulated by financial authorities in the countries in which they are transacted.
Founded in 2009, CurrencyFair Limited is an online peer-to-peer money transfer company headquartered in Ireland with employees in Australia and the United Kingdom. The company offers competitive exchange rates for sending and receiving money transfers and international payment services in 17 currencies, with the ability to send money in an additional three currencies. The company is regulated by the Central Bank of Ireland as an Authorized Payment Institution under the European Communities (Payment Services) Regulations 2009. The CurrencyFair Australia Pty Ltd office is regulated by the Australian Securities and Investments Commission (ASIC). As of October 2014, the company had processed over €1.2 billion in transfers for its customers.
CurrencyFair was one of four companies named “Best of Show” at the inaugural FinovateAsia conference in Singapore in November of 2012, and won the IIA Dot IE Net Visionary Awards for Most Insightful and Intriguing Internet Innovation.
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