Last Updated: 07/03/2025
SuperMoney User Recommendation Score +85
Strongly recommended34 total votes
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Highlights
Community Rating
Strongly recommended
Minimum Transfer
$1
Transfer Speed (days)
2
Processing Fee Range ($)
Starting at $3
Processing Commission
Starting at 0.35%
Number of Reviews
CurrencyFair Review
CurrencyFair is a money transfer service company based in Surrey, UK, . It was founded in 2009 and offers money transfers to 153 countries.
CurrencyFair does not charge a fee to send money to Mexico. However, remember that money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. CurrencyFair does not charge a fee to send money to India. However, remember money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. CurrencyFair does not charge a fee to send money to the Philippines. However, remember money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. CurrencyFair does not charge a fee to send money to China. However, money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction.
CurrencyFair FAQ
What money transfer methods does CurrencyFair support?
CurrencyFair allows you to send money with the following receive options (options vary by receive country):
- Bank accounts.
How much money can you send with CurrencyFair?
Sending limits vary depending on factors such as how the sender is funding the transaction, how the recipient is receiving the money and the destination country or territory. Check the limits that apply to a particular transfer on CurrencyFair's website.What fees and commissions does CurrencyFair charge?
- CurrencyFair does not charge a flat processing fee. Instead the cost varies depending on the amount you transfer. CurrencyFair charges a processing fee that starts at $
- There is a processing commission of 0.35%. For example, on a $1,000 transfer you will pay around $3.5. This is just an estimate there may be other fees and commissions to consider.
- CurrencyFair does not charge a currency exchange fee. Instead, CurrencyFair makes a profit from the spread between the buy and sell price of the currency you purchase. Compare the exchange rates offered by money transfer services as well as fees when calculating the total cost of the transaction.
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| Foreign Currency Transaction Fee | Starting at 0% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Processing Commission | Starting at 0.35% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Processing Fee Range ($) | Starting at 3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from our editor
What We Love About CurrencyFair Money Transfer Services
CurrencyFair takes the expense out of wire transfer services and helps everyone find better money solutions. It’s disrupting the money transfer market by lowering fees, improving rates, and offering new alternatives. Plus, the company is doing it without making it only available to those with perfect credit. CurrencyFair services are available to anyone with a bank account, or even anyone who knows someone with a bank account.
What Could CurrencyFair Money Transfer Services Do Better?
The biggest drawback to this platform is that it can send money to the U.S., but it cannot receive business from U.S. residents. Thus, it’s only available to residents of other countries looking to send money to the United States. The platform has done impressive business for the UK market, Ireland, and Australia. It has done some business in the U.S. with non-residents, but opening the market to U.S. residents would certainly change the game for the better.
CurrencyFair Money Transfer Services Backstory
CurrencyFair was founded in 2009 when four business colleagues saw a better opportunity for P2P funding and money transfer solutions. By using the P2P concept, they created a system of currency exchange that allows them to offer lower fees since money often never leaves the country. CurrencyFair is licensed and regulated by the Central Bank of Ireland.
Although it is not yet available to all users in all countries, CurrencyFair has saved customers more than 200 million euros to date and continues to offer low fees and fast transfers for people who need an alternative to wire transfer services.
The Verdict
CurrencyFair offers a service that many people can use, and they do it in a way that’s revolutionizing the wire transfer industry. It’s definitely worth a look for those who need an alternative to traditional money transfer services. All you need is access to a bank account, after all.
Contact
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Learn MoreSuperMoney Net Recommendation Score
SuperMoney users strongly recommend this product, giving it a user recommendation score of +85, or 4.7 on a 5-point rating scale.
+85
-1000+100
No one recommends
Everyone recommends
CurrencyFair Community Reviews
Would you recommend CurrencyFair to your friends?
U
Anonymous
Jun 19, 2023
May or may not recommend
This is a fraud company and I don't believe the positive reviews here are genuine. Been 3 weeks and they hold my money mo reason.
OA
Othman A.
Apr 5, 2023
May or may not recommend
1- Easy to use platform with a user-friendly interface.
2- Competitive exchange rates and low transfer fees.
3- Fast and reliable transfers with excellent customer service.
U
Anonymous
Feb 9, 2023
May or may not recommend
After waiting two weeks transfer was never completed. Still waiting on currency fair to transfer my money to my US account.
Lisa C.
Dec 1, 2022
May or may not recommend
The CurrencyFair mobile app is a fast and convenient way to transfer money while you’re on the go. The app lets you make international money transfers, and even set up rate alerts so you don’t miss the rate you’ve been waiting for. The app displays every detail you need to keep track of your money transfer. In addition you can send in documents for verification. It will work wherever you ...Show More
MC
Mazhar C.
Nov 25, 2022
May or may not recommend
I have used Currency Fair for my currency transfers for the last three years. Every time I have used them I have had excellent service. The customer service is fantastic and the rates are competitive. I would highly recommend them to anyone looking for a fast and safe way to get their money from one place to another.
Line G.
Sep 2, 2022
May or may not recommend
I have worked with Currency Fair for a good number of years. You can set your own rate, and you'll receive prompt email confirmations when transactions are finished. I had no issues and was pleased with their service.
NL
Natalie L.
Mar 10, 2022
May or may not recommend
I have used Currency Fair for my currency transfers for the last three years. Every time I have used them I have had excellent service. The customer service is fantastic and the rates are competitive. I would highly recommend them to anyone looking for a fast and safe way to get their money from one place to another.
BO
Bobmanuel O.
Feb 21, 2022
May or may not recommend
The Serve was good, but I would appreciate it if you guys sent the money quickly, and in case someone tries to refund it, you should do it quickly. Thank you.
Miriel P.
Feb 17, 2022
May or may not recommend
CurrencyFair, right next to Wise (formerly TransferWise) is one of the best money transfer services out there. They're known to be quite reliable and have inexpensive rates. Inexpensive, as in some of the cheapest rates for money transfer services on the market. It doesn't offer much in the way of additional services, but it's better for small amounts of money than TransferWise and is available in more countries. Sadly, these ...Show More
Jas T.
Jan 31, 2022
May or may not recommend
Please use if you’re looking for a reliable money transfer system.
Just started using their services 7 months ago and so far, so good. Best part is that compared to other transfer systems, their sending minimum is $1.
Celeste D.
Jan 18, 2022
May or may not recommend
I've never transferred money before, but I found CurrencyFair to be the best experience. The costumer service is great too - I had a lot of questions and they were always quick to answer them. They explained everything clearly and I always knew what was happening. I also love that they have been adding new features that make my life even easier when sending money to my family.
BS
Bradley S.
Nov 18, 2021
May or may not recommend
Money transfers can be a sensitive process depending on who you're sending it to and for what. CurrencyFair makes it very simple, and it's definitely a plus that they're so reliable if something goes wrong. I definitely appreciate them being there and for providing such a robust service to its consumers.
Larissa F.
Oct 9, 2021
May or may not recommend
100% very secure services. You can count on their amazing customer service and also the safe delivery of the money you are transferring.
MS
Marty S.
Sep 30, 2021
May or may not recommend
Money transfer has never been made easier. Currencyfair brings a whole new experience to money transfer. I used them one and couldn’t help but leave a review because of their top notch service. Currencyfair charges are extremely low. You can also transfer as low as $1. You don’t have to be worried when you make a transfer because your money will always be delivered. Try them out today.
IT
Irfan T.
Sep 18, 2021
May or may not recommend
I usually use Currency Fair money transfer services to send money to my distant family and i must say that they are really quick in the process with minimum formalities and its great to know that i even have the facility to send as low as 1$ also. Highly recommended to all!
Andrew H.
Aug 12, 2021
May or may not recommend
There are so many terrible money transfer services out there, Currencyfair isn't one of them.
TJ
Travis J.
Jul 23, 2021
May or may not recommend
Quick and easy transfer sent some money to my youngest through currency
FC
Florencia C.
Jul 18, 2021
May or may not recommend
Currencyfair is the best experience that I've had transferring money. It was fast, easy and convenient. Anyone could learn to use it. And the costumer service was very polite, friendly, and helpful. I know for sure this is the company I would like to stick to. Everyday consumers can now benefit from fast money transfers that come with a cost that is substantially lower than what established providers charge.
Sydjanai
Jul 3, 2021
May or may not recommend
This service works efficiently and convenient for its purposes. There is no limit to the currency amount which is a huge plus in comparison to other similar services. The processing fees are very reasonable and no problems have been encountered so far.
PN
P N.
Jun 25, 2021
May or may not recommend
CurrencyFair Money Transfer Services has a fast transfer speed of 2 days which great to send money quickly international with low fees.
Showing 20 of 34 reviews