From $32.99/year
60-day money-back guarantee
Yes
CurrencyFair revolutionizes international money transfers through its innovative peer-to-peer marketplace model, offering users access to real mid-market exchange rates with minimal margins. Founded in 2009, this Irish-based company has processed over €12 billion in transfers, serving customers across 150+ countries with a focus on transparency and fairness.
CurrencyFair's greatest strength lies in its unique P2P matching system that connects users wanting to exchange currencies directly, eliminating traditional banking intermediaries and their inflated margins. The platform excels in providing genuine mid-market rates, low fixed fees, and complete transparency in pricing. Their regulated status across multiple jurisdictions and strong customer protection make them an excellent choice for both personal and business transfers.
Real mid-market exchange rates
Transparent, fixed fee structure
Regulated financial institution
Peer-to-peer marketplace innovation
Significant savings on larger transfers
No hidden charges or markups
Slower transfer times (1-4 days)
Limited payout options (bank deposit only)
Requires user education on P2P system
Clear platform design, comprehensive guides, requires some learning for P2P marketplace
Excellent value with real mid-market rates, transparent fixed fees, significant savings
Standard 1-4 business days, not the fastest but reliable and predictable
150+ countries, bank deposit focus, strong coverage for major corridors
Professional support during business hours, comprehensive help resources
CurrencyFair is a pioneering peer-to-peer currency exchange platform founded in 2009 that connects people who want to exchange currencies directly with each other, bypassing traditional banking systems and their high margins.
Headquartered in Dublin, Ireland, and regulated by multiple financial authorities including the Central Bank of Ireland, CurrencyFair has processed over €12 billion in transfers and serves customers in 150+ countries.
Guarantee: Regulated financial institution with customer funds protection and secure transfer guarantee
• Users seeking real mid-market exchange rates
• Regular international transfers with substantial amounts
• People tired of hidden bank charges and poor exchange rates
• Businesses requiring transparent international payments
Best10 Money Transfer earns commissions from CurrencyFair from qualifying transactions through links on this page
Peer-to-Peer Marketplace: Unique system that matches users wanting to exchange currencies directly, providing access to real mid-market rates without traditional banking margins.
Standard Transfers: Bank-to-bank transfers with competitive rates and fixed fees. Ideal for regular international payments with transparency in all costs.
Business Solutions: Dedicated business accounts with API integration, batch payments, and dedicated account management for companies with regular international payment needs.
| Transfer Speed | 1-4 business days |
| Coverage | 150+ countries and territories |
| Transfer Methods | Bank transfer, debit card |
| Payout Options | Bank deposit |
| Mobile App | iOS and Android apps available |
| Customer Support | Email and phone support during business hours |
CurrencyFair's mobile application provides a comprehensive platform for managing international transfers with real-time rate tracking, transfer history, and marketplace monitoring. The app features an intuitive design with secure login, rate alerts, and the ability to view live P2P marketplace activity. Users can complete transfers, track progress, and manage beneficiaries directly from their mobile device.
Getting started with CurrencyFair requires a straightforward registration process that includes identity verification to comply with regulatory requirements. New users need to provide personal information and verify their identity using official documents such as a passport or driver's license.
The verification process is thorough but user-friendly, typically completed within 1-2 business days. Once verified, users can access the peer-to-peer marketplace and begin making transfers at real market rates.
CurrencyFair provides comprehensive onboarding with detailed explanations of how their P2P marketplace works, including how users can benefit from matching with other users for optimal rates. The platform offers clear guidance on transfer limits, fees, and timing.
New users can start with smaller amounts to familiarize themselves with the platform before making larger transfers, with dedicated customer support available to guide them through the process.
CurrencyFair provides professional customer support through email and phone during business hours, with multilingual support available for key markets. Their support team is knowledgeable about international regulations and can assist with complex transfer scenarios.
The company maintains a comprehensive help center with detailed guides, FAQs, and explanations of their peer-to-peer marketplace system. The platform includes educational content to help users understand currency markets and optimize their transfers.
For urgent issues, CurrencyFair offers priority support for business customers and high-value transfers. Response times for general inquiries are typically within 24 hours, with most issues resolved promptly.
CurrencyFair receives positive reviews for its transparent approach to international transfers, with customers appreciating the real mid-market rates and clear fee structure. Users value the ability to see exactly how their transfer is being processed and matched in the marketplace.
The platform's unique P2P system initially requires some user education, but customers quickly appreciate the savings compared to traditional banks. The transparent pricing model with no hidden fees has earned strong customer loyalty.
Users particularly praise the significant cost savings on larger transfers and the peace of mind that comes with dealing with a regulated financial institution. The platform maintains good ratings for reliability and trustworthiness.
CurrencyFair has carved out a unique position in the international money transfer market through its innovative peer-to-peer marketplace that delivers genuine value through real market rates and transparent pricing. While transfer times may be longer than some competitors, the cost savings often justify the wait.
As a regulated financial institution with over a decade of operation and billions in processed transfers, CurrencyFair represents a trustworthy alternative to traditional banking for international transfers. Their commitment to transparency and fair pricing makes them particularly suitable for users who prioritize getting the best possible exchange rates over speed.
See what some customers are saying about CurrencyFair
Great • 12,500 Reviews
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Finally found a service that gives real exchange rates! Saved hundreds compared to my bank.
Been using CurrencyFair for 2 years. The P2P system is brilliant and saves so much money.
Great rates and transparent fees. Takes a few days but worth it for the savings.
Perfect for my business transfers. Real mid-market rates and no hidden charges.
Took some time to understand the system but the savings are incredible. Highly recommend.