When CurrencyFair was founded
CurrencyFair is an online money transfer platform founded in 2010 and based in Dublin, Ireland. It offers a new type of cross-border money transfer service that allows individuals and small businesses to move money from one country to another cheaply, quickly and securely.
What are the main advantages of CurrencyFair?
CurrencyFair's main advantage is that it offers very low fees and favourable exchange rates that are more competitive than those offered by traditional banks and other money transfer service providers. The company's exchange rates are set by the customers themselves, so they can vary greatly from customer to customer, but this is what makes CurrencyFair unique.
How CurrencyFair works
CurrencyFair works by matching the currencies that need to be exchanged, thus reducing the cost of sending money. For example, if a person needs to convert from Euros to US dollars, CurrencyFair will match them with someone who needs to convert from US dollars to Euros, thus avoiding the extra costs associated with cross-border transfers. The process is fully automated, very fast and efficient.
CurrencyFair's user interface is very easy to use. Users simply register for an account on the website, then select the currency to be exchanged, set the exchange rate and amount, and make the transaction. The company offers a wide range of payment and receiving methods, including bank transfers, credit cards and debit cards, thus making it easy for users to complete money transfers and receive payments.
CurrencyFair is also fully secured. The company holds a financial services licence from the Central Bank of Ireland and employs the highest level of security technology and data encryption to protect users' personal information and transactions.
How is CurrencyFair accessed?
Simply click on the Open URL button above.