In the globalized world of today, the ability to send money across borders quickly, safely, and affordably is more important than ever. CurrencyFair is an online platform to transfer money internationally. Accredited and extremely secure, you will be able to transfer your money from an account to another with competitive exchange rates. CurrencyFair is offering our readers a special discount; 5 FREE money transfers. Click the link below to get started!
If transferring money via an international transfer platform is new to you then check out our article How to transfer money to Australia for more detailed information.
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Get 5 Free international money transfers
Thanks to our partnership with CurrencyFair, Australia Backpackers Guide offers you an affiliate link to create an account. You will then get 5 free transfers. This is a great way to save on transfer costs if you are planning an overseas trip to a few countries with different currencies.
To get your 5 free transfers, it’s easy, just click on one of the buttons of this page:
CurrencyFair: How does it work?
To begin using the international money transfer platform, follow these four basic steps:
- Visit the CurrencyFair website www.currencyfair.com and create your account
- Request transfers online
- Send your money into their account
- CurrencyFair exchanges your money to the currency of your choice and transfers it to your nominated account.
The exchange rates offered by this type of platform are much more advantageous than if you went directly through your bank. What’s more, transfer fees are just AUD 4 (excluding the 5 free transfers)! So you can save a lot of money compared with a traditional bank-to-bank transfer.
Save money with CurrencyFair
With no excessive bank fees, a competitive exchange rate, the CurrencyFair platform is more cost effective than your usual bank. Please note that the exchange rates vary depending on the market and currency. After your 5 free transfers, a transfer fee of only AU$4.00 applies.
Transfer from UK to Australia using CurrencyFair:
You wish to transfer £1000.
You pay $4 transfer fee (or $0 using our link).
The market rate is around $1.93 for £1.
The rate offered by CurrencyFair will be around $1.9275
For £1000 you get about $1,923.50 (+$4 if you are using our link)
Transferring from UK to Australia using a bank:
You wish to transfer £1000.
You might pay a transfer fee (usually around £20).
The market rate is around $1.93 for £1.
Your bank will offer you a rate around $1.8799
For £1000 you will get $1,842.30
Without even considering any bank fees you are already saving $85.
Key Features and Benefits of using CurrencyFair
We have tried many different currency transfer platforms and find CurrencyFair the best company of choice due to the following:
- Very low fixed charges: most competitors offer charges calculated relative to the transferred amount (0.7%) or higher fixed charges.
- Competitive Exchange Rates: By cutting out the banks, CurrencyFair can offer rates that are often much closer to the market mid-rate, saving users a significant amount of money on each transfer.
- Low Fees: CurrencyFair charges a small, transparent fee for each transaction, which is typically much lower than those of traditional banks or other money transfer services
- Safety and Security: The platform uses state-of-the-art security measures to protect users’ funds and personal information, ensuring a safe and reliable transfer process.
- User-Friendly Interface: Both the CurrencyFair website and mobile app offer a seamless user experience, making it easy for anyone to make international transfers without hassle.
The Genesis of CurrencyFair
CurrencyFair is a well-established company with offices in the United Kingdom, Australia, Singapore, Hong Kong and in Ireland where the headquarter is. The company is registered as a payment institution at the central bank of Ireland under regulation of the European Commission and also by the Australian Safety and Investment Commission.
Over the past 10 years, the company has onboarded over 150,000 customers. CurrencyFair currently offers 20 different currencies for international payments.
In 2021, CurrencyFair also created Zai. Zai is a branch that focuses on medium-sized professional clients in financial services, including payments, foreign exchange, fraud management, reconciliation etc. CurrencyFair continues to be the platform for consumers and small businesses to exchange foreign currency quickly and at unbeatable rates.
Transferring money overseas with CurrencyFair is really simple and extremely cost effective. To get your five free transfers, all you need to do is to click the button below and register on the CurrencyFair website. Your free transfers will sit in your account and can be used anytime.
The Future of CurrencyFair
As the world becomes increasingly interconnected, the demand for efficient and affordable international money transfer solutions will continue to grow. CurrencyFair has positioned itself at the forefront of this trend, continuously innovating and expanding its services to meet the evolving needs of its users. With a strong commitment to fairness, transparency, and customer satisfaction, CurrencyFair is set to remain a key player in the global finance ecosystem for years to come.
CurrencyFair Customer Feedback
Here are some of the customer reviews from the TrustPilot website where CurrencyFair received a rating of 4.1/5 out of over 6900 reviews.
Why Choose CurrencyFair?
Whether you’re an expat, a student studying abroad, a business owner making international payments, or simply looking to send money to family and friends overseas, CurrencyFair offers a compelling alternative to traditional money transfer methods. Its combination of low fees, competitive exchange rates, and user-centric design make it an attractive option for anyone looking to save money and time on international transfers.
Read more: CurrencyFair – How it works and Reviews
