How CurrencyFair Works

Easy worldwide transfers to over 150 countries

Regulated by the Monetary Authority of Singapore (MAS)

Getting Started

How to transfer money overseas

Open an account easily

Complete your profile and upload a proof of ID and address. Following in person verification, start to send and receive money from overseas online.
Set up your transaction

Tell us the amount, the currency you want to exchange to and the bank account you want to send money to.
Transfer your money

Send your money to CurrencyFair by bank transfer to be exchanged into 19 currencies.

We take care of the rest!

When we receive your money, we exchange it at the best available rate and transfer to the recipient without delay.

Your money arrives

The recipient receives their money: fast, secure worldwide transfers at bank-beating exchange rates.

Get the best available rate with CurrencyFair

You Send

Recipient Gets

Send Money

Bank level security - without the hidden fees of the banks

CurrencyFair is fully regulated by the Monetary Authority of Singapore (MAS) under the Money-Changing and Remittance Businesses Act (Cap. 187) so your money is always secure.

Check out our security features

Rated Excellent 9.4 out of 10 by 3360 customers on independent review site Trustpilot.

Read all reviews in Trustpilot

Not ready to exchange?

With CurrencyFair you have the choice to exchange later when the rate suits you.

Currency wallet

Top up balances in your multi-currency wallet at any time to exchange when you’re ready.

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Choose your own rate

Set to auto-exchange at your preferred rate in our peer-to-peer marketplace.

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Rate alerts

Set up free alerts for when your preferred exchange rate is reached.

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Create your free account

FAQs

Some common questions asked by people sending money with CurrencyFair

How long will it take for singapore dollars to reach my CurrencyFair account?

Instantly send in up to S$200,000 by FAST to your CurrencyFair account. Amounts in excess of S$200,000 received before 17:00 (GMT+8) are sent by Telegraphic Transfer. Find out more about our transfer times.
Is my money safe?

Yes. CurrencyFair is fully regulated by the Monetary Authority of Singapore (MAS) under the Money-Changing and Remittance Businesses Act (Cap. 187), meaning your money is in safe hands.
How can I Top Up my CurrencyFair account?

All customers can top up a CurrencyFair account by bank transfer. Additionally customers with Irish debit cards can make debit card payments, while Australian residents can use BPAY to top up their account.
Do I need to verify my account?

As a fully regulated financial services business, we are required to verify the identity of all our customers. Customers resident in Singapore must be verified in person as part of the account application process. We require photo identification and a proof of address.

CurrencyFair (Singapore) Pte Ltd is regulated (fully authorised) by the Monetary Authority of Singapore pursuant to section 8(3)(a) of the Money-Changing and Remittance Business Act Cap 187 (“MCRB Act”). This regulation governs foreign exchange and money remittance. The Monetary Authority of Singapore imposes minimum capital requirements and ensures the highest standards for internal policies and procedures, detection of financial crime and the protection of client funds. In accordance with the specific terms of our remittance licence CurrencyFair Ltd. has furnished the required Letter of Responsibility to the Monetary Authority of Singapore confirming that it is responsible for the operations of CurrencyFair (Singapore) Pte Ltd.

How CurrencyFair Works

Easy worldwide transfers to over 150 countries

Getting Started

How to transfer money overseas

Open an account easily

Complete your profile and upload a proof of ID and address. Following in person verification, start to send and receive money from overseas online.

Set up your transaction

Tell us the amount, the currency you want to exchange to and the bank account you want to send money to.

Transfer your money

Send your money to CurrencyFair by bank transfer to be exchanged into 19 currencies.