How our currency exchange fees work

Due to our low-margin rates and our low flat-fee for transfers, CurrencyFair is up to eight times cheaper than the banks.

International money transfer pricing

On average, customers at the moment pay an average of 0.53%.

This is the instant rate available for an exchange at that particular time. With CurrencyFair, you can also choose a rate that is even better than our live rate by exchanging on the Marketplace, meaning you could save even more money.

Transfer amount
Exchange Rate
Transfer Fee
Recipient Gets
CurrencyFair Logo
Transfer amount
£2,000.00
Exchange Rate
1.1344
Transfer Fee
€3.00
Recipient Gets
€2,265.80
Typical Bank
Transfer amount
£2,000.00
Exchange Rate
1.1054
Transfer Fee
€20.00
Recipient Gets
€2,188.72
*This example is comparing a GBP to EUR exchange.

On average you pay just 0.53% of the amount exchanged plus a €3.00 (or currency equivalent) transfer fee.

Bank-beating rates, at home or on the go

Access our platform from any device at any time.

CurrencyFair IOS App
CurrencyFair Android App

Ready to start saving?

Sign up for free and save up to 8 times more than with a typical bank.

Not ready to start sending money? Set up a rate alert instead so you never miss out on your preferred rate.