Just like any other transfer provider, it offers different types of services, which include:

• Seamless international money transfers, which helps you in improving cash flow
• Offering you a single account for collecting all your international payments from international customers and clients
• Paying salaries overseas to consultants and freelancers
• CurrencyFair also helps you to set up recurring payment schedules for other businesses, clients or suppliers overseas

How To Make a Transaction

So long as you have the necessary details and the money you wish to transfer, you can proceed to the transfer process. Transferring money involves four simple steps:

1. Setting up a business account
2. Adding the details of your bank account and that of the bank account that you wish to transfer money to. The account can either belong to your customers, your clients or even freelancers.
3. Sending money to one of the local banks
4. Transferring money to your registered bank account once CurrencyFair has received your money

You can thereafter monitor your transaction's progress and visit the support page whenever you have any questions regarding the progress. Moreover, the transactions do not take long and it is very rare for any inconveniences to occur.

Fees and Exchange Rates

The transfer charges will depend on the type of currency that you are transferring into CurrencyFair and the one that you wish to transfer to the recipient.

CurrencyFair saves you a great deal on the bank rates. They simply match you with another client who wishes to transfer the same pair of currency but in the reverse direction. You just have to go to CurrencyFair's marketplace and fair until you find a potential match. Thereafter you can go on with your transactions at very low rates.

Advantages

Business account has a lot of advantages which makes it a perfect choice of transfer provides. Such advantages include:

• It has very low transfer minimums. You can therefore transfer as low as €8 with very minimum charges.
• You can also bid and have your preferred transfer rates. Once you are at CurrencyFair's marketplace, you can easily find a user who will accept your money transfer.
• You can make your business payments very flexible by simply scheduling your recurring transactions. Such transactions include the recurring payments both in and out of the business.
• CurrencyFair charges its services very fairly. For most of the transactions, it charges as low as €3.

All in all, CurrencyFair helps you in saving transfer costs and offers you the best customer support services. You therefore need to make it your number one provider.