FairFX money transfer

FairFX is an international money transfer service that has been around for over a decade. In addition to their international money transfer services, they are famously known for their travel cards and transfer cash. FairFX is one of those companies who have enjoyed positive reviews since the beginning, and rightfully so.

Contact FairFX

Website
Phone number
+44 (0)20 7778 9300
Mobile App
Customer service
Business account

FairFX

Founded
2007
Head office
London, The UK
Available
Worldwide

Transfer options

Countries
over 200
Currencies
15
Transfer time
up to 3 working days
Transfer limit
no limit

Withdrawal options

Card
Bank account

Payment options

Online Transfer
Debit Card
Credit Card

FairFX exchange rates and transfer fees have remained competitive, and they are one of the few services out there with a refund policy if the user finds better rates elsewhere. Users seeking to make large transactions will definitely benefit from FairFX, keep on reading to find out more about this company.

How to make a transaction using FairFX?

If there is one thing users love about using FairFX is how easy it is to use their website. Nevertheless, if you are a new user, here is a step by step guide on how to make a transfer.

  1. Create an Account. As usual, the first thing you'll need to do is sign up, an easy process, just follow the instructions and fill in the information they ask. Once you've completed the registration process, all the information will have to be verified. It takes up to 24-hours to complete.
  2. Transfer Funds. After your account has been verified, you can proceed to transfer your funds. Click on the "Money Transfer" option, choose the currency, enter the amount you want to send, and that's it. No matter how much you're transferring, you'll be asked to confirm the transaction before proceeding to the next step.
  3. Recipient Details. Now enter the beneficiary information, name, address, bank account, etc.
  4. Payment Method. Choose how you want to pay for the transaction, and hit send. You'll receive an email notifying you of the transaction.

Fees & Exchange Rates

Like all the other international money transfer services, FairFX makes money by charging transfer fees. The company has worked very hard over the years to provide an affordable service to its customers, removing third party exchange rates.

  • Transfer Fees. FairFX uses its own currency called "FairPay." They are no commissions, fixed transfer fees, or any other extra charges.
  • Exchange Rates. Two main factors determine the exchange rates you'll get. The currencies you've chosen and the amount you want to transfer. The larger the amount is, the higher the rates will be.
  • Other Fees. If you are making a transfer directly to a bank account, be careful about the fees charged by the bank.

Advantages of using FairFX

FairFX main goal for over a decade is to offer its customers the best service, the most affordable rates, and fees, and the guarantee that the funds will reach its destination. By adding travel cash and travel cards, FairFX has gone above and beyond to facilitate international money transfers for its customers.

Another advantage of using FairFX is its user-friendly website and mobile app. They have been designed to be easy to use.

Access to preloaded cards, a service not every company offers.

Popular destinations of transfers