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Fairpay

Fairpay

Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£100
10
3%
1.125
112,520.00 EUR
FCA Regulated

Product Features

FCA Regulated FCA Regulated

Forward Contract Trading Forward Contract Trading

HM Revenue Customs Regulated HM Revenue Customs Regulated

No Commission Charges No Commission Charges

No Transfer Costs No Transfer Costs

Online Platform Access Online Platform Access

Online Bill Payments Online Bill Payments

Regular Payments Regular Payments

Separate Client Account Separate Client Account

Set Up Standing Orders Set Up Standing Orders

Money Transfer Brokers Legal Information

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Send Money Using Fairpay

FairPay is able to offer a foreign exchange service for businesses and individuals that cuts out the middleman normally associated with excessive fees. The internal payments service provider has been active in the UK since 2007 and is able to offer its customers a fair rate of currency exchange thanks to its peer-to-peer platform. A range of currencies are available and money can be sent to a number of different countries.

Customers can browse what available rates there are and make a deposit into their account using their debit card, credit card or by setting up an Internet bank transfer. Customers can receive their exchanged currency to a FairPayFX Currency Card, which is a pre-paid Mastercard, complete with a PIN number that can be used in over 210 countries. The card can be used to handle a number of financial affairs abroad, which could be a general holiday or a wedding abroad. Currency can also be delivered to a home address or transferred to a foreign currency bank account. If opting for the FairPayFX Currency Card, it is worth noting that it can take seven to ten working days to arrive.

Businesses can also take advantage of market-leading exchange rates and be confident that that their funds are held within a secure environment. Any issues or obstacles that may arise when a business attempts to exchange currency can be handled by a dedicated member of staff. There is also a FairPay Corporate Account that can help manage staff expenses.

Personal Services

  • Emigrating Emigrating
  • Managing Currency Exposure Managing Currency Exposure
  • One-off International Payments One-off International Payments
  • Overseas Properties Overseas Properties
  • Regular Monthly Payments Regular Monthly Payments

Business Services

  • Export Export
  • Hedging Strategies Hedging Strategies
  • Import Import
  • Managing Currency Exposure Managing Currency Exposure
  • Overseas Investments Overseas Investments

Consumer Information

FairFX offers a number of solutions for businesses and individuals. Businesses are able to benefit from market-leading exchange rates as receiving expert advice on how to mitigate their risk. Individuals can use the FairFX Currency Card if they are looking to travel abroad and also have the option of receiving their funds to a foreign bank account or mailed to their home address.

How to Apply

Applicants are able to create an account online, where their identity will be checked online. Failure to register with the correct details could cause an application to be rejected. Applicants must be at least 18 years of age and reside in the UK. If applicants are looking to make deposits into their account via debit or credit card, then the card must be registered to the same address that was included in the original registration. FairFX will ensure the confidential handling of any customer information.

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Great London

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Fairpay

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Fairpay
FairFX Plc, 2nd Floor, Marc House,, 13-14 Great St. Thomas Apostle, Great London, United Kingdom, EC4V 2BB

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Fairpay

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