about us
how do we offer such good rates?
FairFX has taken a revolutionary approach to the whole foreign exchange market for both individuals and businesses. We cut out the middle man and use state of the art technology to execute your orders and get your money to you.
By eliminating expensive Travel Money bureaus and kiosks, we can provide fantastically priced Travel Money in a highly convenient fashion. We provide our customers with great value for money by offering the best available rates.
what we do
FairFX Plc is based in the City of London and provides you with the best value Travel Money around.
We offer a great service using state of the art technology and by cutting out the middle man. To buy your Travel Money, you simply buy online (using any Debit Card or Credit Card or by internet bank transfer) and then tell us how you want to get your currency.
- FairFX Currency Card (Chip and PIN Prepaid MasterCard® Card)
- Delivered to your home (free for purchases over £500)
- Paid to your foreign currency bank account
FairFX has been established to give you, the consumer, the ability to get Fair FX ... Fair Foreign Exchange. Why pay up to 8% more at the Airport and up to 5% more on the High Street. Buy with FairFX and get a Fair Deal.
who we are
FairFX has been established by a group of people committed to giving the consumer a fair deal. The business is owned by experienced private investors and its Directors. All FairFX Directors are substantial investors in the Company. FairFX is a Public Limited Company and has a Money Service Provider Licence issued by HMRC (Her Majesty's Revenue and Customs).
Chief Executive: Stephen Heath (Age 49)
Stephen Heath is a Chartered Accountant and a registered individual with the FSA. His career has been spent with Morgan Stanley for 11 years and then most recently in successful businesses in the Financial and Property sectors in the UK and South Africa in both of which he was a major shareholder. These businesses continue to thrive.
Chief Operating Officer: Ian Strafford-Taylor (Age 47)
Ian is a Chartered Accountant. His career has been spent with both Morgan Stanley and UBS where he was Global Head of Securities Borrowing and Lending, Treasurer and European Head of Treasury Products including FX Trading and Forwards.
Head of Risk and Compliance: Russell Jones (Age 55)
Russell Jones joins us from RBS WorldPay, the internet payments aggregator, where he was Head of Risk for six years. He brings a wealth of experience covering antifraud, credit, money laundering and compliance issues. Prior to Worldpay, Russell held a number of senior Risk roles with NTL and WorldCom in the telecoms sector.
Internet, Marketing and PR: Jason Drummond (Age 38)
Jason Drummond is an internet and technology entrepreneur who has successfully listed several businesses in the internet and technology sector on AIM (part of the London Stock Exchange). These include Virtual Internet, Nettworx and Coms Corp.
IT: Jules Bean (Age 30)
Jules Bean is a software engineer and Head of IT at FairFX. His experience is with a number of Internet companies. He has a PhD in Computer Science.
our partners
FairFX has partnered with substantial entities in many fields:
| Bankers | |
| Internet Merchant Accounts | ![]() |
| Lawyers | |
| Auditors | |
| Data Centre/Hardware | |
| Currency Card |
© Copyright 2007-8 FairFX Plc - registered company number 05539698
The FairFX Card is issued by Newcastle Building Society pursuant to licence by MasterCard International Incorporated. Newcastle Building Society is authorised and regulated by the Financial Services Authority and is entered in the Financial Services Authority Register www.fsa.gov.uk/register under Registration No. 156058. Email: cardsolutions@newcastle.co.uk


