FairPay International Money Transfers
FREE International Money Transfer
FairFX has taken its revolutionary approach to foreign exchange to the next level, offering clients the functionality to transfer money abroad with its International Online Payments facility.
Choose a currency and transfer amount.
Register your details and create a FairFX account.
Enter beneficiary details
Confirm your payment method (debit/credit card or bank transfer).
Call our FX traders on the dealing desk on 020 7778 9350 to make a bespoke international transfer.
Clients can transfer money from the UK to any number of beneficiaries (family, friends and a range of commercial enterprises or organisations). The facility offers a simple, transparent and automated approach to making smaller wire transfers more efficient and convenient.
Clients can transfer any amount from our minimum transfer (varies from currency to currency, from around £600) up to our maximum £50,000 - completely FREE.
- Free international transfers at outstanding exchange rates! FairPay offers business level Foreign Exchange rates with no additional fees for the transaction. (But please click here for information about bank fees)
- Competitive online exchange rates - Transfer funds at business level rates of foreign exchange.
- Low minimum transfer size - Transfer from as little as £600.00 (varies by currency)
- Fast and Convenient - All onward payments are processed on the day FairFX receive the cleared funds into our bank account. Onward payments generally take 1-3 business days to pass through the banking system. Beneficiary details are saved on the FairFX system for future use if making repeated payments to the same account.
- Transparent - The rate you see is the rate you get. You always know what you are paying as you see the total cost before confirming your transfer.
- Settlement can be made by debit/credit cards as well as electronic transfer.
- Secure Online Payment Facility - FairFX employs the latest in security and encryption technology to ensure your transactions remain private and secure.
- Available 24 hrs a day, 7 days a week - Set up an online payment at any time of the day.
Who Should Use The FairFX International Transfer Facility?
Based from internal FairFX market research
Fees Payable When You Transfer Money Between Banks
FairFX will not charge you any payment fees/sending fees for your transfer. All costs to the customer are included in the market leading foreign exchange rate offered. FairFX will execute your payment in full and on time, provided you have completed all the necessary information correctly.
When sending money abroad, some correspondent banks/receiving banks will debit additional fees (together with any applicable taxes), and deduct these from the amount they credit to the beneficiary account. This is most prevalent in US Dollars (US$), both into the USA and to other countries, but it can occur in any currency/country combination.
Please also ensure that the account that you are sending money to is in the same currency as the transferred amount (e.g. send US$ to a US$ denominated account) otherwise you will incur additional conversion charges from the recipient bank.
Please note - FairFX has no control over these practices or the costs involved. Accordingly, please check with the receiving bank prior to completing your transfer.
PLEASE NOTE – If you need to transfer money to a currency not covered by FairPay then please contact the dealing desk on 020 7778 9350