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An e-commerce business allowing payments and money transfers to be made through the Internet.
An e-commerce business allowing payments and money transfers to be made through the Internet.


CurrencyFair can convert funds added from your bank account to a growing number of foreign currencies.  The covnerted funds can then be transferred to a beneficiary account that you specify.
CurrencyFair can convert funds added from your bank account to a growing number of foreign currencies.  The converted funds can then be transferred to a beneficiary account that you specify.


The service is available for both individuals and businesses.
The service is available for both individuals and businesses.
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This ability to send directly to the recipient's bank will likely make CurrencyFair a preferred method that will allow those purchasing bitcoins through a person-to-person marketplace, such as the [[Bitcoin-otc]] marketplace, to transact internationally.
This ability to send directly to the recipient's bank will likely make CurrencyFair a preferred method that will allow those purchasing bitcoins through a person-to-person marketplace, such as the [[Bitcoin-otc]] marketplace, to transact internationally.


The service was launched in early 2009<ref>[http://www.crunchbase.com/company/currencyfair Currency Fair profile on CrunchBase]</ref>.
Certain exchanges, such as [[MtGox|Mt. Gox]], may place restrictions on incoming bank transfers such that the name on the sender's account must be the same as name for the destination account at the exchange.
 
The service was launched in early 2009<ref>[http://www.crunchbase.com/company/currencyfair Currency Fair profile on CrunchBase]</ref>. In 2010 a bitcoin community member contacted the service to request that the service add Bitcoin as one of the currencies supported though it does not appear that the organization has any plans to do so<ref>[http://bitcointalk.org/?topic=1459.0 Currency Fair]</ref>.
 
Bitcoin Money blog covered CurrencyFair in July, 2011<ref>[http://www.bitcoinmoney.com/post/7259588518 CurrencyFair: Bitcoin’s Arbitrage Helper]</ref>.
 
==Currencies==
 
===Europe===
 
{| class="wikitable"
|-
| Country name || Currency || Symbol || Notes / Alternate
|-
| Austria (AUT) || Euro || EUR || Euros
|-
| Belgium (BEL) || Euro || EUR || Euros
|-
| Cyprus (CYP) || Euro || EUR || Euros
|-
| Denmark (DNK) || Danish krone || DKK || Danish kroner
|-
| Estonia (Est) || Euro || EUR || Euros
|-
| Finland (FIN) || Euro || EUR || Euros
|-
| France (FRA) || Euro || EUR || Euros
|-
| Germany (DEU) || Euro || EUR || Euros
|-
| Greece (GRC) || Euro || EUR || Euros
|-
| Hungary (HUN) || Hungarian forint || HUF || Hungarian forints
|-
| Ireland (IRL) || Euro || EUR || Euros
|-
| Italy (ITA) || Euro || EUR || Euros
|-
| Netherlands (NLD) || Euro || EUR || Euros
|-
| Norway (NOR) || Norwegian krone || NOK || Norwegian kroner (or kronor)
|-
| Poland (POL) || Polish zloty || PLN || Polish zlotys
|-
| Portugal (PRT) || Euro || EUR || Euros
|-
| Slovenia (SVN) || Euro || EUR || Euros
|-
| Spain (ESP) || Euro || EUR || Euros
|-
| Sweden (SWE) || Swedish krona || SEK || Swedish kronor
|-
| Switzerland (CHE) || Swiss franc || CHF || Swiss francs
|-
| United Kingdom (GBR) || British sterling pound || GBP || British sterling pounds
|}
 
===Middle East===
 
{| class="wikitable"
|-
| Country name || Currency || Symbol || Notes / Alternate
|-
| United Arab Emirates (UAE) || UAE dirham || AED || UAE darahim (or dirhams)
|}
 
===Africa===
 
{| class="wikitable"
|-
| Country name || Currency || Symbol || Notes / Alternate
|-
| South Africa (ZAF) || South African rand || ZAR ||
|}
 
===Asia===
 
{| class="wikitable"
|-
| Country name || Currency || Symbol || Notes / Alternate
|-
| Hong Kong (HKG) || Hong Kong dollar || HKD || Hong Kong dollars
|-
| Singapore (SGP) || Singapore dollar || SGD || Singapore dollars
|}
 
===North America===
 
{| class="wikitable"
|-
| Country name || Currency || Symbol || Notes / Alternate
|-
| Canada (CAN) || Canadian dollar || CAD || Canadian dollars
|-
| United States (USA) || U.S. dollar || USD || U.S. Dollars
|}
 
===Central and South America===
 
None
 
===Oceania===
 
{| class="wikitable"
|-
| Country name || Currency || Symbol || Notes / Alternate
|-
| Australia (AUS) || Australian dollar || AUD || Australian dollars
|-
| New Zealand (NZL) || New Zealand dollar || NZD || New Zealand dollars
|}
 


==Fees==
==Fees==


Transfers out cost about $4 USD.
Transfers out cost €3 EUR (or about $4 USD).


==See Also==
==See Also==
Line 23: Line 134:
==External Links==
==External Links==
* [http://www.currencyfair.com CurrencyFair] website
* [http://www.currencyfair.com CurrencyFair] website
==References==
<references />


[[Category:Money transmitters]]
[[Category:Money transmitters]]

Latest revision as of 01:46, 10 June 2019

An e-commerce business allowing payments and money transfers to be made through the Internet.

CurrencyFair can convert funds added from your bank account to a growing number of foreign currencies. The converted funds can then be transferred to a beneficiary account that you specify.

The service is available for both individuals and businesses.

This ability to send directly to the recipient's bank will likely make CurrencyFair a preferred method that will allow those purchasing bitcoins through a person-to-person marketplace, such as the Bitcoin-otc marketplace, to transact internationally.

Certain exchanges, such as Mt. Gox, may place restrictions on incoming bank transfers such that the name on the sender's account must be the same as name for the destination account at the exchange.

The service was launched in early 2009[1]. In 2010 a bitcoin community member contacted the service to request that the service add Bitcoin as one of the currencies supported though it does not appear that the organization has any plans to do so[2].

Bitcoin Money blog covered CurrencyFair in July, 2011[3].

Currencies

Europe

Country name Currency Symbol Notes / Alternate
Austria (AUT) Euro EUR Euros
Belgium (BEL) Euro EUR Euros
Cyprus (CYP) Euro EUR Euros
Denmark (DNK) Danish krone DKK Danish kroner
Estonia (Est) Euro EUR Euros
Finland (FIN) Euro EUR Euros
France (FRA) Euro EUR Euros
Germany (DEU) Euro EUR Euros
Greece (GRC) Euro EUR Euros
Hungary (HUN) Hungarian forint HUF Hungarian forints
Ireland (IRL) Euro EUR Euros
Italy (ITA) Euro EUR Euros
Netherlands (NLD) Euro EUR Euros
Norway (NOR) Norwegian krone NOK Norwegian kroner (or kronor)
Poland (POL) Polish zloty PLN Polish zlotys
Portugal (PRT) Euro EUR Euros
Slovenia (SVN) Euro EUR Euros
Spain (ESP) Euro EUR Euros
Sweden (SWE) Swedish krona SEK Swedish kronor
Switzerland (CHE) Swiss franc CHF Swiss francs
United Kingdom (GBR) British sterling pound GBP British sterling pounds

Middle East

Country name Currency Symbol Notes / Alternate
United Arab Emirates (UAE) UAE dirham AED UAE darahim (or dirhams)

Africa

Country name Currency Symbol Notes / Alternate
South Africa (ZAF) South African rand ZAR

Asia

Country name Currency Symbol Notes / Alternate
Hong Kong (HKG) Hong Kong dollar HKD Hong Kong dollars
Singapore (SGP) Singapore dollar SGD Singapore dollars

North America

Country name Currency Symbol Notes / Alternate
Canada (CAN) Canadian dollar CAD Canadian dollars
United States (USA) U.S. dollar USD U.S. Dollars

Central and South America

None

Oceania

Country name Currency Symbol Notes / Alternate
Australia (AUS) Australian dollar AUD Australian dollars
New Zealand (NZL) New Zealand dollar NZD New Zealand dollars


Fees

Transfers out cost €3 EUR (or about $4 USD).

See Also

External Links

References

  1. ↑ Currency Fair profile on CrunchBase
  2. ↑ Currency Fair
  3. ↑ CurrencyFair: Bitcoin’s Arbitrage Helper
Retrieved from "https://en.bitcoin.it/w/index.php?title=CurrencyFair&oldid=66510"