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.
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.
The service was launched in early 2009.
Transfers out cost about $4 USD.
- CurrencyFair website