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Home/ Questions/Q 881520
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Asked: May 6, 20222022-05-06T06:42:32+01:00 2022-05-06T06:42:32+01:00In: Business & Finance

How do I Send In money to my CurrencyFair account?

Anonymous
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How do I Send In money to my CurrencyFair account?
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How do I Send In money to my CurrencyFair account? 

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  1. admin Enlightened
    2022-05-06T06:46:14+01:00Added an answer on May 6, 2022 at 6:46 am

    When you have completed the registration process and verified your personal or company information, you can send in money to your CurrencyFair account through your online banking. You just have to make sure to use your unique CurrencyFair ID so that ensure your funds can be applied to your wallet as quickly as possible. Click here for more information on Sending In Money.

    To proceed, you will have to log in to your account and choose the best option for you:

    • Create a Send Money
    • Create a Top Up

    Create a Send Money

    If you choose to “Send Money”, this means you need to send money to your CurrencyFair account. We will automatically exchange and transfer the money out when it arrives. You should be aware that the exchange rate can go up or down between the time you set up the transaction and when the money arrives in your CurrencyFair account and the exchange occurs. If you are looking to exchange and transfer out an exact amount, we would recommend using the Top-Up option.

    • Select “Send Money”.
    • Enter the amount and choose the currency that you intend to send in and the currency that you wish to exchange and transfer.
    • Provide any personal details or documentation that may be required.
    • Next, choose the bank account that you would like the funds to be transferred.
    • You then need to choose your deposit method. Depending on the currency and amount of your transaction, you will have a choice of options for sending your money into CurrencyFair. All customers can send in money to their CurrencyFair account by bank transfer. 
    • If bank transfer is the only deposit method available, we’ll automatically present you with the specific bank details in order to send your money to CurrencyFair. Make sure to enter your unique CurrencyFair reference presented on the screen when instructing your payment from your nominated bank account. This helps us match your money to your account without delay.
    • Send your money to CurrencyFair.
    • We’ll exchange your funds for you at the best available rate.
    • The funds will then be transferred to the recipient you have selected.
    • We’ll send you an email to notify you that your Send Money has been processed.
    • Please note this will auto-expire in 14 days.

    Create a Top Up

    Choosing this option allows you to keep your money in your CurrencyFair account until you want to exchange it.

    • Select “Top Up”
    • Enter the amount, and choose the currency that you intend to send to CurrencyFair.
    • Provide any personal details or documentation that may be required.
    • You then need to choose your deposit method. Depending on the currency and amount of your transaction, you will have a choice of options for sending your money into CurrencyFair. All customers can send in money to their CurrencyFair account by bank transfer. 
    • If bank transfer is the only deposit method available, we’ll automatically present you with the specific bank details to which you can send your money. Make sure to enter your unique CurrencyFair reference presented on the screen when instructing your payment from your nominated bank account. This helps us match your money to your account without delay.
    • Log into your online banking portal separately from CurrencyFair to instruct your payment to CurrencyFair.
    • We’ll send you an email to notify you that your money has been credited to your account.

    Things to note
    The time it takes for your money to arrive varies depending on the banks and currencies involved. You can find more information on their Process Times page.

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