Jargon Busters

What does ‘Buy Currency’ mean?

The ‘buy currency’ is the currency that you wish to transfer out to your recipient or another currency account you hold. As such, it is the currency you are buying using the currency you already have.

CurrencyTransfer provides platform access to an international payment network. All regulated payment services are powered by Payment Partners and full details of the regulatory permissions, the geographical footprint and the company complaints policies can be found here. Any transaction booked via the CurrencyTransfer platform is contracting directly with a clearly identified regulated Payment Partner. Whichever Payment Partner a client may deal with, all client funds remain within the regulated environment throughout the payment lifecycle. CurrencyTransfer does not touch client funds at any point of any transaction.