Jargon Busters

What does ‘Sell Currency’ mean?

The ‘sell currency’ is the currency you will be sending (sell) in exchange for the currency you or your recipient will be receiving (buy). This is the currency that will be replaced by the agreed amount of ‘buy currency’ that you need to transfer.

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.