There's something you need to know about foreign currency transfers

the foreign currency black hole

Stop us if you’ve heard this one before...

You set up a foreign currency transfer. The money leaves your account. It disappears for days. And then it turns up (significantly reduced) in the recipient’s account.

That’s just how it works right?

But have you ever wondered what happens to your money in that in-between period? Where it goes? Why so much of the money disappears?

what’s going on in the darkness

Let us break it down for you.

Most banks pass your money around a complex and opaque global relationship network to get it from point A to point B - with every hand that touches the money taking a few dollars.

Of course, it’s all lumped together and listed as one fee on your statement.

Yeah. We know. It's expensive.

The FlashFX solution

It's an easy fix, right? Take the middlemen out of the equation and send your money directly. We've done just that and we use secure Ripple distributed ledger technology to enable almost real time transactions.

Giving us unrivalled speed with the same level of security and its much more cost effective. But we don't stop there –

we want you to be in control of the process.

why we’re different

We give the control back to you. Where it should’ve always been.

Here’s how:

We let you track your money every step of the way, from your account to your recipient’s.

(After all, you can track parcels you send by post - so why not your money?)

We let you choose when you’d like your currency to be converted.

Look at past rates. Choose the rate you’d like. And automate the transfer (if you’d like to).

We show you, transparently and clearly, what the costs are (and why).

Nobody else does that. Nobody else puts you in control of your money.

Here’s the rub, though - choosing who you use for your foreign currency transfers?

That is in your control.