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Currenxie (UK) Ltd
Currenxie (UK) Ltd
(4.2)
Great
(3.8)
Entity type
Electronic Money Institution
Client type
Personal/Business
License
901010
Country
United Kingdom
Year
"2014"
Employee Count
11-50
Services
Total Score
Great
(3.8)
About Currenxie (UK) Ltd
Currenxie (UK) Ltd is an electronic money institution focused on providing global business accounts. Currenxie (UK) Ltd offers business accounts with IBAN, business payment cards, foreign exchange to small-and-medium-sized businesses, large corporates, marketplaces, sole traders, freelancers. In 2019 Currenxie (UK) Ltd had total assets of 501,241.00 GBP. Incorporated in the United Kingdom, Currenxie (UK) Ltd is authorized and regulated by the Financial Conduct Authority.
Pricing
Setup Fee
0 EUR
Monthly Maintenance Fee
0 EUR
SEPA Incoming
0.6 EUR
SEPA Outgoing
2.75 EUR
SWIFT Incoming
7 EUR
SWIFT Outgoing
7 EUR
Faster Payments Incoming
0.6 EUR
Faster Payment Outgoing
2.75 EUR
FX Fee
Currency
EUR
(Euro)
USD
(United States dollar)
AUD
(Australian dollar)
GBP
(British pound)
CAD
(Canadian dollar)
CNY
(Chinese yuan)
JPY
(Japanese yen)
MXN
(Mexican peso)
Additional Information
small-and-medium-sized businesses, large corporates, marketplaces, sole traders, freelancers
Trustpilot reviews
The review process is great and fast
The review process is great and fast, with no complication after providing all the documents, transferring seems fast but time will tell and just used it for one day.
Not for US corporations
I must say that level of Currenxie's security is top-notch, considering the process of verification (plus star for this), and that's the main problem (description below). Website's help center does not show (or at least I could not find it, if I'll be addressed to it I'll change this review to a positive one with my apologies) what countries of incorporation are not supported and only states that ''We welcome most types of businesses'' and only shows the restricted countries for sending and receiving payments. Considering lack of this information it was my understanding that at least uploaded documents will be accepted for verification. After submitting all information for personal verification, we have a menu that lets you choose the country of incorporation. And what you know? After choosing United States we just getting a message that we can not onboard entities that are registered in the US. At least put in the help center information about jurisdictions which you do not accept for submitting or change the steps of verification: first checking company's info and personal info after, so people at least won't waste time for unnecessary checking.
Asking for a lot of information
Asking for a lot of information, the compliance process is going forever. After that, they will decline your application without providing a reason. Waste of time. Update: That's not true. I've provided address proof (bank statement from the personal bank that indicates my address in UAE), however, I wasn't approved and I asked why - got no response. I spent over an hour with you and you don't have a minute to give a proper answer why the application was not approved. You are also trying to delete the review from Trustpilot: a lot of negative reviews have already been deleted, I hope Trustpilot won't delete mine. Update: I applied to you with UK LLP and provided a personal bank statement as well. However, it has been declined without asking for any further information after 5 days of "checking".
Best company i've used for this kind of…
Best company i've used for this kind of service! I am amazed. Going to use this service forever! Cheap, simple and amazing!
Since when did you start charging percentage fee please?
We have been using Currenxie for a while, and is satisfied with the service. However they started charging percentage fee when receiving money without any written notice. Since when did you start charging percentage fee please?
Receiving payment so slow recently
Receiving payment so slow recently
Using this service for about a year and…
Using this service for about a year and so far happy with it. Does what it says. Can recommend it.
Finscanner is an independent digital platform aiming to provide up-to-date access to worldwide financial services to improve customer experience and boost transactions.
On this page, you can see a detailed review of Currenxie (UK) Ltd Payment systems with reviews from real users and our experts. Currenxie (UK) Ltd provides the following services: Acquiring, API integration, Card Programs, Card providers, Debit cards, Debit cards (virtual), Exchanges, SEPA Transactions, SWIFT Transactions, Wallets, Faster payments.
At the moment, Currenxie (UK) Ltd rating on Finscanner is 3.8 and on Trustpilot is 4.2.
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