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FAQs

HOW IT WORKS

It's so simple!
 
1. Sign up and open a MoneySwap account.

2. Transfer funds via a bank transfer to your MoneySwap account.

3. Swap your money into the currency you want.

4. Transfer your new currency to any bank account from your MoneySwap account.

5. Top-up your foreign currency MoneySwap MasterCard in that same foreign currency with no additional FX charges. Easy to do from your MoneySwap account, the money will be loaded on the card and ready to use within 24 hours.

MoneySwap is an auction market for currencies.

There is an exchange matching fee of £1 per £1,000 matched, or equivalent currency amount. There is a minimum exchange matching fee of £10 and a maximum of £50.

There is a £1 charge to transfer funds to another MoneySwap user account.

There is a flat transfer fee of £10 to transfer funds from your MoneySwap account to another bank account irrespective of where it is in the world.

You can exchange currencies in MoneySwap markets 24 hours a day, 7 days a week. MoneySwap Cards Ltd is registered with HM Revenue and Customs for Money Laundering Regulation. MLR registration number 12294082.

MasterCard® is a registered trademark of MasterCard® international incorporated. Cards are issued by Newcastle Building Society (“NBS”) pursuant to licence by MasterCard International Incorporated. NBS is authorised and regulated by the UK Financial Services Authority as an issuer of electronic money (registration number 156058). NBS subscribes to the Banking Code, copies of the Code are available upon request. Contact card cardsolutions@newcastle.co.uk.
Join Now!

We will put a free £5 into your account when you register & you can do a test trade straight away






Prepaid Cards
The MoneySwap prepaid MasterCard® cards will be available soon

*Please see Prepaid card T's & C's for details