Ireland · Payments & e-money
Currencyfair Limited
CurrencyFair Limited is a private company limited by shares, incorporated in Ireland and based in Dublin. The Central Bank of Ireland authorises it as a payment institution under the European Union (Payment Services) Regulations 2018. For UK residents, accounts are provided by Moorwand Ltd, an electronic money institution authorised by the FCA. The firm belongs to the Zai group, which formed when CurrencyFair merged with Assembly Payments in 2021 with investment from SC Ventures, the ventures unit of Standard Chartered. Its GLEIF record names Standard Chartered PLC as its accounting parent. It offers international money transfers and currency exchange to consumers and small businesses.
Licences and registrations
Held by Currencyfair Limited (LEI 6354005QTKFQZOTBFJ44). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterCentral Bank of IrelandLinked by LEI. Matched by Elucidate to GLEIF on name and country only. | Payment institutionPayment Institution | C57373 | Ireland | Active | 2018-07-11 | — |
|
Search the register ↗ |
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Regulatory status
FSB · global systemically important banks
2025 list
- G-SIB
- Standard Chartered
- Relation
- In a G-SIB groupGLEIF records a G-SIB entity as this legal entity’s ultimate parent. The bucket applies to the group, and membership does not make this entity a bank.
- Bucket
- 1 of 5 · extra capital buffer 1.0% of risk-weighted assets
- On the list since
- 2012
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- CURYIE21XXX head office
- Connection to Swift
- Passive participant (no connection)This BIC is registered for identification only. The institution has no direct connection to the Swift network. Messages and payments reach it through a correspondent bank. The “1” in the eighth character of CURYIE21 marks a passive participant.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2017-05-06
- Last updated
- 2017-05-06
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
Standard Chartered PLC
Firm type
Money remittance
Trades as CurrencyFair
- Ownership
- The firm belongs to the Zai group, and its GLEIF record names Standard Chartered PLC as its direct and ultimate parent for accounting consolidation.
- Direct parent
- Standard Chartered PLC ↗, United Kingdom
- Head office
- One, Central Plaza, Dame Street, D02 K7K5 Dublin 2, Ireland
- Company register
- CRO 469391
- Founders
- Brett Meyers · Jonathan Potter · Sean Barrett · David Christian
Online
- Websites & references
- currencyfair.com ↗
blog.currencyfair.com ↗ consumer and business blog
support.currencyfair.com ↗ support centre
developer.tell.money ↗ Open Banking developer portal, hosted by tell.money
hellozai.com ↗ group (Zai) website
Wikipedia ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗
- Apps
- App Store ↗ · Google Play ↗
Sources · 12 pages consulted
- registers.centralbank.ie/FirmDataPage.aspx?firmReferenceNumber=C57373
- currencyfair.com/trust/regulation
- currencyfair.com/trust/trust-legal-stuff?hsLang=en
- currencyfair.com/about-us
- find-and-update.company-information.service.gov.uk/company/FC032399
- blog.currencyfair.com/consumer/all
- blog.currencyfair.com/consumer/currencyfair-us-launch-instant-10000-international-money-transfers
- blog.currencyfair.com/consumer/currencyfair-appoints-jan-lorenc-as-divisional-ceo
- hellozai.com/blog/the-story-of-zai-a-new-force-in-financial-services
- hellozai.com/blog/shamus-hodgson-appointed-group-ceo-currencyfair-zai
- businesspost.ie/tech/currencyfair-could-be-forced-to-cease-payments-for-a-year-over-alleged-external-frau
- scventures.io/zai-merger-creates-a-new-force-in-financial-services/
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Several models
- Licensed firm it operates under
- Moorwand Ltd, United Kingdom Provides the accounts of UK-resident customers (FCA Reference No 900709)
The Central Bank of Ireland authorises the firm as a payment institution under Regulation 18 of the European Union (Payment Services) Regulations 2018. For UK residents, accounts are provided by Moorwand Ltd, an FCA-authorised firm. In Australia, the firm is a corporate authorised representative of its sister company CurrencyFair Australia Pty Ltd, which holds AFSL 402709.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Central Bank of Ireland Ireland | Payment Services Directive 2 - Institution (authorised payment institution) | C57373 | In its own name | Active | registers.centralbank.ie ↗ |
| Australian Securities and Investments Commission Australia | Corporate Authorised Representative of CurrencyFair Australia Pty Ltd (AFSL 402709) | 00041945000 | As agent | Active | currencyfair.com ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm says it holds customer funds in segregated accounts with its banking partners, separate from its own funds, and applies statutory safeguarding once funds are held to execute a payment.
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It offers bank-to-bank international transfers and currency exchange in more than 20 currencies, including 48-hour fixed rates and a Xero integration for business users.
It serves customers in the EEA under its Irish authorisation, UK residents through accounts provided by Moorwand Ltd, and customers in Australia and the United States, which it re-entered in April 2026.
- Sells to
- Consumers · Small businesses
- Serves customers in 4 countries
- Ireland · United Kingdom · United States · Australia
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Jan Lorenc
CEO (appointed Divisional CEO of CurrencyFair)
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The firm announced that it had re-entered the United States, using open banking to fund transfers of up to USD 10,000.
blog.currencyfair.com ↗ -
Leadership
The firm appointed Jan Lorenc as Divisional CEO. He had previously worked at Nuvei, Banxa, Wirex and TransferMate.
blog.currencyfair.com ↗ -
Other
Business Post reported that the firm's accounts disclosed a regulatory risk that it could be forced to cease payments for a year over alleged external fraud.
businesspost.ie ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- CURYIE21XXX
- How the BIC breaks down
- CURYBank
- IECountry · Ireland
- 21Location · passive
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 6354005QTKFQZOTBFJ44
- LEI record
- View on GLEIF ↗
- Licence no. · EBA-PSD2
- C57373
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate to GLEIF on name and country only.
- Register-entry ID
- aee756df9bf8
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Register licences
- 1 entry on 1 register
- Activities
- Money remittance
- Payment services
- Licensed in
- Ireland
- Country · region
- Ireland · Europe & Central Asia
- FSB G-SIB list
- In a G-SIB group · Standard Chartered list of 2025
- Banking supervision
- Not on the ECB's list of supervised entities as of 2026-07-01
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- Standard Chartered PLC · United KingdomU4LOSYZ7YG4W3S5F2G91 ↗
- FSB G-SIB list
- In a G-SIB group · Standard Chartered bucket 1 · 2025 listGLEIF records a G-SIB entity as this legal entity’s ultimate parent. The bucket applies to the group, and membership does not make this entity a bank.
The Standard Chartered PLC group has 64 institutions in the directory, in 45 countries: 58 hold a BIC and 6 do not.
Including Standard Chartered Bank, Standard Chartered Bank, Standard Chartered Bank, Standard Chartered Bank, Standard Chartered Bank AG.
See the Standard Chartered PLC group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- COLM HOUSE 91 PEMBROKE ROAD BALLSBRIDGE DUBLIN 4 IRELAND
- Operational address
- COLM HOUSE 91 PEMBROKE ROAD BALLSBRIDGE DUBLIN DUBLIN DUBLIN 4 IRELAND
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Debtor agent, creditor agent or an intermediary agent
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>CURYIE21XXX</BICFI>
<LEI>6354005QTKFQZOTBFJ44</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>CURYIE21XXX</BICFI>
<LEI>6354005QTKFQZOTBFJ44</LEI>
<Nm>CURRENCYFAIR LIMITED</Nm>
<PstlAdr>
<TwnNm>DUBLIN</TwnNm>
<Ctry>IE</Ctry>
<AdrLine>COLM HOUSE 91 PEMBROKE ROAD BALLSBRIDGE DUBLIN 4</AdrLine>
</PstlAdr>
</FinInstnId>This BIC is not connected to Swift. Messages reach the institution through a correspondent bank, so it cannot be the instructing or instructed agent.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- EBA PSD2 Register—European Banking Authority (EBA) · register ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: currencyfair.com (official website); Jan Lorenc: blog.currencyfair.com (official website) · original.
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