The End of Copy-Pasting IBANs: Say Hello to Express Deposits

Written by CurrencyFair | Aug 07, 2026

Move up to £100k or €125k in a few taps with our new Open Banking integration.

Moving money around the world should feel like celebrating a major milestone, not doing tedious homework. But if you’ve ever found yourself nervously staring at a 22-digit IBAN, double-checking every character for the fifth time and praying you didn’t misplace a zero, you know the exact brand of stress we’re talking about.

Consider that headache officially cured.

We’ve joined forces with Plaid, a global powerhouse in financial tech, to roll out Express Deposits for GBP and EUR transfers. It’s hands-down the fastest, slickest way to fund your CurrencyFair account straight from your mobile banking app. No manual data entry required.

Why switch to Express Deposits?

Think of Express Deposits as the fast pass for your transfers. Powered by secure Open Banking technology, it links your bank directly to CurrencyFair in a couple of taps:

  • Zero Typos, Zero Stress: Your reference codes and bank details fill in automatically. No copying, no pasting, and zero chance of fat-fingering a number.
  • Simple Approvals: You approve the transfer inside your own trusted banking app using FaceID or TouchID.
  • Bank-Grade Encryption: Plaid acts as a secure, private bridge. We never see, touch, or store your online banking login details.
  • Built for Big Milestones: Securing a foreign property deposit or settling international tuition? Move up to £100,000 or €125,000 per transaction with zero fuss.
  • No Extra Fee Markups: It’s completely free of extra CurrencyFair fees, helping you keep even more of your money where it belongs—with you.

How to speed-run your next transfer:

  • Set Your Amount: Head to the CurrencyFair calculator and enter your GBP or EUR transfer.
  • Select ‘Express Deposit’: Choose it as your preferred funding method.
  • Pick Your Bank: Find your institution on the secure Plaid menu.
  • Tap to Approve: You’ll safely jump to your own banking app to log in and authorize the deposit.

That’s literally it. Your funds land safely in your CurrencyFair account, and we get straight to work moving your money at bank-beating rates.