Running a business that trades internationally means more than just moving goods across borders, it means moving money efficiently, too. For Sombol Safety, a UK-based distributor of gas detection sensors, managing global payments was once one of the most expensive and time-consuming parts of doing business.

Sombol Safety supplies gas detection sensors to system integrators and manufacturers across Europe, working closely with suppliers in the USA and China. As the exclusive distributor for SemeaTech electrochemical sensors in Europe, the company brings innovative gas safety solutions to industries including Oil & Gas, Water Utilities, Food and Beverage and Mining.

But while their business expanded internationally, their banking setup didn’t. Traditional bank transfers were slow, costly, and unpredictable. Every transaction meant lost time and unnecessary fees.

“As exchange rates became more important to our small business, poor rates and multiple bank fees made it clear we needed a better solution,” the Sombol Safety team explained.

That solution came through a trusted introduction. One of their customers in Ireland used CurrencyFair to pay them, and the difference was immediate, faster transfer speeds, fairer exchange rates, and a transparent process from start to finish.

“I visited the CurrencyFair website and found it very intuitive to use,” they said. “The rates and transfer speed were a big improvement from what we’d experienced previously.”

What started as a single transaction soon became a complete shift in how Sombol Safety managed its cross-border payments. They’ve now been using CurrencyFair for around five years to pay suppliers in USD and move funds between GBP and USD accounts, all while saving significantly compared to traditional banking.

“CurrencyFair has proven to be reliable and trustworthy over the last few years, saving us significantly on bank charges and poor transfer rates,” they shared.

For Sombol Safety, CurrencyFair isn’t just a platform, it’s a partner that helps them trade internationally with confidence. With bank beating rates on currency exchange, transparent fees, and a simple online platform, CurrencyFair makes global business easier, faster, and fairer.

“It’s the partners who support you when you’re small that you remember and stay loyal to as you grow,” they added.

At CurrencyFair, we’re proud to support businesses like Sombol Safety as they grow, trade, and expand across borders. Whether you’re paying suppliers, managing overseas payroll, or collecting payments from international clients, we make it easy to transfer money overseas at great rates, saving you time and money on every transaction.