Currency Exchange
Click Currency exchange in the navigation bar to exchange funds between different currency accounts held under your TWPayz Business Account. For example, you can move GBP into a EUR account at a live rate.
How It Works
You specify the amount to exchange, the currency you are selling, and the currency you want to receive. A live exchange rate is shown. When you confirm within the time window, the rate is locked and the exchange completes immediately.
Exchange Fields
| Field | What to enter |
|---|---|
| From | Select the source currency account — the account you want to exchange from (sell). Your current balance in that currency is displayed. |
| Amount | Enter the amount you want to exchange. The amount is deducted from the source account. |
| To | Select the target currency account — the account you want to receive funds into (buy). |
Completing an Exchange
- 1Select your source account, enter the amount, and select the target account.
- 2The live exchange rate and the estimated amount you will receive are shown in real time. Rates update continuously.
- 3Click Continue. A review screen appears with a countdown timer. You typically have around 30 seconds to confirm at the displayed rate.
- 4Click Confirm before the timer expires. If the timer runs out, you will need to return to the previous screen and get a fresh rate.
- 5The exchange is processed immediately. The source account is debited and the target account is credited. Both transactions appear in your History.
Exchange rates fluctuate throughout the day based on market conditions. If the rate shown is not favourable, you can decline and try again at a different time. TWPayz does not guarantee any particular exchange rate.