Our aim is to bring the cost of foreign exchange down by focusing on innovative and ground breaking technology in the cash currency and international payments space. In 2020 we became the first company in the UK to offer travellers access to the live interbank exchange rate before they transact with us on their currency purchases. We want to continue to offer more savings and clarity to all our members when it comes to their foreign exchange requirements whilst providing a secure, efficient and consistent service.
experience in the retail foreign exchange market
worth of foreign exchange*
ranked out of 96 on
Review Centre
satisfied customers
Ranked 1st of 96 on Review Centre
The Currency Club is a trading division of Sterling Consortium Ltd operating in the heart of London. We safeguard client money with segregated client accounts held with Lloyds Bank. We are registered with the FCA under the Payment Services Directive.
Our England and Wales company number: 05850613
Sterling Consortium Limited is authorised and regulated by the Financial Conduct Authority as an Authorised Payments Institution
(API Firm reference number 987941).
Furthermore, we are governed by HM Revenue and Customs as a Money Service Business
(MSB registration no. 12120971).
Ranked 1st of 96
Speed of service
Customer Service
Value for money
Our people set us apart. As experts in our field, we work closely together to get the best results for our clients. We look after global businesses across various sectors and adapt strategies to add value to the bottom line. We are a passionate group of people that work hard to deliver powerful currency solutions that make a difference.
We are an established financial technology company and we own our technology which means we can easily create bespoke solutions for our clients. Our process is to keep enhancing and tweaking our cutting edge platform across a range of products to offer best execution. We stay focused on maximising an effective hedging strategy whilst minimising any associated costs.
We are not fee driven brokers . Our working culture is based on integrity and we work tirelessly for our clients. If we feel that your business does not require our consultancy services we will honestly tell you. Many of our clients simply use our execution only platform which meets their requirements perfectly.
We choose to work with businesses that we feel we can add value to and make an impact. Many of our customers have been referred to us and we are proud of the portfolio of clients we have built to date.
With the ability to send and receive payments in 100 currencies, businesses trust us to move money seamlessly across borders. We have made sending money internationally quick and easy whilst keeping costs down. Likewise, we are responsible for partial or even the complete implementation of a risk strategy for a business and we manage this knowledge of your business dealings in the strictest of confidence.
Our online platform was built by us and is owned by us which means that we are completely in control when it comes to offering our clients an easy to use interface. efficiency. speed and security when it comes to sending money abroad. Make use of our clever dashboard tools to mitigate any exposures you may face.
We want to save your business time, energy and money. Our completely transparent model means no hidden fees. We have an up front fixed fee model that is based on your company requirements and profile. This means that any time you transfer you know exactly what will be charged from our end.
Every business is only as good as it's people and we have invested heavily in a knowledgeable team of individuals who understand business and want to implement clever cost cutting solutions. Our on demand service means you can place your international payments online 24/7 or call into our dealing desk.
With over 30 years in this sector we live and breath the foreign currency markets. We are genuinely interested in learning about businesses and understanding individual requirements. Every person within our organisation is dedicated to finding solutions to protect a client's bottom line and offer the best execution.
Meera Thakkar
Chief Executive Officer
& Co
founder
Meera co founded The Currency Club in 2010. Meera comes from an investment banking background and previously worked in the alternative investments space raising capital for hedge funds in the Benelux region. Prior to this, she worked at Morgan Stanley and UBS in the Wealth Management division managing family offices and high net worth clients with both their investment requirements. She graduated from the University of Southampton in Economics and Politics.
Sam Thakkar
Chief Operations Officer & Co
founder
Sam co founded The Currency Club in 2010 with the idea of building a transparent, secure and easy to use foreign exchange platform for individuals and international businesses to access from anywhere in the world. Prior to this, Sam worked for HiFX focusing on hedging and risk management solutions for businesses. Sam graduated from Southampton University in Actuarial Sciences and Economics.
Vasanth Prabu
Chief Technology Officer
Vasanth Prabu joined The Currency Club back in 2012. He heads up our tech team and builds highly scalable, reliable and secure applications that support our network of foreign exchange platforms. Vasanth has more than 15 years of work experience in IT industry and previously worked with many leading service providers including CMC Markets, Siemens Energy Services, Oracle Corporation and Genisys Integrating System.
The Currency Club was Founded
August
2010
The Currency Club platform goes live with a
unique rate optimiser tool offering greater
transparency to the
consumer.
October
2010
Experian is appointed by The Currency Club
to
support online identity verification.
August
2010
The Currency Club offers free delivery on all
currency orders
November
2010
The Currency Club becomes Official Supplier
to
The PA Club
January
2011
The Currency Club Becomes CityJet's Chosen
Travel Money Supplier
March
2011
The Currency Club partners up with Robert
Walters PLC
April
2011
The Currency Club Secures Coveted Foreign
Exchange Supplier Position on Xexec.
June
2011
The Currency Club is recommended as a good
FX
provider in the Which? magazine
October
2011
Our full automated currency buy back
service goes live
January
2012
Ascent Resources plc chooses The Currency
Club as
a Foreign Exchange Provider
June
2012
New website launch of The Currency Club
July
2012
World First Partners up with The
Currency Club
August
2012
The Currency Club Signs Up Travelpack, one of
the
UK's largest independent travel companies
July
2012
World First Partners up with The
Currency Club.
November
2012
Travel Center UK Signs Up with The
Currency Club
February
2013
FC Exchange teams up with The
Currency Club.
October
2013
The Currency Club welcomes Air New
Zealand as
its newest affiliate member.
November
2013
The Currency Club partners with Disabled
Holiday Directory as their chosen travel
money provider.
June
2014
The Currency Club was voted for by customers
to be included on Money Saving Expert.
November
2014
The Currency Club's Buy Back service is
featured in the Daily Mail
April
2015
First billboard campaign on M40
Birmingham to
London route.
June
2015
The Sunday Times Travel team features
The Currency Club as a go to foreign
exchange online provider
June
2015
The Currency Club launches its explainer video
December
2015
The Currency Club supports the Rickshaw Run
with one of co founders heading up the team
to raise money for Against Malaria Foundation.
February
2016
The Currency Club launches its first white
label
solution for Sterling FX
March
2016
Click and Collect service goes live on our
white label platform
April
2016
Second billboard campaign on M40
#summer16 London to Birmingham route
April
2016
Sam Thakkar interviewed by for his views
on Brexit and its impact
June
2016
The Currency Club recognised by the Guardian
travel team
November
2016
The Currency Club launch the central London
office deliveries
November
2016
The Currency Club wins Bronze award for
Best Travel Money provider at the British
Travel Awards 2016
August
2017
The Currency Club supports Habitat for
Humanity in Malawi as one of our co founder
heads out onsite to help build shelters
January
2019
The Currency Club is nominated as finalist
Jan in the British Bank Awards 2019 for
Best Travel Money provider
August
2019
The Currency Club launches a white label
solution for Rapid Travel Money
January
2020
The Currency Club is nominated as a finalist
Jan in the British Bank Awards 2020 for Best
FX provider
March
2020
International payments service goes live -
fully
transparent pricing model
March
2020
Fully transparent pricing offered to travel
money online - only provider in the market
to do adopt this model
March
2020
The Currency Club launches a fully transparent
foreign exchange service offering customers
direct access to the interbank exchange rate
before confirming their transactions.
No more hidden fees
We are pleased to announce that, starting from 16-Sep-2024, our international payments service for corporate clients will be managed by our sister company, Sterling FX. The Currency Club platform will now focus more on private clients, while Sterling FX will continue to cater to institutional business needs.
Please note that, aside from being redirected to the Sterling FX website, the following will remain unchanged:
You can continue to log in using your existing credentials.
You will continue to work with the same points of contact. All our team members are being retained in their current roles.
The agreed fixed margins on your account will remain the same.
The services we have provided to you thus far will continue to be offered by Sterling FX. The only differences will be slight changes to the interface, such as the website, logo, and color scheme.
We are excited to continue doing business with you and greatly appreciate your ongoing partnership.
As always should you have any questions, please feel free to get in touch on +44(0) 207 723 7000.
We are pleased to announce that, starting from 16-Sep-2024, our international payments service for corporate clients will be managed by our sister company, Sterling FX. The Currency Club platform will now focus more on private clients, while Sterling FX will continue to cater to institutional business needs.
Please note that, aside from being redirected to the Sterling FX website, the following will remain unchanged:
You can continue to log in using your existing credentials.
You will continue to work with the same points of contact. All our team members are being retained in their current roles.
The agreed fixed margins on your account will remain the same.
The services we have provided to you thus far will continue to be offered by Sterling FX. The only differences will be slight changes to the interface, such as the website, logo, and color scheme.
We are excited to continue doing business with you and greatly appreciate your ongoing partnership.
As always should you have any questions, please feel free to get in touch on +44(0) 207 723 7000.
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