How to Exchange Money Without Paying Huge Transaction Fees

How to Exchange Money Without Paying Huge Transaction Fees

If you travel around the world frequently, you would constantly need to exchange your currency for the local currency of the country you’re in. However, this can be a daunting task if you do not know your way around. And even if you do, the transaction fees for the exchange can be ridiculously high in some cases. 

Here's good news! With OhenyPay, you no longer have to worry about high transaction fees. In this article, we will show you how to exchange money without paying huge transaction fees using OhentPay.

Read: Top 5 Apps for Sending Money to Nigeria From Abroad.

The first step.

To exchange currency, you’d first need to download the OhentPay app on your mobile device - the app is available to both IOS and Android device users. 

Download the OhentPay app on your mobile phone, here.

Where can you use OhentPay for currency exchange?

OhentPay is currently available in over 190 countries and you can send, receive & exchange money in over 40 currencies, at the best rates.

Want to send money to your loved ones back home? Download the OhentPay app and create an account for free here.

How to Exchange Money on OhentPay Without Paying Huge Transaction Fees

To exchange money using OhentPay, follow these simple steps below;

  • First, log in to your Ohentpay account on your mobile device.  You can download the OhentPay mobile app on Android and IOS and create an account if you don’t have one yet.
  • From your app dashboard, tap on ‘Exchange’. 
  • Next, select the currency balance that you want to change.  You can do this by tapping on the dropdown icon and then selecting the currency balance. 
  • Then, select the currency that you want to change your balance to. 
  • Once you’ve selected your currencies, tap on 'Continue'.
  • A review screen will then be displayed for you to approve your exchange.
  • And after approving the transaction, your money will automatically be exchanged for the new currency.

Note: You should note that the exchange rate for the exchange that you want to initiate will be displayed underneath (be aware that the rate changes with market price fluctuations).

Read: How to Convert Euros to Naira on OhentPay.

Wrapping Up

If you follow the steps listed above, you should have a seamless, straightforward experience exchanging and transferring your money to any users around the world, using the OhentPay app. 

If you’d like to send money anywhere in the world and you prefer fast transfers at great rates, we recommend the OhentPay money transfer service. Create an account to get started here.

Start your journey to connect beyond borders with OhentPay

OhentPay is registered and regulated by the Financial Conduct Authority (FCA) under the Payment Services Regulations 2017. Firm reference number: 800178. OhentPay is registered as a money service business with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) under registration number M20343943. OhentPay is registered as a money service business with the United States Financial Crimes Enforcement Network (FinCEN) under registration number 31000246878602.

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