Currency Fair to target business users with free deal

The idea is to encourage more businesses to join the platform.

"We get a lot of businesses using us and we've never actually really targeted businesses in our marketing and so on. It's always been that businesses come to us, really, through word of mouth," Currency Fair chief executive and co-founder Brett Meyers said.

"We actually thought, 'This year, let's put a bit more effort into letting businesses know about us.'

"We haven't worked out the exact details yet, but it's likely to involve giving some free priority transfers for Irish businesses - those are our same-day transfers that we find businesses want to use more than just the standard, which takes a day generally.

"The plan would be that it's enough (free foreign transfers) to cover what the average business might be looking for in the year.

"Irish businesses should be helping each other export."