Swapbills connects you to people who want to 'buy or sell' currencies at the best rates in a convient, safe and secure manner.
SwapBills is a peer-to-peer currency exchange platform that facilitates the `buying` and `selling` of currencies at the best rates. We process both physical and electronic exchange of currencies across borders. This is how you do a swap(exchange currency with another user on the platform)
Go to the appstore on your phone, download SwapBills, and create an account. Your identity will always be hidden from other users.
Post a listing on the platform using the app so other users can either post counter-rates for you to consider or accept to swap with you at your rate.
Once your listing has been accepted, a customer service personel would contact you for information on how to deliver the money to you.
The app makes it very easy to swap, you get live postings on the go.
We provide a secure and personalized environment for our customers to exchange currencies
– ultimately, giving them more value for their money.
Because swapBills is a peer to peer exchange, ordinary users like you set the exchange rate on swaps with the open market rate as the base, the platform also supports bargaining up/down the rate, so in the end, the rate is completely determined by what the users agree on.
No time in the swap process do u actually engage with other users directly, your profile information is masked on the platform using an alias like `Mercury`. When two people decide to swap, we deliver the money to you hence, absorbing all the risk of you getting robbed during the exchange.
Once your listing is accepted we would contact you for information on delivering the money to you so you dont have to come to our office.
We have installed anti-counterfeiting measures to detect and report to the police when a user presents us with fake currency. We are confident that our users are protected from fake currency at all times.
You can register for notifications when certain currencies are listed for a swap. With this feature, you can track more that 180 currencies at once. This is great for users who swap on a regular basis, like our premium users who what to be notified as soon as a swap is posted
There are two types of swaps, we have the cash swap which we deliver your money to you once u accept a swap, and an electronic swap which involves us transfering the money to your account directly. With both, you dont have to move to get your money,
These are some of the reasons we wake up every morning and go to work.
– Our goal is to remove all barriers in peer to peer forex exchange.
Below we compare our charges with that of the forex-beraux and banks. The figures for the banks and forex bureaux are averages calculated using rates from multiple institutions
Enter an amount below to know how much you would pay if you wanted to swap.
If your question is not answered below, feel free to reach out to us.
It is a peer-to-peer currency exchange platform that facilitates the `buying and selling` of currencies at the best rates. We process both physical and electronic exchange of currencies across borders.
Swapbills does not share your personal information with other users or third parties. When a new currency exchange request is made, we do a background check and make sure the purpose of this request is legal, as allowed by the law before it goes live on the platform. Also, when you create a new listing, we assign you a new alias that other users can identify you with during the swap process. Finally, when an offer has been agreed by both parties - in the case of a physical swap- we deliver the money to both users completely absorbing the risk of loosing your during transit.
The main purpose of SwapBills is to give the best buying or selling rates available in the market, and these rates are listed by other users who have currencies they want to swap. When creating a currency swap, we advise that you put up the best rate as this increases your chances of buying or selling on the platform.
Swapbills is able to receive and send money to people who have agreed on a rate all over the world through many international payment processors including direct bank and swift transfers. Once a buying or selling rate has been agreed, SwapBills steps in to facilitate this transfer across borders, making sure that both parties irrespective of their locations are able to receive their agreed amount.
We built SwapBills for people like us who just wanted a fare rate for foreign currency.
The app makes it very easy to swap, you get live postings on the go.