Swapsy

888 Prospect Street Suite 200, 92037, La Jolla, United States
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4.70
Based on 20 Reviews

5

80.00%

4

15.00%

3

0.00%

2

5.00%

1

0.00%
About Swapsy

Swapsy is a peer-to-peer currency exchange platform that specializes in the exchange of Chinese RMB and US dollars. The platform utilizes popular e-wallets such as WeChat Pay, Alipay, Zelle, and PayPal to facilitate secure and easy fund transfers, with most users receiving their funds within 48 hours and some transactions taking just a few minutes. Swapsy's fees are very competitive, making it a cost-effective alternative to traditional currency exchange services. The platform's focus on amounts less than $2000 further adds to its appeal, making it an ideal choice for individuals looking to exchange smaller amounts of money. Swapsy guarantees the safety of its users' funds and provides a simple-to-use web interface, further adding to the convenience of the platform. The exchange rate provided by Swapsy is fair and does not favor either side, ensuring a level playing field for all users. Overall, Swapsy is a safe, convenient, and cost-effective way to exchange Chinese RMB and US dollars, offering competitive fees and a user-friendly platform. With its focus on smaller amounts and the use of popular e-wallets, Swapsy provides a reliable and efficient service for individuals looking to exchange currencies. Swapsy's commitment to fairness and security ensures that users can make transactions with confidence, making it an attractive option for anyone looking to exchange currencies.

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Devon Loughran
GB

Been using Swapsy since 2019 Been using Swapsy since 2019, works as advertised. Still feel kinda weird about sending money across to complete strangers after all this time, and really only had a couple of issues during the nearly 3 years of using. Overall, more convenient (and cheaper) than going to a bank. Only complaint is the lack of currency options, as my UK expat buddies can't use (Swapsy used to offer CAD, AUD, and GBP if I recall correctly, not sure what happened to them.)

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Mathew Beckman
CN

Fast. Simple. Affordable. A+ This is one of the few easy ways of exchanging money between CNY and USD. It's much easier than using banks and the results are guaranteed if you follow the instructions. Swap credits are easy to buy and priced cheaper than transfer services by banks or PayPal. I've been using this service from time to time for a few years and support has always been fast and helpful. I definitely recommend this service.

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Joe Bullock
GB

Swapsy works great Swapsy works great. The only hang-up are their limitations for transferring funds. Our banks put a lot of limits on Zelle transfers, and Zelle has its own limitations too. We love everything else about this service. We would use it more if we could! We sure want to, but our banks won't let us.

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Henry
TW

Very reliable, just a bit slow Great service and I've never had a problem with it. I just wish Swapsy would let you start a new trade once you've sent money and receipt has been confirmed but you are waiting for your trading partner to send money. Sometimes it can take a few days, and then Zelle might need more days to deposit the money. It also feels a bit punitive to give a 50 credit bonus if you confirm within an hour and 30 credits if you confirm within 8 hours, after you might have been waiting for 2 days already and with time differences you'll probably be asleep when they send it.

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Y L
GB

Works great! I just added Alipay to my China eWallet and wanted to try it out. Since it was my first time, I uploaded the wrong Alipay 2D QR code for receiving money. Swapsy does a good job founding this out (though I'm not sure how, maybe they got notified by the party swapping money with me, or they have some built-in code to catch such dumb mistake by user?) and emailing to remind me of making corrections. Overall, transactions went through smoothly and timely. I've swapped 10+ times on Swapsy, and will certainly do more!

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