Peer Transfer

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= international money transfer using p2p 'common pool' principles

URL = http://www.peertransfer.com/


Description

"It is built around the fact that while some individuals and businesses send funds in one direction (for example from the United Kingdom to the United States), others intend to send money just in the opposite direction. By belonging to a common money transfer network powered by peerTransfer, these transactions are netted and effectively money does not need to travel internationally. Compared to using traditional banking, it saves members of the network from international transfer fees and bad exchange rates while guaranteeing the funds transmitted as a regulated financial institution." (http://www.peertransfer.com/what-is)