The online service Opal Transfer offers international transfers and e-wallet accounts to individuals and businesses. The company was founded in 2003, and since then, it has expanded its services not only to all the European Union but also to other countries outside the EU. 

Opal Transfer provides multicurrency accounts, SWIFT, and SEPA transfers, which can be made via its website, mobile application, or Customer Service Centre. However, if the customer prefers to handle their financial transactions in person, they can visit an Opal Transfer branch in Stanford, United Kingdom.

Opal Transfer carries out transfers within the same day or 24 hours, depending on the country, with no extra cost. Moreover, the online service charges no fee for opening an account, its monthly maintenance, conversion, and deposit methods such as a debit bank card and bank transfers. Withdrawal methods like SEPA and international transfers have a minimum commission of 3GBP and 1%, respectively. Also, P2P transfers come with a 0.5% fee. 

Opal Transfer works with two currencies: EUR and GBP.

In connection with the increase of cyber attacks and scams in the world, the company has taken care of the security and anonymity of its online services. Opal Transfer is regulated in the UK by the Financial Conduct Authority (FCA). It is registered with the UK Information Commissioner’s Office (ICO), an independent body whose main task is overseeing information rights for data protection. Users’ data on the website is encrypted with the SSL protocol, making it secure and anonymous.

Opal Transfer focuses on supporting immigrants and foreigners who live and work in the European Union or run their businesses in the United Kingdom and other EU countries. The expansion of the services to all European countries and fast transfers are aimed at providing immigrants with the opportunity to financially support their families back home by sending them funds earned abroad.