A finance partner built for impact
Making international payments as a charity is becoming harder and harder. We exist to keep those lifelines to the frontline open.
We can help you directly with your own FX requirements, so that less of your own money is lost to the system.
But we can also help you indirectly, through the for-profit companies that support you. If these companies use GoodFX for their own FX trades, they can nominate you as the beneficiary of the money we redistribute.
Imagine if all of your corporate partners were onboard, exchanging currency throughout the year to go about their business, and creating a steady stream of additional donations for your charity.
A finance partner built for impact
We’re on a mission to redistribute the profits of banking to bridge the funding gap for charities.
Our clients nominate whichever charity they like. This creates a free way for corporate partners to sponsor your work. And for INGOs it also creates a cash rebate on your banking fees, turning into unrestricted funding.
We also provide general financial guidance for charities and impact funds.
We’re a sounding board for any payment, hedging, or cash disbursement challenges you have, supporting organisations such as Relief International, Save The Children Global Ventures, and the Nithio Impact Fund.
Join these charities currently benefiting from a share of FX profits
Beam Foundation Standing on Giants
Standing on Giants has already enabled thousands of pounds to be donated to the Beam foundation, at no cost to either party.
Encourage your corporate supporters to get in touch today for a free FX Audit on their existing rates to see how much they could save, and how much you could receive.
The fine details
We’ve partnered with GoodStack to support our international donations round the world. As requirements differ for each country, please see this page for full requirements by country.
GoodFX captures the flow of global payments to fund good causes, with a third of the trading profit we receive from your transaction used to fund a charity of your choice, creating on-the-ground impact for local communities.
Our trading profit (or net profit) is calculated as the gross profit we make on the transaction, minus any platform, payment, financing or exceptional transaction fees.
After these deductions, the donation represents roughly 23% of our gross profit, but this may vary with those charges.
Our donations to your preferred charity are enabled by Percent via the Intelligent Foundation (UK Registered Charity Number 1192508; Australian Charities and Not-for-profits Commission, ABN 48156978613). Non-profits should enroll with Percent to receive donations we collect to benefit them. Non-profits signed-up to receive these payments typically receive their money within 90 days of the original donation but payments may be batched together to a minimum threshold of £50. In rare instances where funds cannot be granted to the donor’s recommended cause – such as when the cause fails to meet the due diligence requirements, closes down their operation or does not onboard to receive funds– then we reserve the right to reassign funds to another non-profit.
GoodFX’s default option is to support the Childhood Trust (Registered Charity Number: 1154032) which counters childhood poverty in London, England. For further detail on Percent’s donation policies please refer to their Terms and Conditions.
