LemFi
LemFi Multi-Currency Account
80/5
Rating
Fees
0%+
First transfer free. Then $0-3 flat fee depending on corridor and payment method.
Exchange Rate
+1.0%
Variable
Speed
Instant
Typical: Same day
Features
- Multi-currency account (hold USD, GBP, CAD, KES)
- First transfer completely free
- Virtual USD and GBP cards
- Receive salary in foreign currency
- Instant M-Pesa payouts
- Bill payment in Kenya from abroad
- Competitive exchange rates
Pros
- Multi-currency account included
- First transfer free
- Competitive exchange rates (~1% markup)
- Virtual cards for online payments
- Good for diaspora receiving foreign salary
- Instant M-Pesa delivery
Cons
- Smaller brand with less recognition
- Limited to USA, UK, Canada corridors
- No cash pickup option
- No web platform (mobile only)
- Customer support can be slow
Send & Receive Methods
Send Methods
Bank transferDebit card
Receive Methods
M-PesaBank account (KES)
Best For
- African diaspora needing multi-currency accounts
- Freelancers receiving foreign payments
- Regular senders wanting low fees
- First-time senders (free first transfer)
- Those needing virtual foreign cards
Transfer Limits
Minimum$10
Maximum$10,000
Regulation
Licensed by FCA (UK), FinCEN (USA)
Available On
iOSAndroid
App ratings: iOS 4.6★ | Android 4.4★