Currency Transfers

The Financial Conduct Authority (FCA) has released guidance highlighting its expectations around levels of transparency from firms that offer international money transfers.  Opaque international payment quotes The FCA’s recent review of international money and cross-border payment services revealed significant discrepancies in the ways that firms disclose costs to their customers.  Now that the Consumer Duty […]

A reader asks: I have moved from the UK to be part of the greater EU. I have Residency in Estonia. I have sold my house in England, the money sits in my UK savings account. What is the best most efficient way to transfer to my GB£ to my local Euro bank account? Transfer

Revolut is changing its weekend FX fee schedule a move that’s good news for some customers, but not for others. In a move that could shake up weekend currency conversion services, leading fintech Revolut has unveiled a new fee structure, that significantly reduces FX costs for its premium customers. The changes, which take effect from

If you are looking to buy Canadian Dollars (CAD) you are best off using a safe and established currency broker which offers a fair exchange rate, regardless of how Canada’s trade tussle with the US will turn out. Ideally, the currency exchange service you use should stick to the midmarket or interbank rate – the

HSBC is preparing to scrap its new international payments app Zing, launched a year ago to rival Wise and Revolut, after struggling to implement compliance processes for the service. Financial News reported yesterday that the bank was planning to inform employees that it has decided to close down the app. As of Thursday 23 January,

The pound-to-Swedish Krona forecast is an indication of where technical and fundamental analysts think the GBPSEK price may be in the future. You can use these exchange rate forecasts to help you decide if now is the right time to buy the Swedish Krona, or if you should wait until the price improves. GBPSEK Price

The pound-to-Krone forecast is an indication of where technical and fundamental analysts think the GBPNOK price may be in the future. You can use these exchange rate forecasts to help you decide if now is the right time to buy the Norwegian Krone, or if you should wait until the price improves. GBPNOK Price 1

The pound-to-New Zealand Dollar forecast is an indication of where technical and fundamental analysts think the GBPNZD price may be in the future. You can use these exchange rate forecasts to help you decide if now is the right time to buy the New Zealand Dollars, or if you should wait until the price improves.