Currency Transfers

Currency hedging is a strategy used to reduce your exposure to adverse foreign exchange price moves. There are different types of currency hedging strategies that can be active or passive and include currency forward contracts, options and derivatives and are all relevant to different types of situations. In this guide, we examine a few simple

Currency cards are debit card-style payment cards designed to be used while you are on holiday or travelling outside the UK to pay for goods and services, usually anywhere you see the Visa or Mastercard symbol. Best Currency Card Exchange Rates Compared & Reviewed How do currency cards differ? Some currency cards are provided by

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

A reader has asked: 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?

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,