Currency brokers can save you money when converting and transferring large amounts of money abroad for property purchases or business because they offer better exchange rates than banks and advice on when best to convert currency.
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 […]
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If you need travel money and want to order it online, our research shows that Morrisons supermarket currently offers the best rates for buying foreign currency in the UK. In this guide, we compare travel money exchange rates and explain all of the main ways you can buy travel money. It can help save you
Best Travel Money Exchange Rates Compared & Reviewed Read More »
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
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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
What is the best way of transferring a large amount of £ to euros to Estonia? Read More »
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
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E-Money Markets, a new white label foreign exchange (FX) platform led by sector veteran Harry Geller, has attracted £700,000 in pre-seed funding. The funding round for the start-up was led by CH-1 Investment Group and other angel investors. Targeting small and medium sized businesses (SMEs), E-Money Markets is integrating FX and payment APIs into a
FX veteran Harry Geller’s E-Money Markets gets £700,000 in funding Read More »
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
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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,
Zing suffers the same fate as PagoFX as HSBC fails to compete with Wise & Revolut Read More »
One of the main issues with doing a large currency transfer is that it’s a one-off transaction that you probably haven’t done before, and you probably won’t do again. Unless you are a CFO managing corporate FX, this may well be a nerve-racking experience. I spent 5 years as a prime broker to currency brokers
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Corpay Cross-Border Solutions has signed a deal to become the official foreign exchange partner of mixed martials arts (MMA) organisation Ultimate Fighting Championship (UFC). Under the new Corpay UFC partnership the FX platform will partner in the presentation of select UFC Fight Nights in Asia, Australia, Europe and the Middle East. The broker’s branding will
Corpay UFC exclusive partnership strikes for MMA fans Read More »