Technology is moving at warp-speed and many businesses are having to play catch-up. One of the most affected industries has been the financial services and banking sector. We look at a few ways banking has changed – for the better. Say goodbye to queues Remember the days of spending your lunch break in bank queues? […]
As more and more companies provide online services, it’s no surprise that an increasing number of people are falling victim to cybercrimes each year. If you’re going to be transacting on the World Wide Web, there are a few online security precautions you should consider taking. Online banking and financial services apps are on the […]
Traditional banks are often thought of as the only option for transferring money overseas. But independent foreign exchange providers can often provide better rates, lower fees and faster service. The familiarity of dealing with a bank may provide a sense of security, but it doesn’t necessarily mean that it’s the best choice for international money […]
Whether you’re emigrating or just preparing to go on a holiday, having a plan to get your money overseas is vital. After working in the forex business for almost seven years I’ve picked up a few tricks along the way. Read on to find out what they are. Business trips and holidays Things have certainly […]
The problem with banks Money transfer services offered by the banks are time-consuming and expensive. Banks charge a premium for international transfers because they are not a key service and require more work than domestic payments. The rates offered by banks are “interbank rates”. These are the rates at which the banks trade and are […]
From 1 December 2014, anyone holding a valid visa or residence permit for Australia, New Zealand, the United States or Canada will be exempt from obtaining a transit visa when passing through the UK.
With Freelancers’ Day fast approaching, we thought it would be the ideal time to offer tips and advice for those IT workers considering moving over into self-employment. Here are our top tips for making a success of your IT contracting career.
Did you know that you can receive up to £4,250 per annum in tax-free income by renting out a furnished room in your home?
So your time in the UK has come to an end and you’ve decided to pack your belongings and move back home. These three tips will take you safely home with money to spare.
With so many South Africans abroad, transferring money back to South Africa is a common practice. International money transfer companies have carved a nice niche in this arena, offering exchange rates that, in many cases, beat the banks. So why is it that most South Africans still use banks as their first point of call when transferring […]
If you’ve just arrived in the UK, take 10 minutes to familiarise yourself with the scams doing the rounds at the moment. These are often targeted at second-language English speakers, many of whom are unaware of the tips and tricks to avoid being scammed.
We’ve put together a short glossary of terms to dissect the jargon that surrounds international money transfers. If, by the end of this article, you can tell the difference between exchange, interbank and locked-in rates, you’re well on your way to saving heaps of money.
Forex scams are a dime a dozen on the Internet. Here’s how to sort the reputable money transfer companies from the disreputable ones.
Most people choose a brick and mortar bank when they need to send money from the UK in a hurry. Unfortunately, this costs them time and money. We’ll show you how a good forex agent will beat the bank – every time.
In a business age dominated by the internet, it’s no surprise that fledgling startups and SMEs are frequently conned by net-savvy phishers. Here’s how to prevent your business from being scammed by a carefully-hatched phishing mail.
The era of globalisation is upon us, and the world is quickly becoming a smaller place. Tourism also continues to escalate, and with these trends in place, the need to move money across a national border is becoming more common than ever before for all of us.
Whether you need to send money home to loved ones, pay off debt, buy a new home, repatriate your funds or invest overseas, it pays to choose a great forex broker. Here are four qualities to look out for.
The Rand devalued severely last week, dropping to a new four-year low amid concerns about the health of the South African economy.
If you guessed that the banks are the cheapest way to transfer money from the UK to Australia or South Africa (or anywhere else for that matter) you’d be wrong.
Banks are not the only option for Foreign exchange and international remittance. Most consumers don’t know this. Ironically the high street banks know that most consumers don’t know this, which all causes a very strange economical phenomenon: Banks hold a façade monopoly position in the Foreign exchange and remittance markets, whereby they continue to offer sub-standard service at exorbitant prices to an unknowing public.