Money Transfer News

Brits who have chosen to move abroad are swapping their savings from sterling to the local currency as the pound continues to weaken against the dollar and the euro. A recent survey by Lloyds TSB International has revealed that the number of British expats holding money in sterling has halved since September 2011 to just 13 per...

A new international money transfer company claims it can undercut high street banks and offer expat pensioners much better rates when transferring their pensions abroad. TransferWise was launched last year after its two Estonia founders struggled to find a way to transfer money from the UK back home. The company claims that the fees...