It’s The Little (Financial) Differences That Have The Biggest Impact When You’re Spending Time Overseas

I’ve recently returned from the Costa Del Sol -Benalmádena, to be precise. I am a freelancer, an avid Airbnb’er and, providing I abide by all the various regulations, from time to time, when somebody decides to book my central London property, I can swap London living for some exotic far-flung location. Read more

Santander Breaks The Mould For Banks With Blockchain Based International Money Transfer Service

The Spanish bank Santander has announced that it is launching an international money transfer service that will run using blockchain technology in an attempt to take on disruptive fintech startups such as TransferWise and Revolut, who have been eating into banks’ share of a market worth an estimated $600bn per annum. Read more

The Best Options For Sending Money To & From India

Last week we revealed that the remittance corridor between the United States and Mexico is the world’s biggest.

World bank data reveals that the US is the largest global sender of remittances, and Mexico the fourth largest receiver; but now let’s consider how to make international money transfers to and from the world’s biggest remittance receiving country: India. Read more

£1.6bn or £16bn? The Amazing Truth About The UK’s Overseas Money Transfer Industry

It may seem astonishing, especially in a world increasingly viewed through a prism of facts, figures and stats, that the UK does not officially measure remittance flows or international money transfers into or out of the country.

But it is true: according to the University of Oxford’s Migration Observatory, which provides “impartial, independent, authoritative, evidence-based analysis of data on migration and migrants in the UK”, estimates concerning the amount of money that is transferred annually between Britain and the rest of the world vary from approximately £1.5bn, to over £16.5bn – a substantial difference, by any measure! Read more

Can Cryptocurrencies Like Bitcoin & Ripple Become The Future of International Money Transfer?

Recently, 2 Money Transfer giants; Western Union, and MoneyGram, began working with the cryptocurrency Ripple.  Ripple is a blockchain based solution that could have been purpose built for the money transfer industry. It is part real-time-gross-settlement (RTGS) operation; a genuine SWIFT payments rival; and part currency exchange mechanism, capable of using its distributed ledger technology to move money across all of the world’s remittance corridors on behalf of businesses, or individuals. Read more

South America Dominates List of Favourite Retirement Destinations, With Costa Rica Taking Top Spot

From time to time, we all catch ourselves daydreaming about our ideal overseas retirement destination.

Of course, many of us take things a step further and end up living that dream. There’s no doubt that the advantages a warmer climate, better healthcare, or a place where your money goes a little further demand serious consideration, and with the world getting “smaller” everyday, it’s never been easier to turn a dream of the perfect retirement lifestyle into a reality. Read more

3 Ways To Transfer Money Overseas That Won’t Hurt Your Bank Balance (Plus 3 That Will!)

From overseas weddings, to purchasing property abroad, to sending money to contacts or family members living in a different country, international money transfer is a reality that most of us will face at some point in our lives, and for many of us, it’s a regular occurrence.

So it’s a good idea to get to grips with the basics of sending money overseas. In today’s tech savvy world it is easier than ever to arrange an overseas money transfer, but finding the best deals can be a little trickier. Read more

Entrepreneurs & Digital Nomad’s Are More Than Welcome In Perfect Paris’ Coworking Cafés

Edmund Ingham, The Money Cloud’s PR and Content Manager, spends a week in Paris exploring the city from the Digital Nomad’s perspective

Ooh la la! Let’s start with a cliché, because the cliché I had hoped to explore, that Paris is at its most remarkable in springtime, will have to be postponed until after the twin furies of the Beast from the East and Storm Emma have stopped battering the towns and cities of Europe.

Yes, Paris last week was just as cold as London, if not quite as dramatic in terms of snowfall or stranded commuters. Paris, it turns out, holds up remarkably well whatever the weather. Read more

HSBC Expat Explorer Survey Puts Singapore Top Of The League In 2017

This content is sourced and brought to you by The Money Cloud – comparing the best rates for sending money overseas offered by hand-picked, regulated brokers and money transfer agencies.

I had the pleasure of spending 3 weeks here in August last year and based on my experience, it seems hardly surprising that Singapore tops HSBC’s Expat Explorer Survey in 2017.

Singapore is in first place for the second year running, ahead of Norway (6th in 2016), New Zealand (2nd) and Germany (10th). An eclectic top 10 also includes the Netherlands, Canada, Australia, Sweden, Austria, and the United Arab Emirates. Read more

Being An Entrepreneur On The Cote D’Azur; You’re Probably Right To Be Tempted

This content is sourced and brought to you by The Money Cloud – comparing the best rates for sending money overseas offered by hand-picked, regulated brokers and money transfer agencies.

Monaco, Cannes, Marseille, Nice, St Tropez; France’s Cote D’Azur hosts some world-famous cities and towns as well as picturesque, sleepy on the surface villages that stretch towards Ventimiglia, in Italy, in the East, and Marseille in the West.

The quality of life on the Cote D’Azur is high; there are plenty of activities, events and festivals, celebrating food, life and culture; there are yachts, superyachts, casinos, nightclubs, fast cars, good food, and all the other trappings of the glamorous Mediterranean that you might expect. It can also be surprisingly down to earth ad friendly. Read more