The World bank studies the global remittance industry closely and its data is often revealing, especially because it is not always easy to track the real amounts of money sent overseas from one country to another – there are many different ways it can be done, and many different reasonsRead More →

With Brexit looming, it would make sense for Britain’s small business community to be revisiting contingency plans for trading abroad, but it seems that instead, firms are losing their appetite for overseas trade altogether, research from Money Transfer firm World First has revealed.Read More →

The Chinese government is determined to prevent its entrepreneurs from moving large sums of money out of the country, to try to encourage them to reinvest their profits back into the domestic economy. The strategy, however, is proving tough to enforce, and doesn’t always succeed in promoting Chinese interests abroad,Read More →

Last year, Sainsbury’s bank moved into the money transfer space, announcing a partnership with MoneyCorp that will allow their customers to transfer up to £100,000 overseas, either online or over the telephone. In the process of setting up the partnership, Sainsbury’s uncovered some interesting facts about why Brits might wantRead More →

Only the United States ($56.3 billion), Saudi Arabia ($36.9bn) and Russia ($32.6bn) sends more money abroad than Dubai’s total of $19 billion, according to the World Bank, so it is no surprise that money transfer firms are scrambling to grab a slice of the action there. MoneyCorp have stolen aRead More →

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. TransferWise is targeting “expats, second homeowners, freelancers and more” with a new bank account that allows users to make transactions in 28Read More →

This never-ending saga – one that has infuriated the POTUS, Donald Trump, who had received assurances this investigation would conclude before thanksgiving last year – rumbles on. According to the New York Daily News, Special Counsel Robert Mueller has turned his attention to a number of suspicious financial transactions thatRead More →