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Large Money Transfers, Why The High Street Is Still King

[fa icon="calendar'] 20/07/17 14:52 / by Rosie Murray-West posted in money transfer market, money transfer

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Customers transferring large amounts of money abroad are still turning to high street banks to send money, despite the availability of cheaper and more innovative services elsewhere.

Consumer Intelligence asked over 1000 people about the size of the transfers that they have made, and about how they chose to make them. A third of people had made transfers of £500 or more, with payments for holiday accommodation being by far the most common reason for making a large foreign exchange transfer.

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Tis The Season To Transfer Money

[fa icon="calendar'] 19/12/16 10:08 / by Andrew Buller posted in travel money, money transfer market

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The Royal Mail is stressing that strikes in Post Offices this week will have little or no impact on deliveries and that the last posting dates for Christmas remain unchanged.

However the overseas money transfer market is one sector that is definitely delivering over the festive period for people sending Christmas presents of cash to friends and relatives.

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What Brexit Taught Us About The Money Transfer Market

[fa icon="calendar'] 07/09/16 11:52 / by Andrew Buller posted in travel money, brexit, money transfer market

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The response by international payments businesses to news that the UK had voted to leave the EU highlighted how fast some are to respond to changes - and how much others lag behind.

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