Tag: international cash transfer

March 24, 2016 BY LeapRate Staff

UK bank fees on foreign currency transfers still 3x those of independent specialist firms

International money transfer comparison site FXcompared.com has released the latest findings from its International Money Transfer Index (IMTI), which tracks and monitors data on banking costs for currency transactions in the UK. While FXcompared.com did find that banks have been lowering their costs in recent months in the face of rising competition from online money transfer services,…

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