Tag: international money transfer

June 07, 2018 BY LeapRate Staff

Exclusive: GAIN Capital discontinues FOREX.com money transfer business

LeapRate Exclusive... LeapRate has learned that FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP) has decided to discontinue its international money transfer business. The service was being offered only in the UK. GAIN Capital first announced plans in early 2016 to launch a separate money transfer business under the separate brand and website ForeignExchange.com. The business…

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August 30, 2017 BY LeapRate Staff

Forex.com launches new international money transfer service in the UK

GAIN Capital Holdings Inc (NYSE:GCAP) has announced the launch of a new money transfer service on Forex.com, its global Retail FX brand. The new service, which enables individuals and businesses to quickly and easily send money in 26 currencies to over 200 countries via their desktop, tablet or mobile device, features highly-competitive exchange rates, fast…

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April 20, 2017 BY LeapRate Staff

Send Money Abroad Without Killer Fees

This article was written by contributor Kat Smith. From thrifty business owners to parents who need to send money to students traveling or studying abroad, people are able to send money overseas for cheaper rates and much more efficiently than what your average bank offers. The secret to this is simple. There are a wide variety…

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December 09, 2016 BY LeapRate Staff

CEO of Gain Capital's ForeignExchange.com money transfer business Jeff Scott resigns

LeapRate Exclusive... LeapRate has learned that Jeff Scott, until recently the COO of Gain Capital Holdings Inc (NYSE:GCAP), has left the company. Mr. Scott has resigned his relatively new position as CEO of Gain's recently-launched ForeignExchange.com money transfer business. Jeff Scott had been COO of Gain Capital, and the #2 executive to co-founder and longtime Gain Capital…

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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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