Trump, China and Brexit – What the Three Biggest Buzzword Global Events of 2016 Have Taught Us

  • Posted by Laurie I on January 16, 2017 in Banking Economic Market Insight Migration

global buzzwords of 2016

Given that it’s the New Year, the OrbitRemit blog is reflecting on the year just gone. More than any other year in the last decade, 2016 had huge ups and downs – including a number of seemingly game changing events. Join us as we reflect on the biggest stories of 2016 in chronological order, and our analysis as to how these may change things going forward. 


The Relationship Across The Ditch: Economic rises and falls between Australia and New Zealand

  • Posted by Sean on September 15, 2016 in Banking Economic Market Migration

Aussies and Kiwis have been trading citizens and currencies for decades. In this three-part series entitled The Relationship Across The  Ditch, we’ll explore some of the many things which contribute to the uniqueness of the relationship. 

Over the years, there have been a number of trends of the trade that have a substantial impact on the currency, housing prices and employment prospects. We’re going to take you through the most significant of these trends and give you some idea as to what we think will happen in the near future.


European Transfer Time – The Buyer’s Guide

  • Posted by Laurie I on August 9, 2016 in Banking Insight

WorldMap With Timezones

If you’ve ever transferred money to, from or within Europe, you’ve probably noticed that the money doesn’t go through right away. This is pretty normal and happens with almost every transaction (with the exception of internal bank transfers). We’re going to take you through our ultimate guide to help you minimize the length of this bank transfer downtime. That way, your cross-border transactions will be as quick and easy as possible. Plus, this will help you plan big payments, to make sure they get to their destination on time.


Bitcoin – Digital Currency: Fad or Future?

  • Posted by Laurie I on June 24, 2016 in Banking Technology

The future of bitcoin

If the term “digital currency” makes you feel uneasy, you’re not alone. We’ve all heard of our fair share of people falling victim to online scams and “get rich quick” schemes. But are digital currencies like Bitcoin really that scary? Or are they going to become a part of everyday life? We’re going to take you through the ins and outs of digital currencies.


AUD to USD Forecast for 2016

  • Posted by Sean on January 15, 2016 in Banking Economic Market

AUD to USD Forecast for 2016

Despite being only a number of weeks into 2016, global financial markets have opened to a pretty rocky start. Slumping commodity demand from China, one of the world’s largest consumers, has led to an oversupply (and price crash) of oil, iron ore, and copper. This caused substantial falls in both the US and Australian stock markets and set the currency markets into a frenzy. But what happens next? We’re going to take you through our predictions for the AUD/USD over the next year or so.


How Interest Rates in America Affect Us

  • Posted by Sean on October 13, 2015 in Banking Economic Market

USD chart

After two days of debating, the United States Federal Reserve (the Fed) decided not to raise the Federal Funds Rate at its Federal Open Market Committee meeting on the 17th September. Their next meeting is set for the 28th of October, keeping financial traders, analysts and international businesses on their toes. But why is the Federal Funds Rate important to anyone outside of the US? Well, we’re going to explain that – along with some predictions as to what will happen to the rate.


What a Second Term Conservative Government Means for UK Remittance Senders

  • Posted by Jason on May 31, 2015 in Banking Economic Market

Whether you’re pleased with the recent election results or not, it appears that the Conservatives are here to stay for a second term. But what does this actually mean for remittance senders in the UK? We’re going to take you through the implications of new Tory policies on sending money home, particularly for those of you who have become citizens and those who are new arrivals.


An Inside Look at the Development Bank of the Philippines

  • Posted by Jason on May 28, 2015 in Banking Economic Market

The Development Bank of the Philippines (DBP) is a government owned bank that finances projects within the economy in order to keep it growing. As the name suggests, its goal is to help to develop the Philippines in a way that’s sustainable. We’re going to give you an inside look into the DBP and cover what exactly it does, as well as who it helps along the way.


Top 10 Online Money Transfer Scams to Watch Out For

  • Posted by Paul on May 11, 2015 in Banking Exchanging Money Insight

Sending money online has always been seen as uncertain – after all, you have very little control over the transaction once it leaves your account. Fraudsters and scam artists are well aware of this and have a number of tricks to bleed victims of their hard earned cash. We’re going to take you through the most popular of these international online money transfer scams, so that you can spot and avoid them.


How to Make an International Bank Transfer, Step by Step

  • Posted by Jason on May 3, 2015 in Banking Insight

The first time you start an international bank transfer, you’re likely to run into some confusion. There’s so much confusing terminology: ‘SWIFT’, ‘IBAN’ and ‘BIC’. What does any of this even mean? Fortunately for you, we’re going to take you through this step by step – you’ll be a total whizz in no time. We’ll also give you some tips on avoiding large international bank transfer fees.