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
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
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
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
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
The State Bank of India (SBI) is owned by the Indian government and serves as the largest banking and financial services facility in India. Its headquarters are in Mumbai and has over 16,000 branches across India. In other words, it’s huge. But is it the best option for your banking needs? Let’s take a look.