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Foreign Exchange

Cut out hefty money transfer fees with Azimo

Azimo is a new international money transfer service offering much cheaper prices than high street banks and large competitors by cutting out middlemen and hefty commission fees, which can often be as high as 8%.

Powerful pound means more holiday cash

With sterling soaring to its highest rate this year against European currencies, families travelling to the eurozone and other Continental hotspots at the end of the school term can expect to have up to 11.5 per cent more cash in hand compared with last summer.

Prepaid currency card confusion costing Brits

Brits are incurring millions of pounds in credit and debit card fees after being left confused by prepaid currency cards, according to the findings of a new report.

Sterling dips as consumer price inflation continues to fall

Andy Scott, premier account manager at foreign currency brokers HiFX says Sterling dips as consumer price inflation continues to fall:

Cash is King for Brits going overseas this summer

Cash is the payment method of choice for people going overseas this summer, according to a new survey from Tesco Bank.

Sainsbury's opens travel money bureau at flagship store in Greenwich

Sainsbury's Bank, this week launches a new travel money bureau in Sainsbury's flagship Greenwich store, taking its total travel money estate to 122 bureaux.

Cash in on Euros with Sterling at a high

AA Financial Services says that with Sterling remaining high against the Euro, now is a good time for holidaymakers to stock up on Euros.

Brits make costly mistake using their credit card abroad

MoneySupermarket reveals holidaymakers using their credit card abroad are making a costly mistake and risk turning their holiday into a financial nightmare, simply by not understanding the charges involved.

Holidaymakers ‘changing places’ can save £££s

While the UK pound is at its highest rate against the euro in almost four years, a new Post Office Travel Money report reveals that holidaymakers hoping to cash in on their increased spending power could get caught out to the tune of hundreds of pounds if they fail to do their homework and check resort costs as well as package prices.

Spain cut from 10/1 to 5/1 to quit Euro this year

William Hill have halved their odds about Spain leaving the Euro this year from 10/1 to 5/1, and have also shortened their odds about being the first country to pull out of the Euro, from 7/1 to 4/1.

Footy fans off the mark with currency

40% of British fans attending Euro 2012 are in the dark when it comes to the currencies in Poland and Ukraine, a gaffe that could cost England supporters as much as £200 extra in poor exchange rates and high commission charges, a survey has revealed.

Get set for summer travel at the Post Office

Make the Post Office a one stop shop for all your travel needs this summer with a wide range of travel services all under one roof. Post Office, voted Best Foreign Exchange and Travel Money Retailer, offers customers excellent value on an extensive range of travel products including travel money and insurance.

Sterling sinks against mighty Dollar

By Andy Scott, premier account manager at currency specialist HiFX: "Sterling suffered its worst monthly loss against the US Dollar during May since September last year, falling by nearly 10 cents or 6% from the start of the month with barely a pause for breath.

Euro fever overshadows pound’s strength against other currencies

Euro fever – and we’re not talking about the football - is gripping the nation and putting traditional holiday haunts such as Spain and France firmly back on the map but is this overshadowing the potential for cost-saving that still remains outside the Eurozone?

Clydesdale and Yorkshire Banks launch prepaid currency card

Clydesdale and Yorkshire Banks have launched a new prepaid currency card in partnership with MasterCard.