Banking
Don’t leave foreign exchange transactions to last minute
Small shifts in foreign currency exchange rates are common and happen in short spaces of time. However, over the past few days sterling has dropped off steadily by over 2%, according to World First.
HSBC Passport account helps International students
International students moving to the UK to study can now avoid one of the biggest hassles of moving to a new country thanks to an innovative current account from HSBC.
Security reminders for writing or receiving cheques
In response to the fact that we are using cheques less often than ever before, the Cheque and Credit Clearing Company has published a reminder guide to help people avoid common pitfalls and safeguard themselves from fraud when writing and receiving cheques.
Most customers content with banks
New figures reveal that most customers are satisfied with their bank. This is based on the number of complaints handled by the Financial Ombudsman Service.
Santander extends partnership with Vodafone McLaren Mercedes
Banco Santander extends its Corporate Partnership with the Vodafone McLaren Mercedes Formula 1 team, with the high profile Santander branding present on all four of the team's drivers.
Falls for Sterling show economy still under pressure
The latest HiFX Global Currency Moves Report reveals Sterling fell against all major currencies last month indicating that the rallies enjoyed in June and July are over.
Online banking users urged to take care
It’s a simple case of Mouse to Mayhem when the growing trend to shift money online has led to the next generation of theft that could cost 20 million online banking users a staggering £439m, and not even the Ombudsman can help get it back.
Santander Corporate Banking launches new fixed term bonds
Santander Corporate Banking has launched two new fixed term deposit accounts aimed at businesses with a turnover above £1 million. The six and nine month bonds offer market leading interest rates of up to 2.20 per cent gross pa/AER and are available from Monday 14 September.
Near zero interest rates opportunity of a lifetime
David Kuo, Director at financial website The Motley Fool - Fool.co.uk, says: "The patient has been defibrillated, put on life support and now it's time for a period of slow rehabilitation.
Barclays improved mobile banking service
Barclays today unveils improvements to two key areas of its popular mobile phone banking site barclays.mobi providing additional relevant services and simplified access to online banking for our mobile customers.
UK interest rates held at 0.5%
The Bank of England's Monetary Policy Committee today voted to maintain interest rates at 0.5%. The Committee also voted to continue with its programme of asset purchases totalling £175 billion financed by the issuance of central bank reserves.
One year on from Lehman Brothers collapse
Ahead of the one year anniversary of the Lehman Brothers collapse, Kevin Mountford, head of banking at moneysupermarket.com, said: "It's hard to believe that a year has passed already since Lehman Brothers collapsed.
FSA fines Barclays £2.45m
The Financial Services Authority (FSA) has fined Barclays Capital Securities Ltd and Barclays Bank PLC (Barclays) £2.45m for failing to provide accurate transaction reports to the FSA and for serious weaknesses in systems and controls in relation to transaction reporting.
Half a year at half a percent
Bank of England base rate has been at 0.50% for six months now, but consumers have seen very little benefit.
RBS decreases overdraft fees
Commenting on RBS decreasing its overdraft fees, Ian Williams, director of communications at moneysupermarket.com said: "Although any reduction in fees is good news for consumers, RBS customers will still be subjected to high unauthorised overdraft fees and rates - up to £15 a day.