Foreign Exchange
Cash is king for the modern traveller
The typical travelling Briton relies heavily on cash to pay his or her way whilst they are abroad, regardless of whether they are travelling on business or for pleasure, according to research by Santander.
Caxton FX helps overseas property owners demolish their fees
Banks and online currency companies overcharge for making simple overseas payments. One provider is bucking the trend by offering free transfers and bank-busting rates.
Sterling hits five month high against broadly weaker euro
Sterling reached a five month high against a broadly weaker euro today, hitting a day high of €1.1625 this afternoon.
Cash is king for UK travellers
New research from First Rate Exchange Services (First Rate) has revealed some interesting trends in the usage of travel money cards by UK travellers.
Pitiful pound helps buyers and sellers arrive at a good price
At first glance it’s tricky to work out how buying a villa in Spain in 2000 for €122,000 euros and selling in 2010 for €85,000 euros can be seen as anything but an unmitigated disaster. But actually the client’s getting a bargain and the vendor’s making a profit. How? Answer - the vendor’s British.
Sterling hits 1 month high against the US dollar
Sterling soared against the US dollar this morning, hitting a one month high and climbing nearly 0.5 pc to hit $1.6267, it's highest since mid-December. Against the euro, Sterling gained 0.4 pc, hitting a 9 day low of €1.1160.
City analyst says "talk of recovery is far too premature"
The Bank of England has announced they will leave interest rates on hold at 0.5 per cent for the 10th month in a row. The MPC also voted to continue its quantitative easing programme, currently totalling £200 billion.
Appetite for risk continues to dictate currency moves
Neil Looker, Chief FX Dealer, City Index commented: "The currency markets have started the year in a risk friendly environment with equities and commodities rallying on the back of continued US Dollar weakness.
Santander says adios to Spanish ATM charges
Following the announcement of the Zero Current Account in November 2009, Santander is today announcing another initiative aimed at rewarding loyalty amongst its existing customers.
M&S offers foreign currency refund for Flyglobespan customers
M&S Money is offering to refund in full foreign currency purchased from M&S by customers who have booked flights with Flyglobespan and are now unable to travel.
Not driving home for Christmas?
If you are a long way from home and plan to send money back for Christmas presents, Caxton FX FastPay, has it all wrapped up.
Pack the right plastic if you’re heading away this winter
With Christmas fast approaching and the colder weather setting in, many Brits may be contemplating a winter getaway.
A pre-paid card is for life, not just for Christmas
Bath salts and socks for Christmas are all very nice, but how about giving your loved one's something different this year?
Savvy skiers might be tempted to stray off piste this season
The average cost of a winter sports holiday is now higher than at any time since the turn of the millennium, with a flight and accommodation package costing on average a hefty £686, new research commissioned by Santander Cards has revealed.
Fans heading to World Cup wise to keep track of currency rates
On the eve of the draw for the World Cup finals, M&S Travel Money is advising football fans heading to South Africa to keep track of currency rates rather than wait until next summer to purchase their spending money.