General

The paperwork the UK bank actually wants when a five- or six-figure inheritance lands from abroad, the plain tax answer, and how to move the money.

You have one lump to move and a date. Your app can only convert today at today’s rate. The three tools a broker offers a personal client, and when each one is right.

You send `£3,000` a month to family abroad and treat the fee as the price of the tool. Your tool is a remittance app; your money is not a remittance. The plain arithmetic and the setup nobody has told you about.

For a house purchase in the low- to mid-six figures, the UK bank’s wire button is the most expensive tool on the screen. Here is the one you should be using instead.

An aboki is a person with a phone, a stack of naira, and a network of counterparties. Here is how the street currency exchange works, and what UK law says.

Hawala is not a crime; it is how a family sends money where the formal apps do not reach. Here is how it works, and what UK law says about using it.

A paluwagan is a savings group. A fixed number of people who know each other each put in the same amount on the same day, and one member takes the whole pot that day. Next round, a different member takes it. When every member has taken the pot once, the cycle is finished. Everyone contributes…

An ajo is a savings group. A fixed number of people who know each other each put in the same amount every week or every month. Whoever’s turn it is that round takes the whole pot. When every member has taken the pot once, the cycle is finished. The word is Yoruba; elsewhere in Nigeria…

When the app has frozen your account and support will only say a review is under way, this is the letter that puts the firm on the clock. Copy, fill, send.

A rule changed somewhere in the formal system. You will not read the circular. You will just open the app and hit a new screen, a lower cap, or a hold that was not there last month. Here is how to read the change from your side of the screen.