Stories
-
The Friday number: £300 to China this week
On £300 to a bank account in China this Friday morning, Instarem came top with 2,666.56 yuan and no fee. Wise was £3.36 behind. OFX was last, about £14 behind.
-
Manila wants OFW fees down to 2 percent. The right UK app already arrives at under 1.
The Philippines' finance secretary wants OFW transfer fees capped at 2 percent. On £300 UK to Manila this week, the right app already arrives at under 1.
-
The Friday number: £300 to Lithuania this week
On £300 to a euro bank account in Lithuania this Friday morning, Wise arrived at the top with €353.33 after a £1.51 fee at the real exchange rate. Instarem came in €0.21 behind, essentially a tie. Skrill's zero fee is a lure, its rate about 5 percent below the real one, worth about £14 on £300.
-
What Western Union's stablecoin changes on your receipt
Western Union now runs a dollar stablecoin on Solana to settle its own books. The receipt a UK or US sender gets on $200 to Manila has not moved. Here is what did, what has not, and the cheaper app already there.
-
A UK bank keeps £15 on £200. A Korean bank just made it zero.
KakaoBank waived overseas transfer fees for foreign residents in Korea on 12 October. UK banks still keep about £15 of a £200 send; that is a price they set.
-
The Friday number: £300 to Thailand this week
On £300 to a Thai baht bank account this Friday morning, Instarem arrived at the top with THB 13,245.22 (about £300) for a zero fee. Wise came in £1.47 behind, all of it in the £3.38 fee. Skrill's zero fee is a lure: its rate sits about 2 percent below the real one, which is where roughly £6 of loss sits.
-
The Friday number: £300 to Turkey this week
On £300 to a Turkish lira bank account this Friday morning, three apps arrived within about a pound of each other at the top: Instarem (TRY 19,344.86, zero fee), Remitly (TRY 19,280.76, £1.99 fee) and Wise (TRY 19,276.51, £2.85 fee at the real rate). NatWest, Western Union and Nationwide sat £4 to £20 behind on the same send.
-
The Friday number: £300 to Nepal this week
On £300 to a Nepalese rupee bank account this Friday morning, Instarem arrived at the top with a zero fee and a rate about 0.66 percent below the real rate. Wise came in second, about £2.55 behind, held back by the £4.53 fee rather than the rate. Skrill's zero fee is a lure - its rate is where roughly £6 of loss sits.
-
MonieWorld shut four weeks ago. Is the app you moved to any good?
On £200 to a Lagos bank account this week, Wise arrived at 364,602 naira for a £1.70 fee. Africhange came in 400 naira above. Here is the check for the apps whose price only shows in-app.
-
Africhange got a Ghana licence. Should a UK sender care?
Bank of Ghana licensed Africhange this month. On £300 to Ghana today, their app quoted GHS 4,722.62, about 127 cedis above the next-best public price.