Stories

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  • The Friday number: 300 pounds to Egypt this week

    On 300 pounds sent from the UK to an Egyptian pound bank account this Friday morning, Remitly delivered the most at EGP 20,455.27 for a £0.99 fee. Wise came in about £5.20 behind, most of it lost to Wise’s unusually heavy £8.51 fee on this route. OFX was £15.77 behind Remitly.

  • The Friday number: 300 pounds to Sri Lanka this week

    On 300 pounds to Sri Lanka this Friday morning, Instarem, Remitly and Wise all delivered within about a pound of each other. Xoom and OFX came in noticeably behind. Here is who to open and who to skip.

  • MonieWorld is closing in the UK. What to do this week.

    You opened the app this week and saw the notice. MonieWorld is closing its UK service. If you have been sending two or three hundred pounds a month to Lagos, this is now the thing you need to sort before your next transfer. What is actually happening Moniepoint is shutting down MonieWorld, the UK app…

  • The first fall in Kenya’s diaspora remittances in 17 years – and why it is not a UK story

    Kenya’s diaspora remittances fell for the first time in 17 years. The Sh9 billion hole is a Gulf story, not a UK one. Here is what the number measures.

  • The Friday number: 300 pounds to Vietnam this week

    On 300 pounds sent from the UK to a Vietnam bank account this Friday morning, the top three apps arrived within about half a pound of each other, but the worst named app came in £18.24 behind, most of it quietly taken in the exchange rate. Here is who delivered what.

  • The Friday number: 300 pounds to Bangladesh this week

    On 300 pounds sent from the UK to a Bangladesh bank account this Friday morning, the gap between the best regular price and the worst named one came to about £5.62, most of it quietly taken in the exchange rate. Here is who delivered what, and why Instarem is the number to beat this week.

  • The Friday number: 300 pounds to India this week

    On 300 pounds sent from the UK to an India bank account this Friday morning, the gap between the sharpest fresh app and the worst named one came to about £14.29, most of it quietly taken in the exchange rate. Here is who delivered what, and why Wise is the number to beat this week.

  • The Friday number: 300 pounds to Pakistan this week

    On 300 pounds sent from the UK to a Pakistan bank account this Friday morning, the gap between the sharpest regular app and the worst named one came to about £11.94, quietly taken in the exchange rate. Here is who delivered what, one month after the scheme that made these transfers look free was withdrawn.

  • Your Nigeria transfer: what the new settlement rule actually changed

    Your Saturday transfer to Nigeria has not changed. The new central bank settlement rule sits behind the scenes at the apps you already use. Here is what it does, why it exists, and what could still turn into something you feel.

  • The Friday number: 300 pounds to Kenya this week

    The Friday number: 300 pounds to Kenya this week

    On 300 pounds sent from the UK to Kenya this Friday morning, the gap between the best app and the worst named app came to about £14.72, hidden in the exchange rate. Here is who delivered what.