Stories

  • The Friday number: £300 to Ghana this week

    On £300 to a Ghanaian cedi bank account this Friday morning, Instarem arrived at the top with a zero fee and a rate about 0.8 percent below the real rate. Wise came in second, about £3.50 behind, held back by the £5.96 fee rather than the rate. Western Union was £10.67 behind Instarem.

  • The Friday number: £300 to Morocco this week

    On £300 to a Moroccan dirham bank account this Friday morning, Remitly and Western Union arrived within about a pound and a half of each other at the top. Wise came third, held back by an £8.94 fee rather than a poor rate. OFX was £9.42 behind the top.

  • The Friday number: £300 to Egypt this week

    On £300 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 to Sri Lanka this week

    On £300 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 has closed in the UK. What to do now.

    On this pageWhat happenedIf you still had money in MonieWorldWhere to send insteadWhat this means for the money you send What happened Moniepoint shut down MonieWorld, the UK app it ran for sending money to Nigeria. TechCabal, Business Post Nigeria and MarketForces Africa reported it on 25 and 26 August 2026. The company said it is putting its resources back into its main African business. MonieWorld had been running for about 14 months. Moniepoint's statement, as MarketForces Africa reported it on 26 August 2026, gave two dates. MonieWorld stopped taking transactions on 15 August 2026. It was due to close…

  • 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 to Vietnam this week

    On £300 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 to Bangladesh this week

    On £300 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 to India this week

    On £300 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 to Pakistan this week

    On £300 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.