Your site for international money transfer comparison news and views for individuals and businesses
Money can be one of, if not the biggest headache when it comes to living abroad. How to spend it, how to access it, what currency to deal in, and whether and where you be should be saving it. Read more “South East Asia & South America Stand Out As Expat Destinations Where Money Goes Furthest”
What is it that makes Spain such an inviting destination for those looking to emigrate abroad?
Is it the climate, which, at its best, is the envy of the world? Read more “Sun, Stability & Growth; Why The Spanish Property Market Is Hottest Destination For Overseas Investment In Europe”
Sending money overseas ought to be a straightforward operation, particularly within a modern, tech-savvy society, but from time to time, things can go wrong. Luckily, The Money Cloud is here to help you learn what courses of action to take in the event of a mishap. Read more “What Happens When An Overseas Money Transfer Goes Wrong?”
In a sense, all businesses “export” their products. After all, in today’s globalised world, it is almost as easy to dispatch a product to the South of France, India, or Mexico, as it is to send it a few streets away! Read more “Exporting: If You Haven’t Fixed Your Exchange Rate, You Haven’t Fixed Your Price!”
Recently, 2 Money Transfer giants; Western Union, and MoneyGram, began working with the cryptocurrency Ripple. Ripple is a blockchain based solution that could have been purpose built for the money transfer industry. It is part real-time-gross-settlement (RTGS) operation; a genuine SWIFT payments rival; and part currency exchange mechanism, capable of using its distributed ledger technology to move money across all of the world’s remittance corridors on behalf of businesses, or individuals. Read more “Can Cryptocurrencies Like Bitcoin & Ripple Become The Future of International Money Transfer?”
Instarem, the Singapore headquartered money transfer operator that offers a unique zero-margin FX transfer policy, made waves at last week’s Money 20/20 Asia conference, held in Singapore. Read more “Money Transfer Operator Instarem Makes Move Into European Market”
From time to time, we all catch ourselves daydreaming about our ideal overseas retirement destination.
Of course, many of us take things a step further and end up living that dream. There’s no doubt that the advantages a warmer climate, better healthcare, or a place where your money goes a little further demand serious consideration, and with the world getting “smaller” everyday, it’s never been easier to turn a dream of the perfect retirement lifestyle into a reality. Read more “South America Dominates List of Favourite Retirement Destinations, With Costa Rica Taking Top Spot”
If you are reading this post then it is probably safe to assume that you have decided to move overseas, or are at least considering it.
Of course, this is a big decision in anybody’s life and it is rarely taken lightly. The worst part is that making the decision to move abroad is just the first step in a process that may take years before you feel properly “at home” somewhere again! Read more “Moving Abroad. Is It Better To Rent Or Buy?”
When it comes to hunting the best overseas money transfer deals, it seems that millennial men, amongst all the demographics, are desperate to stay ahead of the game.
Data from The Money Cloud reveals that a surprising 63% of all site visitors are male; accounting for nearly two thirds of all traffic; and that just over 40% of all visitors are aged between 25-34; meaning millennial men really do aspire to be society’s hunter-gatherers when it comes to scouting money transfer deals. Read more “When It Comes To Overseas Money Transfer Deals, Millennial Men Are The Ultimate Bargain Hunters”
From overseas weddings, to purchasing property abroad, to sending money to contacts or family members living in a different country, international money transfer is a reality that most of us will face at some point in our lives, and for many of us, it’s a regular occurrence.
So it’s a good idea to get to grips with the basics of sending money overseas. In today’s tech savvy world it is easier than ever to arrange an overseas money transfer, but finding the best deals can be a little trickier. Read more “3 Ways To Transfer Money Overseas That Won’t Hurt Your Bank Balance (Plus 3 That Will!)”
In late February, Edmund Ingham, The Money Cloud’s PR and Content Manager, spent a week in Paris exploring the city from the Digital Nomad’s perspective
Ooh la la! Let’s start with a cliché, because the cliché I had hoped to explore, that Paris is at its most remarkable in springtime, will have to be postponed until after the twin furies of the Beast from the East and Storm Emma have stopped battering the towns and cities of Europe.
Yes, Paris last week was just as cold as London, if not quite as dramatic in terms of snowfall or stranded commuters. Paris, it turns out, holds up remarkably well whatever the weather. Read more “Entrepreneurs & Digital Nomad’s Are More Than Welcome In Perfect Paris’ Coworking Cafés”
The World bank studies the global remittance industry closely and its data is often revealing, especially because it is not always easy to track the real amounts of money sent overseas from one country to another – there are many different ways it can be done, and many different reasons for doing so.
Finder.com recently used World bank data to reveal that Nigeria is the most popular destination for outward remittances from the UK. The country accounts for almost 15% of all money sent abroad from the UK, followed by India (14.1%), France (6.7%), Pakistan (6.7%), and Germany (4.9%). Read more “UK Sends More Money To Nigeria Than To Any Other Country, Says Data From World Bank”
With Brexit looming, it would make sense for Britain’s small business community to be revisiting contingency plans for trading abroad, but it seems that instead, firms are losing their appetite for overseas trade altogether, research from Money Transfer firm World First has revealed. Read more “World First Research Reveals Only One Quarter Of Britain’s SMEs Are Trading Overseas”