Currencies

British Pound Sterling

21 questions
How does the US government send money to other countries—by check, bank transfer, or cash? Dec 16, 2025 Correspondent Banking, Nostro and Vostro, and Settlement How do remittances benefit national economies? Aug 1, 2019 Economics, Inflation and Monetary Policy How is TransferWise able to process international transfers so quickly? Jan 9, 2019 Correspondent Banking, Nostro and Vostro, and Settlement Before credit cards and global banks, how did travelers (like aristocrats on continental tours) access funds safely without ATMs? Jul 6, 2018 History of Money, Banking and Finance How does one country lend money to another—do they transfer it electronically, ship it physically, or is it just accounting entries? Apr 10, 2016 Correspondent Banking, Nostro and Vostro, and Settlement Is it smart to accept Bitcoin but settle into fiat immediately to reduce volatility exposure, and where can I find such a service? Mar 11, 2016 Crypto Payments, On-Ramps and Off-Ramps How do foreign exchange transactions work on credit cards? Mar 9, 2016 FX Rates, Spreads and Currency Markets How much does it cost to mint a 1p coin? Jan 9, 2016 General Finance Questions How do countries repay debts worth millions, and is the money moved electronically or physically? Jun 11, 2015 Correspondent Banking, Nostro and Vostro, and Settlement Is there a historical or current example of a country recognizing two currencies as legal tender at the same time? May 2, 2015 History of Money, Banking and Finance Can TransferWise’s P2P matching model work only in two-way corridors, or can it also work in one-way remittance corridors from developed to developing countries? Feb 12, 2015 Payment Corridors and Remittance Economics What is the most valuable banknote ever issued to date? Feb 10, 2015 History of Money, Banking and Finance Is it better to exchange currency before leaving your country or after arriving in the destination country? Feb 5, 2015 FX Rates, Spreads and Currency Markets How do P2P transfer apps like Square, Venmo, and PayPal work—do they use their own merchant accounts, and can they initiate ACH transfers between accounts on users’ behalf? Dec 8, 2014 Digital Wallets, Mobile Money and P2P Payments Are there U.S. banks that offer deposit accounts in foreign currencies such as EUR or GBP? Apr 10, 2014 Opening Bank Accounts, Personal and Business Why do U.S. banks ask customers to explain why they are withdrawing funds? Apr 1, 2014 AML Programs, KYC and Compliance Operations How much does a successful day trader typically earn? Jul 11, 2013 Capital Markets: Stocks, Bonds and Derivatives What SaaS products are best for online security and fraud prevention? Nov 11, 2012 Banking and Payments Technology Stack Is it wise to keep spare foreign currency to resell later to people traveling to that country? Sep 2, 2012 FX Rates, Spreads and Currency Markets What’s the most affordable way to send money from the UK to Mauritius? Oct 7, 2011 Sending and Receiving Money Abroad What is the cheapest way to send money from the UK to Mauritius? Jul 10, 2011 Sending and Receiving Money Abroad