Countries

United Kingdom

83 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 to Verify Investment Advisor Credentials Oct 14, 2024 Fraud and Scams How do you get a Forex trading license in the UK, and what does it involve? Mar 27, 2024 High-Risk Industries Who regulates international money transfers globally? May 8, 2020 Regulators, Enforcement and Regulatory Change Are TransferWise borderless account balances visible to tax authorities? Apr 11, 2020 Tax and Financial Reporting How does Payoneer legally provide bank accounts to non-UK residents? Aug 3, 2019 UK and EU Licensing, EMIs and Payment Institutions How do remittances benefit national economies? Aug 1, 2019 Economics, Inflation and Monetary Policy Why do countries hold foreign exchange reserves? Mar 1, 2019 Geopolitics of Money and the International Monetary System How is TransferWise able to process international transfers so quickly? Jan 9, 2019 Correspondent Banking, Nostro and Vostro, and Settlement If an app only connects people to hawaladars but never touches funds, does it need FCA or HMRC registration in the UK? Dec 8, 2018 UK and EU Licensing, EMIs and Payment Institutions How do I start a money remittance agency in the UK? Sep 5, 2018 Money Transfer Business and MTOs Why do banks engage in offshore banking? Apr 6, 2018 General Finance Questions Is Circle Pay a licensed money remittance company? Apr 1, 2018 US Money Transmitter Licensing and MSB Registration Why are Visa, Mastercard, and American Express the dominant major players in transaction processing? Mar 3, 2017 Card Networks and Card Issuing Which countries have the most advanced banking systems? Oct 2, 2016 General Finance Questions What legal steps and requirements are needed to build a PayPal-like service in the U.S. and globally? Jul 1, 2016 US Money Transmitter Licensing and MSB Registration How do electronic payments companies operate? Jun 12, 2016 UK and EU Licensing, EMIs and Payment Institutions Why do bank transfers still take so long today? Jun 9, 2016 Domestic Payment Rails, National Switches and Clearing Systems What licensing considerations apply when holding customer funds in an international peer-to-peer marketplace? May 5, 2016 UK and EU Licensing, EMIs and Payment Institutions Who are the five most powerful figures in global banking today? May 4, 2016 Central Banks and Bank Supervision 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 Which country is best for launching a small e-wallet business? Feb 12, 2016 Licensing Strategy, Sponsorship and Agent Models What are some strong examples of digital-only banks? Jan 9, 2016 Digital Banks, Neobanks and Mobile Banking How much does it cost to mint a 1p coin? Jan 9, 2016 General Finance Questions What is one killer use case for Bitcoin that actually exists in 2014? Dec 6, 2015 Sending and Receiving Money Abroad Why is the payments ecosystem so complicated? Oct 10, 2015 Starting and Running a Fintech or Payments Business Where do currency exchange dealers source their foreign currency inventories? Sep 11, 2015 FX Rates, Spreads and Currency Markets Do P2P remittance firms like TransferWise require large amounts of capital to sustain their very low pricing? Aug 6, 2015 Payment Corridors and Remittance Economics In a world of smart tech, Faster Payments (UK), ACH, and EPN (US), why can’t bank accounts show truly real-time balances based on all posted transactions? Jul 5, 2015 Domestic Payment Rails, National Switches and Clearing Systems Which technology companies around the world are building tools to help customers switch their primary bank? Jul 4, 2015 Fintech, BaaS and Embedded Finance 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 How can I legally build a multi-currency NS/RTGS system based on banks’ current accounts? Apr 6, 2015 Correspondent Banking, Nostro and Vostro, and Settlement 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 How do international bank-to-bank transfers function end to end? Feb 11, 2015 Correspondent Banking, Nostro and Vostro, and Settlement What is the most valuable banknote ever issued to date? Feb 10, 2015 History of Money, Banking and Finance The UK Faster Payments website says around 400 payment service providers access the system indirectly via sponsor banks—who are these providers and what level of access/service do they get? Feb 8, 2015 Domestic Payment Rails, National Switches and Clearing Systems What opportunities exist for U.S. or European startups within the remittances sector? Feb 5, 2015 Money Transfer Business and MTOs Why don’t developed countries like the U.S., U.K., and Australia have instant interbank transfers? Feb 1, 2015 Domestic Payment Rails, National Switches and Clearing Systems What is the typical pricing range for white-label card issuers? Jan 5, 2015 Card Networks and Card Issuing Why aren’t banks run as franchised businesses? Jan 1, 2015 How Banks Work Is it risky to share my account and routing numbers with an employer? Jan 1, 2015 Domestic Payment Rails, National Switches and Clearing Systems Is it normal for USD transfers within the EU to take around four days? Dec 8, 2014 Sending and Receiving Money Abroad How can I find a payment processor in the UK for third-party (brokered) transactions that isn’t PayPal? Dec 6, 2014 Merchant Accounts, Processors and Gateways Does TransferWise build direct banking relationships in each country or rely on backend networks like Earthport? Dec 3, 2014 Sponsor Banks, FBO Accounts and Banking Access for Fintechs and MSBs If I sell Bitcoin online on a recurring basis (for example using PayPal or Stripe), do I need to register as a money services business? Nov 8, 2014 UK and EU Licensing, EMIs and Payment Institutions Money Laundering: What do sanctions regulations say about receiving funds from Sudan into the UK? Sep 11, 2014 Sanctions, Embargoes and Screening Does a money-transfer company have to register in the sending country, the receiving country, or both? Aug 1, 2014 Money Transfer Business and MTOs How can an Indian citizen open a bank account in the U.S., UK, or another country? Jul 12, 2014 Opening Bank Accounts, Personal and Business In which countries does PayPal offer its full feature set rather than acting only as a simple payment gateway? Jul 5, 2014 Payments (General) What are the main challenges involved in transferring money across borders? Jun 12, 2014 Money Transfer Business and MTOs