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Our flat rate transfer fee is now a thing of the past.
UKForex customers can enjoy worldwide money transfers with a £0 transfer fee. No gimmicks, no catch.
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We are pleased to announce that you can now use your debit card to send GBP (£) with UKForex.
Simply log in and book a transfer like you usually would – and a ‘pay by Debit card’ button will appear.
United States Dollar:
The GBP was trading within its new normal ranges as it has been most the week and then Carney came out confirming that the worst is still unseen. We were reminded of the far reaching consequences of Brexit and the GBP fell considerably. The most notable comment came from the confirmation that an interest rate cut may be on the cards for summer. The most likely date appears to be August the 4th when the MPC meets. Whilst this was not much of a surprise it hit the pound hard and further depreciation was seen. The GBP fell to 1.1940 against the EUR. The drop in currency turbocharged the FTSE 100 and pushed gilt yields to record lows. Further political announcements shocked the market with the announcement that Michael Gove had failed to inform Boris Johnson of his decision to stand for PM. Some are calling it “midnight treachery” and “political assassination”. George Osbourne has been named as co-conspirator though the claim has been ... read more
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