why should we send money to UK after Theresa May’s article 50?

Theresa May’s article 50 is officializing the Brexit. England is going out of the Europe. It also means that UK is going to be financially weaker. Therefore making money transfers to UK is going to make sense. I’m not speaking about gambling because the goal is not to. The goal is about investing money where it’s the most interesting. And investing money in countries which are rich but have a weaker currency is a very good opportunity. It’s becoming an opportunity to invest in the UK.

Theresa May’s article 50 is going to make the GBP weaker.

The GBP is going to be weaker that’s why we will have advantages in sending money to the Uk. When I say we I’m not talking about Brits but more effectively about Europeans or even internationals all over the World but in the UK. Indeed the GBP has never been weaker than currently. It results in more investments in London and English cities, among others.

So the exchange rates are going to not be in Brits’ favour. And the pound is going to be less powerful than in the past. Therefore the wealth of English people is going to be lower, resulting in changing the power relationship between Europeans and British people. Especially when I’m talking about Spain, South of France and Portugal…


For which reasons are we going to send money to the UK in the future?

There are many reasons to transfer our money (Euros or dollars) in the UK in the future. First because the economy is a good one and the government is (quite) smart. Second because there are those financial markets based in London that have a good ROI. Third because we might want to invest our money in the UK by basically both betting that UK is going to re-gain power over time and buying houses and goods there, profiting from a better Euro/Dollar.

On top of that, it might be smart for a Brit to go work in the US and send money back to UK on a regular basis. The increase in salary is going to be added to the increase in the exchange rate. Smart choice. A lot of money for opportunistic guys.

I’m sorry about the fact that Brits are going to be less rich compared to the rest of the world. On the other hand they are going to stay quite wealthy compared to so many countries that we shouldn’t complain. Theresa May’s article is going to make people change in their international behaviors but not on the daily life in the UK. Peace in mind.

I want to send money to Brazil, what are the solutions?

You are working/living in Brazil and you need to send money there? Or you are a Brazilian person based abroad? Here is the right place for you to discover what are the solutions to send money abroad, especially for the case of transferring money to Brazil. From Rio to Sao Paulo, we have the solutions covered in this article. The first question is not the easiest it’s about what kind of solutions exist on the market. The second is more about how to choose one of them.

What kind of solutions exist on the market to send money to Brazil?

I would say there are many different kind of operators able to transfer your money to Brazil. It depends on the country from which you send money. For example if you send money from India to Brazil it’s almost impossible because it’s almost impossible to send money from India (because of government’s regulations), However another example is sending money from Portugal to Brazil. This case is much more common as there are numerous Brazilian people in Portugal and many Portuguese are also currently living in Brazil.

So there are many needs and what about money transfer solutions?

The operators are different kinds: there are currency exchange brokers sending bigger amounts, banks sending all amounts for huge costs and online money transfer services sending small amounts. Those 3 categories are the one to look at even thought looking at your bank’s rates is just a loss of time because they have no idea how much it costs. The only thing banks know is that they are going to screw you. However your bank contact usually has no idea about this.


How to choose the best operator to send money to Brazil?

It’s almost impossible to choose an operator to send money to Brazil because there are hundreds of services. All of them claim to have good rates but at the end the differences when you receive money are going to cost you a lot. I suggest to use comparison services to be sure which solution is the best one. Actually the problem is you can’t choose one solution and keep using it over time because this last solution is going to increase the fees it takes. No trust. Do not be screwed. Be ready to use a different operator each time you need to send money. It’s worth it.

There are 3 types of money transfer services to send money to Brazil: Banks, Brokers and online services (fintech). To choose among them you have to be ready to change every month if you are a regular sender because none of them is trustable. Use a comparison service. Hope it helps.

The best exchange rates to send money to India from Germany

Ich spreche Deutsch. Yes I speak German. Actually I’ve been living a few years in Germany and I had many opportunities to learn about the exchange rates from Germany to India (EUR-INR), especially because I needed to pay invoices and send money to India.

You too you need to send money to India. It’s not easy and here is why

Nothing is easy. Especially if we talk about money. Especially when there is a lot of money to be made. What is not easy about sending money in India is the fact that there are many solutions to transfer money from Germany. Around 50 big banks provide the service. 40 money transfer operators too. And 30 currency brokers, according to my findings. None of them is free and all of them are hiding fees inside the exchange rate. However if you take a look at their special deals there are ways to transfer money to India for less than 0.5% cost whereas it always cost at least 3.5% with banks. I would suggest to use online money transmitters because statistically they cost less. And also because money transmitters are not banks. They are safe but smaller. So they have to gain the trust of customers whereas banks’ interests in customers in only to take their money.


There is a way to find the best exchange rates from Germany to India. It’s quite efficient.

We all know that you are not going to find the best exchange rates at your bank. Neither at another bank. Banks are way too expensive because they need to survive and take as much money as they can. On the other hand online money transfer services are specialized in sending small amounts and they are quite efficient to send money to India. And currency brokers are specialized in sending larger amounts. They are providing quite good rates to transfer money to India.

It’s difficult to send money to India. Even more from Germany because there are many solutions and those solutions tend to hide fees inside the exchange rate. We need some transparency in this market and we have to consume ethically and carefully so that hidden fees might disappear in the future.

Send money to France at a great rate in 3 easy steps

There are more than 2 million French people living outside France. And there are more than 5 million foreigners living in France. It results in a huge need to send money abroad. Transferring money to France is not easy but there is a simple method to do it.


How to send money to France at a great rate in 3 easy steps?

  1. Analyse the exchange rate evolution (or get exchange rate notifications)
  2. Compare the best options to send money to France
  3. Make your transfer in a few minutes using the solution you chose

Here are the details.

1st step: analyse the exchange rate evolution before transferring money to France

Analysing the exchange rate is important because there are times when you can earn money and others when you can lose some. Sometimes it can make a huge difference depending on the percentage of recent exchange rates evolution. It’s efficient to look for an exchange rate notifications service because you won’t have to watch the exchange rates every 5 minutes during the day. It’s the first step.

2nd step: compare the best options to remit money to France

The second step is to simply make a comparison before using any service. Services sending money to France are numerous and apply very different exchange rates. There are more than 120 operators remitting money to France and they apply different fees. Banks are the most expensive. Brokers are efficient for big amounts but some of them are not. Online money transfer operators are good but they change their rates every hour. As a result we need to compare each time we want to make a transfer so that we get the best exchange rate for Euros.

So, first we need to watch the exchange rates and when there is a good opportunity we need to compare the best exchange rate providers.

3rd step: make your transfer to France

Once you did the first 2 steps there is only one thing missing. Choosing the option you prefer. Some of them allow to make online payments via credit/debit cards and others allow only bank wires. As a result the easiest way to send money to France is to compare the payment options and choose the solution you prefer. Then you just need to tell who is the beneficiary and make a payment.

Each time you need to send money to France it is wise to watch the exchange rate or get exchange rate notifications so that you do the transfer at the right time. Then you should compare the best solutions because none is the best all the time and their rates change every hour. Finally you do easily a transfer using a solution.

So many people need to send money abroad

Nowadays, more and more people send money abroad. Whether they are students studying abroad, expatriates working abroad or migrants living outside their home country.

How many people send money abroad ?

Today, according to the world bank, more than 250 million people live outside their homeland. Most, if not all, send money abroad either regularly or once from time to time or once when facing an urgent situation.


It seems that some countries are more concerned than others. India, Mexico and Russia were the 3 biggest emigration countries of the world in 2013. These 3 countries combined 38 million people living outside their homeland in 2013.

How do people generally send money abroad ?

Based on the different sources on this topic, it still seems that today, to send money abroad, 90% of the total amount sent is sent from cash to cash. This represents a total amount of 540 billion dollars for the year 2015. People usually refer to dinosaurs on the market such as Western Union or MoneyGram. The later usually take minimum 30 € for each 300 € sent !

The good news is that the 10% remaining is sent by via online solutions which are far cheaper. Plus, the online market is going to triple in the next 10 years. To send money abroad, people will be able to use simple and  parent solutions. This will enable them to save a lot of time and money on each of their money transfers.

Quick tips and tricks to send money abroad

In order to make sure you maximize the amount of money the receiver receives when you send money abroad, your ought to go through the 2 following steps:

  • First, check the exchange rate evolution for the currencies concerned by your transfer. You can save between 1 & 5% of the amount transferred by doing so ! Moneytis can provide you another free & very interesting tool
  • Second, make sure you compare all the solutions available before sending your money. This must be done each time you want to trigger a transfer as the best solution can change every day!

Best apps to send money abroad

Name anything today, you can almost be sure that there is an app for this. Good news for us, there are many apps that enable you to send money abroad. We have reviewed them for you and selected the best ones.


Best bank apps to send money abroad

Vemno: Probably the most popular app to send money abroad. So popular that there is even an expression for sending money via Vemno: “Vemno me!” Sending or receiving money has never been so easy with Vemno. You just need the recipient email or phone number. Note that if you use credit cards you’ll be charged 3%. The app automatically integrates your Facebook friends and phone contacts;

Bank of America (for US residents): Not only this app looks great but it also helps you save time when you need to send money abroad. Indeed thanks to the app you do not need to go to a branch anymore to make a transfer. The allows you to send money to anyone (non-customers as well) in a very secure way.

Best MTO apps to send money abroad


Transferwise is a peer-to-peer money transfer operator. It’s been created by one of Skype’s co-founder and is backed by Richard Branson himself. They charge very low fees on each transfer and claim to be 90% cheaper than any bank. The app lets you know how much money you saved using their service instead of your bank and is very easy to use. Note however that you will be restricted to send money abroad to Europe, USA and India.

World Remit

World Remit app is great in the sense that it allows you to send money abroad in many countries. They offer 110 destination and several ways to receive a transfer: mobile wallet, cash pick-up or bank account. The app is pleasant to use and secured by Norton, so pretty safe. It is a perfect choice for migrant workers.