Five budgeting myths you should not fall for
Budgeting does not mean cutting costs to the absolute minimum or making yourself feel bad for every purchase...
Tag : money
Knowing A to Z of Mutual Funds
by WebAdmin
As mutual funds hold different market securities, the shareholders also gain on the diversification front...
Top 5 tips for hedging strategies
Rehan Ansari, head of currency hedging at Caxton FX gives us his top five forex tips...
Deutsche Bank fined for laundering $10 billion for Russians
The German bank has been hit with a $629 million penalty in the US and UK IFM Correspondent February 1, 2017: Germany’s Deutsche Bank has been hit with a $629 million penalty in the US and UK over a $10 billion money laundering scheme that involved its branches in Moscow, New York and London. The...
India demonetises currency to move away from cash
But this is not the first time a country has opted for demonetisation IFM Correspondent November 11, 2016: In a move that came as a shock, the Indian government banned currency notes of 500 and 1000 denomination rendering them worthless at November 8 midnight. The measure was taken to control fake currency notes and unaccounted...
India withdraws high denomination currency overnight
Aims to counter corruption, counterfeiters and people who avoid taxes IFM Correspondent November 9, 2016: Most of India is confused and in a state of panic after Prime Minister Narendra Modi announced on November 8 that 500 and 1000 rupee notes will no longer be accepted as legal tender. They will be replaced by new...
Tramonex selects Saxo Payments for cross border transfers
Low fees, quick transfer times and leading FX rates benefit customers of international cash management solutions provider September 15, 2016: Tramonex, the international financial services provider, has partnered with global transactions services provider, Saxo Payments, for segregated client accounts in 25 currencies, and FX liquidity. As part of Tramonex’s vision to shift away from classical...
Blackburn tops money transfer league in UK
Xpress Money highlights the most popular money transfer corridors in and out of the UK June 14, 2016: Blackburn is the money transfer capital of the UK, according to data from global money transfer experts Xpress Money. The company analysed transactions from thousands of UK customers over one month in 2016. Over double the amount...