How WeSwap works in 103 seconds
Posted in General, In The News, Videos
Tagged bee animation, exchange money, how WeSwap works, weswap video
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Do you know how much it costs to use your debit card abroad?
Nowadays, it’s become commonplace for people to use their credit or debit cards to withdraw cash and spend money abroad . In 2010 £7 billion was spent overseas using UK debit and credit cards – up from £2 billion in 2000, according to the UK Card Association. Whilst the convenience of using your standard debit…
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Posted in General, Travellers
Tagged Card charges, hidden charges, saving abroad, travel money
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A weaker currency – is it all bad news?
A weaker currency – is it all bad news? The British Pound has been in the news a lot over the last few days. Its value has declined following the news that the Bank of England Governor, Mervyn King, voted to increase the size of its quantitative easing programme. Without going into the ‘how’s and…
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Posted in General, In The News, Travellers
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Romance in Paris on a Budget
Paris on a budget. WeSwap might be in the business of saving you money when you’re abroad, but budget doesn’t have to be barrier to love… So with Valentine’s approaching we asked Meliane, our French community manager, to share some ideas on how to have un séjour trés romantique in Paris without breaking the bank….
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Posted in General, Student, Travellers
Tagged cheap things to do in paris, paris on a budget, paris trip, Valentine's in Paris
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Foreign Exchange – What’s your money really worth?
Here at WeSwap HQ we’ve spent an awful lot of time comparing rates and trawling through the terms and conditions of travel money products. We’ve come to understand that foreign exchange seems to be about keeping people in the dark. Poor exchange rates, high commissions and a host of hidden charges mean it can be all too easy…
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Posted in Business, General, Student, Travellers
Tagged commission, comparing rates, foreign exchange, hidden charges, transparency, travel money tips
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Banks – The balance of power is shifting
Andy Haldane, an executive director of the Bank of England, has suggested that person-to-person lending services may well replace traditional bank lending. Although this is not directly relevant to WeSwap and travel money, it is interesting that someone in such a senior position in the UK’s central bank is advocating person-to-person finance so strongly. The interview…
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Posted in Business, General, In The News, Travellers
Tagged fincance, peer to peer currency
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Understanding How The Foreign Exchange Market Works
Want to see the full infographic? Just click on the image and find out how the Foreign Exchange market works. The concept of exchanging one currency for another seems simple enough, but understanding who’s actually involved and what determines an exchange rate is a little more complicated. By the time you try to figure out…
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Social Currency
Social Currency. What do we mean by that? Well, it means different things to different people, and that’s definitely part of its attraction. One thing it makes me think about is that our lives are fundamentally pretty social, and that technology is helping to broaden and strengthen those social connections. We do lots of things socially, but one…
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Posted in Business, General, Student, Travellers
Tagged cheap currency, saving abroad, social currency, travel money
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