While we Brits are often thought of as ‘home birds’, data has shown that this is not always true and many of us are choosing to spread our wings and move overseas.
Friends and family members still in Blighty have their share of decisions to make to and one of the most important is over how to continue to offer financial support and send money online to overseas companions.
Where are Brits moving to?
In July 2014, a United Nations report revealed that a staggering 5 million Britons were living abroad.
This is up 23% on 1990’s figures with 3.2% of the world’s total population now living in another country to the one they were born in. For Brits, countries including Australia, USA, Canada, New Zealand, Spain, Ireland, Germany and Italy are the most popular choices to move to.
How can you make a money transfer online?
No matter where your friend or relative has moved to in the world, there is likely to be a time when you need to help them out financially. But how can you do this?
You can process a money transfer online via a variety of sources but you need to know what to look for to find the best option first. Aside from the obvious points of security and speed you should always make note of the following: