The pound collapsed on Friday as markets were rattled by the contents of UK Chancellor Kwasi Kwarteng’s mini-budget.
So, what did the results reveal?
Well, for starters many of our customers said that their currency transfers had been affected by Brexit - unsurprising given the sharp drop seen in Sterling since the EU referendum.
However, it hasn’t put everyone off moving their money, with only 50% of respondents delaying a currency transfer because of Brexit.
Check out our infographic for more insights…
If you’ve got a currency transfer coming up and would like to talk through your options please give us a call on: +44 (0) 20 7847 9400
Alternatively, log in to your account to check live exchange rates, set rate alerts and make 24/7 transfers.
Currencies Direct is one of Europe's leading non-bank providers of currency exchange and international payment services. Since we were formed in 1996, we've maintained our focus on providing innovative foreign exchange and international currency transfer services to corporations of all sizes, online sellers and private individuals. We have also expanded our services to provide dynamic and pioneering "business to business" solutions to help companies, tier 2/3 banks and other non-bank financial institutions to process their international payments. Our headquarters are in the City of London (United Kingdom) and we have operations in continental Europe, Africa, Asia, and the United States. Currencies Direct is jointly owned by private equity firms Palamon Capital Partners and Corsair Capital.