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Millions of euros from Russia to Britain, via Cyprus

Russian authorities ask through Interpol for details of the bank accounts and offshore companies of Russian tycoon Alexander Shchukin The activities of Russian oligarch Alexander Shchukin have thrown Cyprus into the whirlpool of international media. According to media reports, the Russian Authorities have asked, through Interpol, for details of Shchukin’s bank accounts and offshore companies, through which some €500 million ... Read More »

What you need to know about Seven Day Switching

From the 16th September this year all UK current account customers have been able to switch current accounts between banks in seven days. The seven day switching scheme was introduced by the Payments Council and guarantees that consumers can switch between accounts in seven days in a bid to encourage more competition between a sector that is dominated by just ... Read More »

An Introduction to Forex

While many people are looking to tighten their belts in the current economic crisis, there are others who are pursuing an alternative route; they are making additional money. One of the most popular methods of earning when you’re not at work is by trading on the forex markets. You may or may not have heard of forex, but all it ... Read More »

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