GlobalWebPay Money Transfer

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GlobalWebPay Money Transfer

The trusted way to make personal, charitable and business payments internationally from the UK.

• Highly competitive exchange rates
• Service available 24x7
• £4.75 fixed fee per transaction for any size
• Fund using debit card or bank transfer for larger amounts
• Fast service: if your funds arrive by 12:00 midday, transfers arrive next day
• Allows money transfer to more than 35 countries using over 15 currencies
• Simple fast and free registration process
• An impressive support team, available whenever you need help

21/08/2026

The gig economy was around long before COVID but it really took off post-pandemic as many companies realised they didn't necessary need to have their employees on site or even in the same country. This revelation proved particularly beneficial for SMEs who found they could now hire a highly skilled international resource on a contract basis, as and when needed, often at less than it would cost to employ the same skills locally.

Because of the nature of freelancing producing accurate numbers of people engaged in the gig economy is near impossible. The World Bank estimates the global online gig workforce to be between 154 million and 435 million people, depending on definition. Numbers may well be much higher.

Tracking of businesses that employ international or cross-border freelancers in the UK is similarly non existent. However, official data does shows that roughly 25% to 50% of the UK's 5.7 million plus small and medium-sized enterprises actively make use of freelancers and flexible contractors to tap into global remote talent pools.

Finding the best international talent has never been easier. And paying them from the UK is just as simple with GlobalWebPay.

📱💻 Check out our website for more details.

14/08/2026

Work from home policies and hybrid working arrangements have been around for several years now. Yet the debates about remote work, hybrid work and in office work still rage on with most of the discussion centering around productivity, performance and employee motivation.

Return to office mandates recently became a red hot issue for staff at Barclays as the bank announced its plans to increase mandated office attendance for all employees from October this year.

This follows the bank’s tightening up on work from home arrangements for employees across its global offices last month.

The latest changes are expected to affect around half of Barclays 45,000 staff in the UK, including those in operations and technology functions. Staff are unhappy with the proposed change and have raised this with their union, Unite.

The bank’s new rules are in line with moves by other European peers, including HSBC and Santander, which are stepping up mandated office attendance.

TSB staff have threatened legal action against new owner Santander over its plans to bring staff into the office three days a week, after the Spanish lender told TSB employees in June that they must attend the office on a stricter basis from next year.

While further afield similar moves by Bank of America suggests that traditional banks are eager to restore pre-COVID working arrangements despite hybrid solutions proving to be largely successful.

Is this the right approach or a retrogressive step by out of touch leadership?

13/08/2026

Sometimes just a few words can say so much ...

06/08/2026

HSBC's announcement of £14.5 billion pre-tax profit for the first 6 months of 2026, 23% higher than the same period last year, comes amid renewed calls for the UK Government to raise tax on bank earnings. Profits rose 60% year on year in the 3 months ending 30 June, with the bank raking in £7.5 billion during the 2nd quarter of 2026.

The UK's other three largest lenders, NatWest, Lloyds and Barclays, celebrated similar results in what looks to be a bumper season for big banks. Collectively they, together with HSBC, generated £29.2 billion in profits over the first 6 months of this year, with almost half, £13.7 billion pledged to investors through dividends and share buybacks.

While pressure mounts on Government to increase the corporation tax surcharge on banks from 3%, where it currently stands, HSBC Group chief executive Georges Elhedery defended their position saying that "UK growth needs strong banks".

If you use your UK bank to send money abroad perhaps now is the time to consider an alternative international payment service like GlobalWebPay.

31/07/2026

A defining moment in the evolution of Open Banking in the UK was achieved recently as the ecosystem passed the one billion payments mark as well as surpassing 100 billion API calls across the CMA9 institutions.

The UK was one of the earliest large markets to implement Open Banking at scale, following the establishment Open Banking Limited (OBL), formerly known as the Open Banking Implementation Entity (OBIE), in 2016. The body, funded by the CMA9 group of banks and building societies: AIB Group, Bank of Ireland, Barclays, HSBC, Lloyds, Nationwide, Northern Bank, NatWest and Santander; is responsible for creating and managing the standards, security, and governance for open banking.

Data from Open Banking Limited also showed record monthly API traffic of 2.81 billion calls in June and 40.16 million Open Banking payments during the month. Average response times fell to 349 milliseconds, while weighted availability reached 99.80%.

Acknowledging these achievements, Henk Van Hulle, CEO of Open Banking Limited, said:

“These milestones reinforce the UK's position as a global leader in Open Banking and demonstrate an ecosystem that continues to scale in both volume and capability. As adoption increases and new use cases emerge, Open Banking will play an increasingly vital role in supporting competition, innovation and growth across the UK's financial services landscape.”

Ron Kalifa, former CEO of Worldpay, however, cautioned in February that the UK is losing its leadership in open banking, having “laid the rail track, but hesitated to run the trains”, and now risks falling behind countries such as Brazil and India.

It will be interesting to see how Open Banking Limited choose to build on these successes.

24/07/2026

The competition to acquire UK challenger bank Aldermore is heating up with the recent revelation that Metro Bank is in the early stages of considering whether to make a formal offer for Aldermore, a mortgage and business lending specialist.

Founded in 2009 and headquartered in Reading, UK, Aldermore is currently owned by South Africa's FirstRand Group who acquired them in 2017 for £1.1 billion. FirstRand announced in April that Aldermore was being put up for sale as a result of a motor finance scandal that looks like costing FirstRand around £750 million in compensation payouts.

Metro Bank shares rose 3% on Tuesday following reports of them exploring a possible merger with Aldermore which could create a combined entity valued at approximately £2 billion.

Other parties considering offers include the Lloyds Banking Group and the Shawbrook Group.

23/07/2026

To tax or not to tax, that is the question ... or at least it appears to be one for incoming UK Prime Minister Andy Burnham.

Downing Street’s newest occupant, its 7th in 10 years, is under pressure from Trade Unions to tax wealth and reverse the previous Conservative government’s cut to the bank surcharge.

On the other side of the table you have business leaders like Jamie Dimon, CEO of the world’s biggest bank, JP Morgan, who said in May that he could scrap plans to build a £3 billion, 279,000 square metre Canary Wharf HQ if Keir Starmer were replaced by a new Labour prime minister who was hostile to banks.

Speaking on the Master Investor Podcast with Wilfred Frost last week, Dinon said :

“If you have an uncompetitive tax system, capital leaves your country. And if capital leaves your country, it goes to other countries. And you see that now. You see, what is it? How many companies have delisted from London in the last couple of years? I wouldn’t want to see that if I was running a country.”

A change of political leadership often brings with it uncertainty and in time the wider consequences (whether positive or negative) of that change will become apparent.

16/07/2026

Thought Leader and Growth Expert Lincoln Murphy once defined Customer Success as being "when your customers achieve their Desired Outcome through their interactions with your company". Desired Outcome, he expanded, is "what your customers need to achieve (their Required Outcome) and the way they need to achieve it (their Appropriate Experience)"

Businesses use various metrics and tools to measure customer success but often your Trustpilot reviews can give you a surprisingly good insight into where you are in terms of delivering customer success.

10/07/2026

In the early hours of Monday morning the European Central Bank's T2 payment system, which processes trillions of euros in daily transactions, suffered an outage that delayed settlement in euros and Danish crowns. Although resolved in under an hour this was the second such outage in the space of a week. The system had previously suffered a similar disruption on the morning of 29 June.

According to a spokesperson for the ECB both outages were caused by a recent software update which had "introduced an issue ‌that has now been addressed".

Last year a hardware failure caused T2 to shut down for seven hours, delaying salaries and welfare payments for thousands of people in the euro zone as well as affecting some financial market transactions.

The people responsible for maintaining uptime of such a critical system must have sleepless nights, if indeed they sleep at all.

03/07/2026

Wednesday marked the beginning of the end for an iconic 173 year old UK banking institution when the Lloyds Banking Group confirmed its plans to phase out Halifax as a standalone brand. The move is said to be part of a long running push by Lloyds to simplify the branding between its Halifax, Bank of Scotland and Lloyds divisions.

Halifax, one of the most recognisable and historic lenders on the UK high street, was set up in West Yorkshire in 1853 to address housing shortages at the height of the industrial revolution as workers migrated into small towns across England. In 1928 it became the largest building society in the world when it merged with a rival. Having demutualised in 1997, Halifax eventually became part of the Lloyds Banking Group 12 years later but retained its own identity and branch network.

The group, which currently has 531 branches overall, will start rebranding the 190 Halifax sites from early 2027. According to Lloyds no branches will be closed or jobs lost as a result of the changeover, although that remains to be seen in the long run.

No new accounts will be opened under the Halifax brand and the process of transitioning existing accounts to Lloyds will kick off in the coming days.

This move has proved particularly controversial in the West Yorkshire town from where the brand derived its name and it will interesting to see whether Lloyds' consolidation strategy will ultimately benefit or hurt the group.

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