BREAKING: Money transfer companies limiting amounts that can be transferred on 11th December

TPN can reveal that sites such as Transferwise are limiting the amount of money that can be transferred in and out of the UK to £10,000 on the 11th December, the day Parliament will vote on Theresa May’s Brexit deal.

Transferwise is an Estonian developed and UK-based money transfer service, where users can use their cards and send money abroad for a small fee, much lower than that of mainstream banks.

The company are expecting volatility and markets could tumble if Parliament vote down the deal, Mark Carney last week warned that their would likely be a run on the pound.

More follows.


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