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A four-year-old boy in London battling leukaemia urgently needs a lifesaving stem cell donor.

A film focusing on Ghanaian migration will be screened in London on 27th January 2016.

Do you work in the UK and send money to home abroad? If you use money services regularly, are you sure you’re getting your money’s worth? Have you really found the cheapest way to send money abroad? It is important to look at all the options available, so that your hard earned money is not being spent on a bad remittance service. Here are 5 signs that you may be wasting your money on Transfer Services when transferring money from the UK to your country:

1. You do not know what an Exchange Rate Margin is

Banks have an ‘official rate’ for trading, otherwise known as a inter-bank rate but each transfer operator applies their own rate when exchanging your currency. The difference between the official rates and the applied rate could be as little as 0.001 cent per unit, but remember not to underestimate that because it can cost you dearly once you multiply it by how much you’re sending.

2. You always rely on INSTANT money transfer services

Do you really need to send money instantly?

An instant transfer from the UK to your country will cost a larger transfer fee and an exchange rate fee, for example if transferring through Western Union. If you opt for next day transfer, the transfer fee will be cheaper and the exchange fee will remain constant. Just imagine how much money you’re losing if you use instant money transfer services regularly.

3. You believe you can find a deal with Zero Transfer Fees

Zero Transfer Fees don't exist. Banks and transfer operators do not do free transfers. You think you are getting the best exchange rate from the UK to your country, but whatever they don’t charge as a ‘fee’ is recovered—sometimes as much as three times more— through high currency exchange rate margins.

As a consumer, the best thing you can do is equip yourself with information so you know what’s actually going on and so you don't waste your money on phony advertising claims.

4. You have not changed money transfer services in many years

You might always use MoneyGram because they have branches near you. But have you considered what the cost of that loyalty?

Because you haven’t checked other options, you may not know that there are cheaper, faster or more reliable money transfer operators around.

It’s hard to entrust your money to a company you may not know. To get over your doubts, try sending a small amount first. See if that works. Then you can see whether it’s worth switching or not.

5. You have not compared the rates

Not all remittance services are the same. Their rates, reliability and their service fees will vary so it’s wrong to assume that one is just as good as the other.

 

Migreat in partnership with TawiPay has a free money transfer comparison service that enables you to find the cheapest way to send money abroad

Three of Asia’s wealthiest people will be honoured at The Asian Awards in London on 4th April 2014.

Ahmed Kathrada, one of Nelson Mandela’s closest friends and former Robben Island prisoner will receive the prestigious Founders Award at The Asian Awards in London on 4th April 2014.

Teenage activist Malala Yousafzai has been honoured with the number one spot on the GG2 Power List 101.

The Power List was recently unveiled in London at a gala event attended by the Deputy Prime Minister Nick Clegg.

festivalasia

FestivalAsiaLondon’s largest indoor festival covering all Asian countries is for the first time ever, in the UK at Tobacco Dock, London on May 15th-17th 2015.

With over 150 exhibitors over the course of three days, the pioneering FestivalAsia will incorporate Asian food, fashion, spirituality, art, music, performance, culture, artefacts, massage stalls, yoga vendors, henna artists, clothes, spices, meditation rooms, and even speed-dating!

The unique focus of FestivalAsia’s embraces the diversity of all Asian Cultures from many of the 29 countries making up the continent.

Festival Asia takes place at Tobacco Dock, London, E1W 2SF. Nearest stations are Tower Hill, Wapping or Shadwell.

You can purchase your tickets in advance on the FestivalAsia website.

A community organised campaign against Female Genital Mutilation (FGM) will be held on 28th January 2015 in Hillingdon.

Bail for Immigration Detainee will host in London a conference on the consequences of the legal aid cuts.