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UK Inflation Update May 2024

Both the Consumer Prices Index including owner occupiers’ housing costs (CPIH) and the Consumer Prices Index (CPI) witnessed a slowdown in their annual rates. CPIH rose by 3.0% in the 12 months to April 2024, down from 3.8% in March, while CPI rose by 2.3%, down from 3.2% in the same period.

Moving to Dubai from the UK – Everything You Need to Know

Thinking of relocating to Dubai from the UK? Whether you're just considering the move or have already secured that dream opportunity, this guide will provide you with everything you need to know to get started. From practical tips to essential information, we've got you covered.

US Inflation Update May 2024

In April, the Consumer Price Index for All Urban Consumers (CPI-U) in the United States rose by 0.3 percent on a seasonally adjusted basis, following a 0.4 percent increase in March. Over the last 12 months, the overall index rose by 3.4 percent before seasonal adjustment.

What is “FAST”?

The "FAST" payment system implemented by the Central Bank of the Republic of Turkey (CBRT) streamlines electronic fund transfers in Turkish lira (TRY), allowing for near-instantaneous transactions between participating banks and financial institutions. This system enhances the efficiency and speed of domestic payments within Turkey.

What is Dataclearingen (DCL)?

Dataclearingen (DCL) serves as an infrastructure primarily utilized for credit transfers, money orders, and cheques in Sweden's financial ecosystem. Established in 1975, Bankgirot has taken on the responsibility of operating and managing DCL on behalf of its owner, the Swedish Bankers’ Association.

What is Transfond “SENT”?

SENT (Short for "Sistemul Electronic de Plati Tranzactionale") is a robust electronic payment system designed for the swift and efficient clearing of small-value interbank payments among participating institutions in the Romanian Leu (RON), as well as other currencies such as the Euro.