Electronic money transfer: hardwiring success | Practical Law

Electronic money transfer: hardwiring success | Practical Law

The worldwide demand for money transfer services has sustained consistent 10% annual growth for the last 15 years. Where such a consumer demand exists, there is a potential opportunity for businesses. However, any business looking to offer its customers a money transfer service from the UK will face a combination of legal, technical and practical challenges.

Electronic money transfer: hardwiring success

Practical Law UK Articles 1-422-4190 (Approx. 4 pages)

Electronic money transfer: hardwiring success

by Stuart Clout, Tesco Stores Limited, and Andrew Joint, Barlow Lyde & Gilbert LLP
Published on 24 Aug 2009United Kingdom
The worldwide demand for money transfer services has sustained consistent 10% annual growth for the last 15 years. Where such a consumer demand exists, there is a potential opportunity for businesses. However, any business looking to offer its customers a money transfer service from the UK will face a combination of legal, technical and practical challenges.