Calling for more action: The state of transparency in the UK
"One of the most important factors leading to high remittance prices is a lack of transparency in the market. It is difficult for consumers to compare prices because there are several variables that make up remittance prices."
We are a global campaign led by Wise striving to bring transparent pricing to international payments to help achieve the UN Sustainable Development Goal of reducing remittance prices below 3% by 2030. We have a long way to go. The UK's average cost of sending remittances abroad is 6.3%.
The Nothing to Hide is a hub for individuals, businesses and policymakers where you can:
Help make price transparency the norm. Join the fight and help change the law!