Bitcoin: What is Bitcoin?

Table of Contents What is Bitcoin? Bitcoin is the first decentralized digital currency. The management of transactions and the issuance of bitcoins is managed collectively by the Bitcoin network and its users. Therefore, it has no central bank or single administrator. Bitcoin is the first digital-only money. The symbol for bitcoin is BTC or XBT. …

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The Ultimate Guide to International Money Transfers

What is an international money transfer? As the name sounds, an international money transfer is simply the sending of money from one country to a different country. If you’ve recently become an expat or you are expanding your business internationally, you’ll need to complete an international money transfer. Historically, international money transfers usually involve many …

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Best International Money Transfer Apps

With an increasingly globalised world, there has been a growing need for international money transfers. As such, many financial service companies specializing in international money transfers have sprung up to meet this need. These international money transfer companies focus on making international money transfers affordable and convenient for users. They also offer these distinct advantages …

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SWIFT Code Explained

1. What is a swift code? A swift code (or BIC code) is a unique alpha-numeric (letters & digits) code used to identify the bank, branch & country a bank or financial account is registered in. When transferring money internationally, you will need your recipient’s swift code so that money goes to the right account. 2. Why are …

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Swift code format explained
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