Foreign Exchange

(asked on 30th June 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will publish the results of the research commissioned by his Department on the effect of current pricing structures used by foreign exchange providers on consumer value choices.


Answered by
Steve Barclay Portrait
Steve Barclay
Secretary of State for Environment, Food and Rural Affairs
This question was answered on 5th July 2017

In its Answer of 18 April 2017 to Question 69488, the Government stated that it was conducting research on the effects of transparency in overseas money transfers (involving foreign exchange), on consumer decisions. This research will help to inform the Government's response to the consultation on draft regulations for the implementation of the Second Payment Services Directive. This response will be published shortly.

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