An impressive recovery of USD against EUR but for a while

These days there was an impressive rise of the USD against the EUR currency compensating maybe one sixth of the whole fall of the Dollar in the last 1 year. That all came as a consequence after the statement of the financial adviser Yves Mersch who stated that the economy in Europe is about to stall for a while in the next month or two or even first half of the year, but that is just a potential analysis that is not guaranteed. Anyway, the levels of the EUR in NY last week were great for the USD as it first fell from 1.4833 to 1.4755 and finally to 1.4697. But after all we are expecting a general tendency of constant fall for the USD in the next 1-2 weeks as there are many important financial events in the United States and all trader's and transferrer's attention is there.

A whole bunch of new fund transfer types (insecure and expensive).

   Reading through the latest improvements and innovations in the field of money transactions I ran onto a whole bunch of innovative types of money transfers - some of them unpractical and useless (insecure, slow or expensive) and some of them very nice theoretically speaking.
   The first new type that caught my eye is the Mobile phone money transfer which sound ridiculous at first glance or hearing but makes some little sense after reading the explanation and understanding the whole idea. See, it is not that easy(and it cannot be, shouldn't be) to make international money transfer as it is to write an SMS, and as expected it involves some additional requirements. The system invented by WU requires everyone who wants to use it to have Mobile Wallet - an application interconnected with your bank account(through the very 'secure' mobile phone) and connected with the servers of WU in order to send or respectively receive money operating from your mobile phone. It is necessary to say that such application is supported only by the very-high class phones, you need to pay for the iNet used mobile, for the application that costs thousands of dollars and of course to pay the charges for the transaction. One, two, tree and you have paid one, two, three things more than if operating with your normal online banking or doing a wire/bank transfer.
   The second interesting type of transferring funds that some very 'smart' people have invented is about doing it from a Credit card machine along with your normal cash operations. Now see, here is the thing now a thief not only can get EUR/USD100-200-500 when you CC is being stolen, now he has the chance to transfer 10 times more into his/her bank account or CC. Nice?
   Our advice to you is to use the best conventional and cheap method when making money transfers - and it is Bank/wire method. First - it is cheap, as it does not involve many employees in the institutions. Second - it is fast - as it relies on point-to-point computer netwoks, And third - it is still the most secure method - as your money have insurance on them, and the fields of data guarantee that there cannot be mismatch in the bank accounts. So... enjoy with Transfermate.

Happy New Year , happy new transfers!

   Merry Christmas or merry whatever celebration you may had depending on your beliefs over the past 3 weeks along with the New Year we all celebrated. It is very very significant that Christmas brought a bunch of international money transfers with Transfermate. We have noticed that You, our great clients have raised the percentage of transfers made in December with 40% in comparison with previous months. We, the staff of the company, hope that we were helpful and serviced your need as completely as possible in order for the money to be sent or be received wherever you wanted them.
   As you may have noticed, we have inserted in the website a script making a banner floating over the site, offering a live chat help regarding the transfer services offered by our company. Whatever question comes up, that has not been answered in the FAQ section, an employee of ours will be glad to answer it and provide you with the information needed. Again, thank you for using TransferMate and feel free to make money transfers in 2008 too as you did in 2007.