FCA: Consumer Duty: International payment pricing transparency – good and poor practice
01 May 2025 (UPDATED: 13 Mar 2026)
United Kingdom
1 min read
FCA states that it has seen differences in firms’ transparency on the cost of international money remittance and cross-border payments and has set out examples of good practices as to how firms communicate the cost of international payments. FCA notes that it is likely to undertake future work in this area to understand what improvements have been made by firms.