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United Kingdom · Question · Written question

UIN 25948

Bureaux de Change: Fees and Charges

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

27 June 2022

Last action

30 June 2022 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

30 June 2022

Summary

To ask the Chancellor of the Exchequer, if he will take steps to review the adequacy of the transparency of exchange fees charged to UK consumers by foreign exchange services.

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Timeline

  1. 27 June 2022

    Written question

    To ask the Chancellor of the Exchequer, if he will take steps to review the adequacy of the transparency of exchange fees charged to UK consumers by foreign exchange services.

    Source: Commons

  2. 30 June 2022

    Answer

    The Government recognises the importance of transparency of fees and charges in ensuring effective competition between payment service providers. Where currency conversion is provided as part of a payment transaction, the Payment Services Regulations 2017...

    Source: Written answer

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