Interdean Reviews Expat Technology for Managing Finance

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The international moving specialists at Interdean have looked into how British expats are embracing new technology platforms for managing finance.

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75% of respondents use social media and digital apps for practical purposes such as currency conversions.

The article, British Expats Embrace New Tech Platforms for Managing Finance, published 23rd September in, details the results of a study of 1 800 former UK residents living across more than 12 territories. It revealed that 75% of respondents use social media and digital apps for practical purposes such as currency conversions, with the majority (89%) claiming the technology has significantly improved their quality of life. A further 69% said apps and digital tools made their life easier to organise and manage and it was found that expats living in the US are the most tech savvy.

It was also revealed that 4 out of 5 expats belong to at least two social networks.

Having provided financial services to customers moving overseas for more than 50 years, Interdean are familiar with the challenges that some expats face when it comes to managing their bank and savings accounts abroad. Renowned for their worldwide money transfer service, the team were eager to share their views on the subject.

“We saw recently how modern technology such as Skype and social platforms like Facebook have helped expats around the world keep in contact with family and friends, and now it seems as though expats are taking advantage of similar tools when it comes to managing their finances. Here at Interdean our partnerships with financial service providers HiFX and Westpac allow us to offer services that cover overseas banking needs for destinations like Australia and New Zealand.”

Thinking of Moving? Think Interdean

Interdean helps families, expats, backpackers, travellers and students moving overseas. Established in 1958, Interdean provides moving, storage, shipping air freight, excess baggage, visa and immigration, and full relocation services to worldwide destinations. Interdean is FIDI FAIM PLUS accredited and has over 123 offices worldwide.

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Ampreet Sandhu
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