21-06-2016 23:09 via uk.news.yahoo.com

Money transfer site Transferwise to suspend service during Brexit vote

(Reuters) - Transferwise said it will suspend pound transfers on Thursday in anticipation of currency volatility caused by Britain's referendum on European Union membership. The London-based money transfer website will resume its service when the referendum results are announced on Friday. The vote on whether Britain should remain in the 28-member bloc is too close to call, according to recent polls, and uncertainty about the outcome has driven trade in sterling since late last year.
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