Thursday 19 April 2018

I love Brexit to bits ... and I've developed an addiction to currency gambling

After opening an online bank account in sterling, Pat Fitzpatrick learns he has developed an addiction to gambling on the currency markets

Britain's Foreign Secretary Boris Johnson Picture: Eddie Keogh
Britain's Foreign Secretary Boris Johnson Picture: Eddie Keogh

Pat Fitzpatrick

I downloaded a new app recently and ended up addicted to foreign exchange. The app in question is Revolut, a recent addition to the electronic-banking world. One of its founders is a Russian-born investment banker, who worked in Lehman Brothers before it went bust. That only seems dodgy until you consider the recent history of our own banks.

Revolut gives you a virtual current account with zero foreign-exchange fees. It might be of interest if you travel a lot, or get paid in a currency other than euro. But that's not why I was interested in it.

Cheap holiday

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