An aerial view shows a boat near the harbour in Sal Rei at Boa Vista island, Cape Verde. AFP
An aerial view shows a boat near the harbour in Sal Rei at Boa Vista island, Cape Verde. AFP
A Russian Orthodox child looks at candles as he attends a Christmas service in Christ the Savior cathedral in Moscow. AFP
A Russian Orthodox child looks at candles as he attends a Christmas service in Christ the Savior cathedral in Moscow. AFP
Workers prepare rattan to dry for export at a workshop in Banda Aceh. AFP
Workers prepare rattan to dry for export at a workshop in Banda Aceh. AFP
Notre-Dame Cathedral in Paris, which was partially destroyed when fire broke out beneath the roof. AFP
Notre-Dame Cathedral in Paris, which was partially destroyed when fire broke out beneath the roof. AFP
A visitor rides an escalator at a shopping mall in downtown Bangkok. AFP
A visitor rides an escalator at a shopping mall in downtown Bangkok. AFP
Attendees play with foam during the Grand parade of the Blancos y Negros Carnival, in Pasto, Colombia. EPA
Attendees play with foam during the Grand parade of the Blancos y Negros Carnival, in Pasto, Colombia. EPA
A girl looks on as hundreds of people live in the Corail camp for the displaced by the 2010 Haiti Earthquake, in Croix Des Buquets, Port-au-Prince, Haiti. EPA
A girl looks on as hundreds of people live in the Corail camp for the displaced by the 2010 Haiti Earthquake, in Croix Des Buquets, Port-au-Prince, Haiti. EPA
A dead Koala is seen after bushfires swept through Kangaroo Island, Australia. EPA
A dead Koala is seen after bushfires swept through Kangaroo Island, Australia. EPA
AC Milan v Sampdoria - San Siro, Milan, AC Milan's Zlatan Ibrahimovic reacts after the match. Reuters
AC Milan v Sampdoria - San Siro, Milan, AC Milan's Zlatan Ibrahimovic reacts after the match. Reuters
People gather for the annual bonfire outside the Saint Sava church during the ceremonial burning of dried oak branches, symbolising the Yule log during the Orthodox Christmas eve celebrations in Belgrade, AFP
People gather for the annual bonfire outside the Saint Sava church during the ceremonial burning of dried oak branches, symbolising the Yule log during the Orthodox Christmas eve celebrations in Belgrade, AFP

World

World in focus - best photos for January 7, 2020

Take a look at some of the best images from around the world in the past 24 hours

The National

January 07, 2020

  • English
  • Arabic

More galleries from The National:

Qasimi at London Fashion Week: Sheikha Hoor's poignant tribute to her brother

One for Instagram: Dubai's first selfie museum is now open

The roaring boys: Lamborghini Huracan Evo fleet sweeps Abu Dhabi

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

While you're here
ENGLAND SQUAD

Eoin Morgan (captain), Moeen Ali, Jonny Bairstow, Sam Billings, Jos Buttler, Tom Curran, Alex Hales, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, David Willey, Chris Woakes, Mark Wood

While you're here
While you're here
Batti Gul Meter Chalu

Producers: KRTI Productions, T-Series
Director: Sree Narayan Singh
Cast: Shahid Kapoor, Shraddha Kapoor, Divyenndu Sharma, Yami Gautam
Rating: 2/5

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