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Tertiary sector in Czechia

Tertiary sector in Czechia

The Czech Republic is a country with second lowest unemployment rate in the EU (the first being Germany) while it has the second lowest share of service sector in the overall economic output (this time the first being Romania). In other words, approximately 60% of employees work in services in the Czech Republic, whereas the
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Struggle no more! A simple guide to address verification with MoneyPolo

Struggle no more! A simple guide to address verification with MoneyPolo

In our previous posts, we discussed why verification matters for you as a customer, and for us as your money transfer service provider. Now, it is time to clear up any mysteries regarding verification documents. While personal identification is pretty straightforward – in most cases all you need is a scan of your national ID
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Brexit – what will be the economic and financial consequences?

Brexit – what will be the economic and financial consequences?

The day when Brits will decide whether they want to remain members of the European Union is approaching rapidly. If they choose the so-called Brexit on 23th June, several months of negotiations with Brussels will begin, which would make Great Britain independent sometime in 2017. What would the departure mean to Britain and how would
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Registration with MoneyPolo – How verification Works

Registration with MoneyPolo – How verification Works

Opening an account with MoneyPolo is easy, quick and beneficial. Initial registration is made on our official website, where you will be asked a set of basic questions. After this you will receive several emails from us that will guide you through the entire verification process. You won’t ever be left wondering what to do
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Customer Identification: How it works and why it matters

Customer Identification: How it works and why it matters

If you have ever tried to register an account with us, you might have noticed that we ask for identification documents, just like any other financial services company in the financial industry. But, have you ever wondered exactly why all online banks, financial institutions and money transfer companies require real documents from you, while most
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The decline of cash in Europe…

The decline of cash in Europe…

Step by step, haléř coins with higher and higher value were withdrawn from circulation until they were eradicated completely. Similarly, one and two koruna coins slowly lose any meaning and five koruna coins are only good for shopping carts. On the other side, there is a Masaryk banknote, which is so big that it won’t
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Bitcoin review – Most interesting news of January 2016

Bitcoin review – Most interesting news of January 2016

This year MoneyPolo will be focusing on innovations in the field of digital currency, Bitcoin, and new blockchain technology. Innovations in money transfers and new payment processor projects and providers also won’t be overlooked. IMF and European Parliament are interested in digital currencies and technologies. Bitcoin and its technology is no longer just a matter
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Predictions for Global Economy in 2016

Predictions for Global Economy in 2016

According to the International Monetary Fund’s estimate, the world’s GDP will be growing in 2016 and it will be a pleasurable change by 3.6% on average. It is an improvement by approximately one half of one percent in comparison with the previous year, generally speaking, however, it can be assumed that the richer a state
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