Hard Brexit May Hike Transfer Costs, Bank Scams, UK Says

Law360, London (January 8, 2019, 12:31 PM GMT) -- Payments received by U.K. businesses from credit cards issued by European Union banks are likely to become costlier if Britain leaves the bloc without a transition deal, the British government warned on Tuesday.

British consumers and businesses could be hit by delays and extra expense when they deal with European companies if the country crashes out of the bloc on March 29, the government says. (AP) British consumers and sellers could face delays and extra expense when dealing with European companies if the U.K. crashes out of the bloc on March 29, the government said. Its warning came in an advisory...

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