French Migrants Sending the Most Money Back Home

LONDON, April 29 /PRNewswire/ --

- Moneybookers Reveals Movement of Money by Migrants Working in the UK

Moneybookers, one of Europe's largest online payment systems,
is today revealing the movement of money out of the country by migrants
working in the UK. Foreign workers living in the UK are typically sending
GBP200 per month to their friends and relatives back home, although this
figure rises to GBP550 for French migrants.

As the debate about the costs and benefits of immigration
continues to intensify as a key political battleground, the study by
Moneybookers provides an interesting insight into the flow of money out of
the country. Moneybookers has almost 5 million customers and is extremely
popular with migrant workers as it is quick and easy to set up an account
while providing extremely competitive rates for secure international money
transfer services - only 1% or EUR0.5, whichever is less.

In fact, around half of Moneybookers' account holders use the
money transfer service to make payments back to their homeland. While the top
recipient country is Poland, followed by India and Russia, in terms of the
amount sent per head the French are in the lead with GBP550 per month
compared to GBP330 per month by Indian migrants and GBP290 by Polish
migrants. Russian migrants are between them with transfers of GBP310 per
month.

"Whether you want to support your family or give something
back to your homeland, our service provides instant, secure and low cost
money transfers which are particularly appealing to migrant workers,"
explains Martin Ott, Managing Director at Moneybookers - the convenient money
transfer service on the Internet.

While Moneybookers offers low fees, other providers often
charge exorbitant prices for sending money. Furthermore Moneybookers offers a
transparent price structure and the most competitive overall rates for its
users. Registration, account management and receiving money are all free.
Moneybookers only charges fees to the sender of the payment.

Moneybookers' comprehensive international payment network
combines borderless money transfer with the choice of domestic bank account
as well as the option of deposit and payout in 40 countries.

About Moneybookers

Moneybookers Ltd. (http://www.moneybookers.com) is one of Europe's 
largest online payment systems offering domestic payment options in 40 
countries and customer service in 12 languages. With almost 5 million account 
holders Moneybookers is one of the largest e-wallets worldwide. Moneybookers 
enables any business or consumer to securely and cost-effectively send and 
receive payments online, simply by using an email address. More than 9,000 
merchants use Moneybookers' gateway product, among them global ecommerce 
brands such as Skype, Foto.com, and QXL Ricardo. Dr. Thomas Middelhoff serves 
as the Chairman of the Board. Moneybookers was founded in 2001 in London and 
is regulated by the Financial Services Authority of the United Kingdom (FSA).

For more information please contact Toby Walsh at Rhubarb PR on 
+44(0)777-337-4545, toby@rhubarbpr.com.