Forex trading can be an interesting and rewarding investment avenue but as with most things in life you need to make sure you surround yourself with the best people to get the best results. That is why you need to consider working with OzForex Exchange Services as they are part of the Macquarie Bank, Accel Partners and Carlyle Groups, plus the OzForex Group includes UKForex, CanadianForex, NZ Forex and Tranzfers so you know you’re getting the most comprehensive and accurate advice and services.
The OzForex Group itself was launched in 1998 and thanks to highly competitive exchange rates, advanced technology and superior customer service the group has been able to grow into one of the world’s largest foreign exchange companies. The group now has over 400,000 visitors each months and more than 100,000 people transacting globally. When you work with OzForex you’ll be able to access Corporate and Private Client Dealers 24 hours a day, with the confidence of a group which completes over 200,000 funds transfers each year.
You can benefit from the cutting edge services offered by OzForex if you are a small or medium sized import and export business, if you are a migrant transferring your financial assets or if you are an expatriate accessing funds for example. OzForex even works with a number of individual clients who invest overseas.
The service and success of OzForex has also be recognised by independent industry bodies:
- In 2005 OzForex was ranked 6th in the 2005 BRW Fast 100 awards.
- OzForex was ranked 5th in the 2005 Deloitte Technology Fast 50 awards.
- OzForex received a place in the Deloitte awards again in 2006, 2009 and 2010.
- In 2008 the founder of OzForex, Matt Gilmour won the Ernst and Young Entrepreneur of the Year NSW award.
OzForex Business Services
If you need foreign exchange services in your business you will find excellent rates with OzForex. When you make a purchase or a sale which involves foreign currency you usually have to write off a certain amount of your business profits to the exchange rate and fees, however, OzForex uses better exchange rates and charges low fees – in some case no fees – so you can make your money transfers quickly, easily and affordably. Plus you’ll always be able to view the interbank rate and there are no hidden fees or commissions to pay.
For example, there are no fees on transactions which are AUD$10,000 or more. The minimum transaction amount is AUD$15 and there are low fees on transactions under AUD$10,000. Plus, because OzForex is making thousands of deals per month for their extensive client base, they have access to the best interbank rates, which they pass onto you.
OzForex provides businesses a convenient system where you can view live rates, store details of your beneficiaries, lock in deals and see all of the details of your past transactions. Plus, OzForex will partner you with expert dealers to discuss your foreign exchange needs, formulate a strategy which suits your business and reduce the risks normally associated with foreign exchange.
While most businesses can’t afford to consult with their own foreign exchange dealer, when you work with OzForex you will be assigned your own dedicated dealer who will offer foreign exchange advice and explain all of the OzForex products and services to you can choose the ones you need. For example you can choose from spot and forward contracts, limit and stop loss orders, market advice or bulk payment and billing facilities from the range of OzForex services.
OzForex Services for Individuals
As an individual you may need foreign exchange services when you are emigrating, you are buying a home or holiday home overseas, or when you are buying any other good from overseas. Rather than making these transactions through a bank you can make significant savings if you work with OzForex on these exchanges. Plus, OzForex has extensive experience in the industry and knows the pitfalls and risks to look for, so you can avoid costly mistakes.
For example, if you are emigrating and the currency you have is depreciating, you will have less capital to get you started when you arrive in your new country. However, OzForex can offer simple solutions which help you to minimise this risk, as you work with your own dedicated dealer who knows the market trends inside out and can explain the best strategies to manage the risks of your exchange and secure the best rates.
The service you receive from OzForex is also entirely transparent so you can compare their rates next to wholesale rates and those offered by your bank. All you will need to do is register with OzForex, which you can do online for free, and log into your account. From there you can request a live, dealable rate. when you’ve confirmed your rate, deal and payee details you can transfer your payment to OzForex and they transfer the funds onto your recipient.
The only restrictions which apply to your exchanges are:
- OzForex does not deal in cash or travellers cheques.
- OzForex does not accept payment by credit card, cash or cheque.
- OzForex will not provide a transfer of funds to Burma or Iraq, and a number of other selected countries.
- The minimum transfer amount must be AUD$2,000.
Currencies Exchanged By Oz Forex
- Australian Dollar
- British Pound
- Canadian Dollar
- Euros
- Danish Kroner
- Fiji Dollar
- Hong Kong Dollar
- Japanese Yen
- New Zealand Dollar
- Norwegian Kroner
- Papua New Guinea Kina
- Polish Zloty
- Singapore Dollar
- South African Rand
- Swedish Kroner
- Swiss Franc
- Thai Baht
- US Dollar
- Mexican Pesso
- Phillipines Pesso
- Indian Rupee
The Board of Directors
The Oz Foreign Exchange Board of Directors consists of executives with only the highest level of credentials and experience in Forex and financial markets overall. The Macquarie Bank is represented by two of the directors on the board.Why so many companies partner with OzForex?
- Value added service for clients
- Save clients significant amounts of money
- Additional revenue stream for businesses (many partners are earning more than AUD 5,000 monthly)
- Improved search-engine optimization (SEO) and Google ranking due to the 550,000 unique visitors visiting websites monthly
- You add value to your site with up to date Forex information
7 popular reasons for choosing OzForex
- Best exchange rates
- Low fees - frequently no fees
- On-line plus phone service 24 hours a day, 5 days a week
- Seamless access to accredited Dealers
- Unparalleled Customer Service
- More than 50 currencies are offered
- Complete controls and transparency
When you work with OzForex you are in control of your transfers and exchanges because you have all the information you need up front to make an informed decision. You will receive dedicated, high quality and real time service from OzForex, which is very important when you are dealing in something as important yet fluid as money.
