How to make the most of your money when it comes to currency exchange

Written by on April 9, 2018 in Currency Information

With more than 20 years of experience, OFX aims to take the mystery out of foreign exchange and provide clients with best in class service, competitive rates, market insights and the right currency strategy to help you plan ahead.

Introducing OFX – Where the world’s moving when it comes to global payments

Often people default to their bank for international money transfers, as they simply may not be aware that there are cheaper and more convenient alternatives.  At OFX, every client is important. They offer a top notch team of global currency specialists available 24/7 – so you always have an experienced person to talk to, on your time. The OFX team works with global clients to develop bespoke currency plans, which help manage risk and ultimately save money.

If you prefer to self-manage your international payments, their award winning, online platform is convenient, quick and simple to use. The platform guides you through the entire process, so you’ll know exactly what information you need to provide to ensure your transfer goes through smoothly.

This allows you to do business with OFX via your preferred channel of choice.

Are there hidden fees?

Whether you’re purchasing an overseas property or perhaps moving savings internationally, when you exchange currency and transfer it through a bank, you’ll typically be charged a margin of up to 5% above the daily exchange rate. The banks will often add a hefty transfer fee as well, which many clients aren’t aware of.

With OFX, you’ll get a quote based on the live exchange rate of the moment and the margin you’ll be charged is up to 75% less than what the banks charge.  Even better, OFX clients pay no transaction fees*.

Is it difficult to get started?

Getting started with OFX is simple. Once registered, you can start transacting straight away. If you have any questions, you can simply call their dedicated dealing team for assistance 24/7. It’s a secure, efficient process.

And with their suite of currency products and services, OFX can help clients manage risk and save money, especially when the market is unpredictable.

Best of all, it’s absolutely free to get a personal quote and consultation.

For further information you can visit the OFX website here or simply contact our dedicated partnerships manager Colin Powell on colin.powell@ofx.com or +44 207 614 4153.

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