“If there is a better way to save money on FOREX, we have not seen it!”
Do you want to save money on FOREX every time you send money overseas? There is a lot of noise about which company has the best rate on AUD to USD and USD to AUD.
Members of The Australian Community transfer millions of dollars overseas every year for business and personal needs. Therefore, based on this volume, a preferred rate on International wire transfers has been negotiated with OFX on 36 currencies!
Foreign Exchange (FOREX) rates can be confusing. There is the Interbank or Market Rate and then there is the rate that your FOREX service offers you when you exchange money. Therefore, the less money you receive, the more the Banks and FOREX services charge you in fees, hidden in the exchange rate.
Most importantly, we regularly compare The Australian Community’s preferred rate on AUD to USD and USD to AUD, with TransferWise and other major online services – including Banks. Every time, The Australian Community’s preferred rate was better!
Register (it’s FREE), and find out how much money you could be saving on International money transfers!
How OFX works
1. Register with OFX
Firstly, click here to register and access The Australian Community’s Preferred Rate with OFX. You can then start to save money on FOREX.
In addition, your registration will automatically associate with the Preferred Rate.
2. Send OFX your funds
OFX only accepts bank transfers from your account (e.g. BPay, Electronic Bank Transfer).
However, cash, credit card, cheques or bank drafts are not accepted.
OFX will notify you once they receive your funds.
3. OFX delivers the Funds
Transfers to most countries take
1-2 business days.
Most importantly, you can track your transfer online, or with the OFX mobile app.
About The Australian Community
The Australian Community is a 501(c)(3) Public Charity and its Mission is to connect Australian living in the United States through social. professional and charitable initiatives.
All contributions are fully tax deductible under Section 170 of the IRS Code. The Australian Community is also qualified to receive tax deductible bequests, devises, transfers or gifts under section 2055, 2106 or 2522 of the Code.
You can make a tax deductible donation to support our charitable Mission using this link.