Home Case Studies OFX saves Jarrad Butler money on his FX transfers

Jarrad Butler saves thousands with OFX

Moving halfway around the world can be daunting, luckily, foreign exchange (FX) doesn’t have to be. OFX helped professional rugby player, Jarrad Butler save thousands when sending money from Ireland back to his Australian home for 7 years.

Moved

thousands of euros monthly

Saved

~€3,365 over 7 years

Easy

to use platform

Jarrad has transferred a few thousand EUR to AUD every month with OFX for 7 years

How much Jarrad saved when he used OFX compared to a bank

Jarrad continues to use OFX every month because of the easy-to-use platform and seamless process

From the outback to the Irish rugby pitch

Growing up in New Zealand, Jarrad found a passion for rugby alongside friends and family who enjoyed playing and watching the sport.

“In New Zealand, everything always rotated around rugby. It was almost the law, you had to be playing it and I fell in love with the sport from when I started playing at around 9 years old.” 

When his family relocated to Australia when he was 13, he continued to pursue rugby at a higher level. Jarrad played with his school and then worked his way up through regional, state, and national teams. Until he went professional with his passion. 

“I was very lucky to get signed straight onto a professional rugby team.” 

Finally, in 2017 Jarrad made the big leap when he accepted a position to play for the Connacht rugby team in Galway, Ireland.

A clear FX plan for the big move to Ireland

While the move came with some uncertainty, Jarrad reached out to   a friend in financial services for a recommendation of the best way he could send money home for both himself and his family. 

When the two discussed choosing a partner that could facilitate those FX payments, the choice was clear.

“My friend said OFX is a really good company to get behind. They’ve got great rates and they don’t charge a fee. I took a look at the site and it was easy to use and that kind of decided it.”

Jarrad then made a plan to send money home every month to pay his mortgage and ensure he had savings when the time to leave his rugby career behind came.

The first thing I noticed about OFX is it was just very easy to use.” – Jarrad Butler

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A game changer: OFX is easier compared to the banks

Back in 2017, with his financial savings plan made in Australia, Jarrad sent an initial transfer to Ireland through his bank to get himself set up before starting with OFX. 

This initial transfer made Jarrad consider how difficult it was to send money through his bank and how much it cost him to make that single transfer. 

“I think most people just assume the bank will be the best place to go to transfer money overseas, but the fees alone can really chop into that exchange rate.”

After sending money through his bank one time in preparation for his move, Jarrad knew when he arrived in Ireland it was time to set up a different FX plan.

“I sent money over here once with my bank and one of the pain points was you never really knew how long it would take or when it was going to arrive.”

When Jarrad arrived in Galway he began playing for the Connacht Rugby team and quickly put his forex plan into action by opening his OFX account. Jarrad sent monthly spot transfers of a few thousand euros to Australia. OFX’s ease of use was a game-changer for Jarrad. 

“With OFX you click new transfer, put how much you want to transfer in, what currency, and you’re good to go. It wasn’t like when I transferred money with my bank before and that process was quite frustrating with just how difficult it was to navigate the site. ”

After years of quick and easy transfers, Jarrad also began spreading the word about OFX by telling his fellow foreign teammates about his experience making transfers over the past 7 years. 

“I tell my teammates from one foreign player to another…OFX is a really good way to go about sending money home.”

Why OFX is the right choice for Jarrad

“…with OFX you’re getting great rates and…emails all along the way so they’ll let you know when they’ve received the funds, when they’ve transferred the funds, and they’ll let you know when it’s arrived.” 

This peace of mind made Jarrad secure in his choice to use OFX for regular transfers or in case of an emergency. 

“In an emergency or when you need to get money over quickly, I think the communication from OFX is hugely important in those kinds of moments.”

See why others chose OFX. Scott saved nearly NZ$7,000 on his money transfer with OFX. Read his story here.

With OFX…you never feel like you’re left in the dark during a transfer. I like that all along the way they give you that peace of mind.” – Jarrad Butler

Tracking his Australian mortgage payments with ease

On top of a seamless, easy process every month, Jarrad saved over €3,000 throughout his 7 years of transfers. That is over AUD$6,000 extra to put toward saving and paying his mortgage back home in Australia.

“I have a home in Australia so to be able to pay that mortgage off while I am in Ireland has been brilliant.”

Looking to send a large amount of money to another country? Speak to our OFXperts to get a great rate. Contact us

My friend said OFX is a really good company to get behind. They’ve got great rates and they don’t charge a fee. I took a look at the site and it was easy to use and that kind of decided it.” – Jarrad Butler

OFX moves with you: charging forward with a new business

Rugby is not Jarrad’s only passion though, he also recently started a skincare company. The rugby player found the necessity for natural skincare that focuses on hydration and recovery for athletes. 

“We started SportSkn skincare and for the last two years, we have researched different products and spoken to dermatologists in Ireland and Europe. We’ve come up with 2 products, a shower gel and recovery gel that is made with 100% natural ingredients.” 

With this budding new business, Jarrad is beginning to pay for product packaging in USD and is ready to use OFX as his business expands and grows. 

“I’m really excited to branch out into OFX for my business as well because using the bank is frustrating with the fees associated with it and the rates you get.” 

Whether it’s for sending money back home or for his new business, Jarrad is sure to keep his reliable FX teammate through all his ventures.

IMPORTANT: The price comparison in this case study uses the average bank margin of 3% to calculate the saving for monthly transfers made with OFX from 2017-2024.

Jarrad Butler debuts his newly developed SportSkn products

Professional rugby player, Jarrad Butler, trusts OFX for both his personal and business foreign exchange needs.

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