• Potential revenue lost due to lack of cross-border confidence

  • Australian businesses forecasting cross-border growth over the next six months

  • Australia’s Cross-Border Confidence Index

Cross-border trade offers Australian businesses huge growth potential

Boosting cross-border confidence (54.1 Oct 2019) for Australian small business is key to help drive economic growth.

The OFX Cross-border Confidence Index provides insights, opportunities and strategies to help navigate global markets to make cross-border trade an affordable reality.

We wanted to understand how Australian SMEs are engaging in cross-border trade, look at the challenges they face, and identify opportunities to help bolster their bottom line. Understanding how to create certainty and save money on payments can make cross-border trade a growth-driving reality for any business .

Skander Malcolm, OFX CEO

Bolster your confidence and start
cross-border trade today

1Work with specialists

You don’t need to be a currency expert. Work with a specialist to create a currency plan.

2Know your cashflow

Protect your profit margins against currency fluctuations with longer term risk management tools.

3Access all currencies

Partner with a specialist who can give you access to the currencies you need at great rates.

4Stay updated

Let the experts monitor the market for you, subscribe to currency updates and rate alerts.

5Download an FX app

Manage your money on the go and stay up to date with trends and tools. Download on App store and Download on Google Play

6Make local connections

Connect with local Chambers of Commerce for connections into a local network.

7Have confidence

Remember, there’s no right or wrong way to enter new markets.

Why OFX for your business?

  • Great rates

    Save up to 60%* on the
    rates banks charge.

  • Fast transfers

    Move your money
    in 24 hours.**

  • 24/7

    OFXperts are always
    available to help your
    business.

  • Worldwide

    Transfer to 197 countries
    in 55 currencies.

Get in touch

Prepare your business for cross-border trade, complete the form below for a FREE currency consultation with one of our specialists.

About OFX

OFX grew from the idea that there had to be a better, fairer way to do business. As experienced executives in global forex companies, our founders knew the industry was opaque, dominated by big banks with inflated rates and a lacklustre service that favoured large institutions over smaller businesses. In 1998, our founders launched a foreign exchange information website from Sydney’s Northern Beaches with a vision to enable businesses of all sizes to compete in the global economy with confidence – a vision that remains true to this day. Since launching over 20 years ago, OFX is now an ASX-listed company operating internationally and helping more than 1 million customers worldwide to transfer over AU$150B.

*Average savings based on published rates of ANZ and CBA on a single transfer of AU$10,000 to US dollars between 15/5/19 and 1/8/19, excluding weekends. Transaction costs excluded. Quoted savings are not indicative of future savings.

**80% of major currency transfers are processed in 24 hours of receipt of funds by OFX.

IMPORTANT: This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person. OzForex Limited ABN 65 092 375 703 (trading as “OFX”) and its subsidiaries make no recommendations as to the merits of any financial product referred to in the website, email or its related websites. Please read our Product Disclosure Statement and our Financial Services Guide.

DISCLAIMER: OFX makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this website. Read full disclaimer. OFX provides international money transfer services to private clients and business customers. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service.

OFX is regulated in Australia by ASIC (AFS Licence number 226 484). Read our Money Laundering Statement and Privacy Policy.

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