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
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
You don’t need to be a currency expert. Work with a specialist to create a currency plan.
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Save up to 60%* on the
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in 24 hours.**
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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.
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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.