Home FAQs Uncategorized What Happens To The Funds On My OzForex Travel Card

What Happens To The Funds On My OzForex Travel Card

On 7 December 2015 Macquarie Cards converted all remaining foreign currency balances to Australian dollars. Macquarie Cards will hold the converted funds on your client account. Please contact them on prepaidinquiry@macquarie.com to claim your funds. If you don’t claim your funds, and it remains inactive for three years, it may be considered unclaimed money under the Banking Act 1959.  If the sum of any unclaimed money in your travel card account is greater than AUD 500.00, we may be required to transfer your balance to ASIC.  Please refer to the Moneysmart website for further information about unclaimed money.  Please ensure your cards are destroyed after receipt of all remaining funds via EFT from Macquarie Cards. Please note that funds can only be sent to and Australian Dollar bank account.

Disclaimer

The OzForex Travel Card is issued by Macquarie Bank Limited ABN 46 008 583 542, AFSL No. 237502 (MBL). This information is for general information purposes only. It does not take into account any of your potential personal objectives, financial situation or needs. Before acting on this information, you must consider its appropriateness having regard to your own objectives, financial situation and needs and obtain your own independent advice about whether to obtain or continue to hold a Card. You should read and consider the current Product Disclosure Statement (“PDS”) available here (which you agree to be provided by accessing this link) before making any decision about whether to acquire or continue to hold a Card. Full terms and conditions are set out in the PDS. Fees and charges may apply if you obtain or continue to hold a Card. OzForex Limited’s (ABN 65 092 375 703, AFSL No. 226 484) Financial Services Guide is available here and you agree to its provision to you by accessing this link. MasterCard® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated. BPAY® Registered to BPAY Pty Ltd ABN 69 079 137 518.