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Foreign Exchange

OZ forex anyone had any problem

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By: s_step000
11/01/2008
11:27 pm

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  s_step000

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Re:OZ forex anyone had any problem Reply to this message
My experience with OZforex is not that good. I transfer an amount to US then being cut an additional fees (on top of the wiring fees). When queried they keep saying intermediary cost when asked which intermediary they keep repeating the word just accept it. They mentioned that they use Westpac to transfer money. Curiously after that I use Westpac to wire my money and surprise surprise no intermediary charge.

By: xyzbtme
11/01/2008
5:00 am

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Re:OZ forex anyone had any problem Reply to this message
Re:OZ forex anyone had any problem Reply to this message
I used them to transfer a large amount from the UK to Oz and had no trouble at all. Although there are others out there with better rates

HI... I JUST SAW YOUR POST ON THE INTERNET AND WONDER WHOM YOU MIGHT SUGGEST FOR "BETTER RATES." I HAVE A FOREX ACCOUNT, BUT WONDER IF I MIGHT FIND BETTER RATES ELSEWHERE FOR LARGE TRANSFERS (SIX FIGURES). VERY BEST WISHES AND HOPE TO HEAR FROM YOU.

By: en_bt
25/10/2007
6:25 pm

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Re:OZ forex anyone had any problem Reply to this message
To the "thevanreingolds" - I notice now that you posted Question some time ago - hope you held off for a while coz $Oz worth more now - roll on the commodity boom !
Hope you didn't go down the Big Bank monopoly Road, even though I found Ozforex's quotes for a small amount were not much better anyway.....?

By: en_bt
25/10/2007
6:05 pm

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Re:OZ forex anyone had any problem Reply to this message
Hi, haven't used them but did look closely - I'd say they're competitive for smaller amounts, but we get better rates for both small or large amounts via an FX/futures broker. However it would be a more lengthy process opening a (trading) account with one as they'll want more details regarding your credit worthiness for margin trading purposes, and you'd be best to advise them that you are interested in doing so, but that you also would like to use them for (physical) "delivery" purposes.

By: currencymike2
9/10/2007
3:09 am

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Re:OZ forex anyone had any problem Reply to this message
Easy FOREX
http://www.easy-forex.com/Gateway.aspx?gid=56179&p id=33


Registration is FREE
Zero due up front
Guided Tour
Look Under INFO Center
One-on-One Help
Free E-Book
Costs LESS than a Tank of GAS to get started

By: drewby3000
6/07/2007
9:05 am

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Re:OZ forex anyone had any problem Reply to this message
Hi,

It really depends on size of corporate customer or personal transfer. We have people paying various spreads depending on requirements. It is something that can always be negotiated and happy to be contacted if you looking for more information.

By: s_step000
3/07/2007
4:52 pm

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Re:OZ forex anyone had any problem Reply to this message
Hello drewby3000,

How much Travelex charge/spread for buy and sell (in term of basis point) on top of SPOT rate?

By: drewby3000
2/07/2007
9:22 am

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  drewby3000

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Re:OZ forex anyone had any problem Reply to this message
Mate I work for Travelex Corporate Foreign Exchange and we are the world's largest foreign exchange provider. Travelex can offer corporate rates for personal transfers. You can contact me on 0410 045 882 or andrew.ashcroft@travelex. com.au for further discussion

By: lartz999
20/06/2007
2:56 pm

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Re:OZ forex anyone had any problem Reply to this message
HIFX are worth a look. I used them to bring pounds from a house sale back to Oz. They deal only in forex so they need to be competitive and they take no commission. Good luck

By: gregziman
3/06/2007
1:11 pm

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  gregziman

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Re:OZ forex anyone had any problem Reply to this message
I used them to transfer a large amount from the UK to Oz and had no trouble at all. Although there are others out there with better rates

By: mattburnham
17/05/2007
6:10 pm

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Re:OZ forex anyone had any problem Reply to this message
Hi. yes have used them for the last 2 years while in Singapore. They charge $20 + 75bp over the spot rate (AUD/SGD) and you can lock the rate you want to trade at... I have not had any problems and they are quite helpful... larger amounts may attract much larger commissions.

By: rustynuts7747
17/05/2007
5:49 pm

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Re:OZ forex anyone had any problem Reply to this message
I have not used them myself but have heard from someone who transferred their funds in from UK and they did not have any problems. Do your own research.

By: thevanreingolds
16/05/2007
10:52 am

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  thevanreingolds

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OZ forex anyone had any problem Reply to this message
Need to send house sale proceeds overseas- have checked at my bank ANZ their rate is considerably less than Oz Forex. I have sent a small amount in the past with OZforex no issues, however am hesitant to send a large sum Any
suggestions info would be greatly appreciated.
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