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Facebook’s Libra Is Not the Game Changer That’s Being Promised

Enthusiasts would have us believe that Facebook’s own digital currency, Libra, will instantly revolutionize the remittance industry upon its release in 2020 — except it won’t. A harsher reality awaits, with conversion costs, capital gains taxes and a lack of Libra-priced goods all likely to limit its appeal.

Best Multi-Currency Accounts 2019: WorldFirst vs. TransferWise vs. OFX

We compare the features, exchange rates and security of the three best multi-currency accounts available today — the WorldFirst World Account, the TransferWise Borderless Account and the OFX Global Currency Account.

OFX 2019 Review – Foreign transfers with OFX compared

OFX is one of the world’s largest and best providers of international money transfers. This highly regulated firm offers a complete foreign exchange solution complete with 24/7 phone support.

Getting the best exchange rates sending money from Australia

The holy grail when you send money abroad is finding an organisation that you can trust and one that offers the best exchange rates along with transparent, smart and straightforward customer service.

Commonwealth Bank Exchange Rates – BER Review

In this article we take a look at Commonwealth Bank and examine how CBA foreign exchange rates & international money transfer services compare to other providers available to you.

WorldFirst Foreign Transfers – BER Review

WorldFirst is a market leader in the international payments space and is consistently ranked among the most reliable and cheapest money transfer handlers for four-figure sums.


FX Provider Reviews

Revolut Card in Australia – Review
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Travelex Exchange Rates Australia – BER Review
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Australia Post Exchange Rates Compared
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TransferWise Money Transfers – Review
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Travel Money Oz – BER Review
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Foreign Xchange Travel Money – BER Review
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OFX 2019 Review – Foreign transfers with OFX compared
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XE Money Transfer – BER Review
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WorldRemit – BER Review
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OFX Global Currency Account – BER Review
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SendFX Review
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WorldFirst Foreign Transfers – BER Review
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AUD Currency News

Disruptors Challenging Australian Banks in Forex Price and Service: ACCC Report

Key Takeaways from the ACCC inquiry into currency conversion services. BestExchangeRates referenced among comparison sites playing an important role in customer awareness of the excessive currency margins charged by banks.

AUD/GBP Between a Rock and a Hard Place – USD Strength

AUD/GBP versus AUD/USD and GBP/USD

Both the Australian dollar and British pound sterling have had a hard time of late caught between the rock of the China/US trade war and the Brexit hard place.

Australia Cuts Interest Rates to Record Low

RBA Australian dollar AUD currency news and forecasts

The RBA has cut Australian interest rates to a record low of 1 percent in an effort to boost inflation. The Australian dollar is slightly stronger following the widely expected decision but is expected to lose 5–7 percent of its value before year-end.

GBP’s Bright Start to the Year Is a Distant Memory

The British pound was the worst-performing major currency in the April-June period and remains “impossible to forecast” amid a Tory leadership battle that might force “no deal” or a general election.

Australian Dollar Forecasts

Foreign Transfers

Comparing Australian Bank Exchange Rates
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Best exchange rates sending money abroad
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AUD/GBP Between a Rock and a Hard Place – USD Strength
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Banks Charge Small Customers 25 Times More for FX, Research Shows
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Best Multi-Currency Accounts 2019: WorldFirst vs. TransferWise vs. OFX
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A Guide to Buying Overseas Property
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Save Money with Regular Overseas payments
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Getting the best exchange rates sending money from Australia
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Bank Exchange Rates

Westpac Exchange Rates – BER Review
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St George Bank Exchange Rates – BER Review
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NAB Exchange Rates – BER Review
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Disruptors Challenging Australian Banks in Forex Price and Service: ACCC Report
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Comparing Australian Bank Exchange Rates
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Commonwealth Bank Exchange Rates – BER Review
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Banks Charge Small Customers 25 Times More for FX, Research Shows
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Bank of Queensland
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Business Foreign Exchange

Best Multi-Currency Accounts 2019: WorldFirst vs. TransferWise vs. OFX

We compare the features, exchange rates and security of the three best multi-currency accounts available today — the WorldFirst World Account, the TransferWise Borderless Account and the OFX Global Currency Account.

Foreign Currency Accounts – Pros and Cons

In this guide we take a look at Foreign Currency Accounts, both the good and bad aspects and what to watch out for.

Business Case Studies for Managing FX Risk

We take a look at situations where hedging your FX exposure can maximise your cash-flow. Imagine two scenarios. In the first, you’re a British business supplying mining equipment to a customer in Australia and in 90-days’ time you’ll be receiving payment for goods of 250,000 Aussie dollars. And lets imagine for the sake of simplifying […]

“Witching Hour” Woes: Currency Traders Wary of Flash Crashes During Quietest Part of Day

Currency traders continue to be wary of the potential for flash crashes during the dreaded “witching hour” between the end of New York’s business day and the start of Tokyo’s. Flash crashes can cause massive losses to those on the wrong side of them and without central bank intervention more of these are on their way.

Travel Currency Guides

Revolut Card in Australia – Review
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Travel Money Oz – BER Review
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Travelex & TravelMoneyOz – Who has best rates?
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Australians Swerve Thai Holidays with Exchange Rates in the Gutter
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Travel Money – Which is Best? Cash or Cards
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Pay in your Own currency? – The Travel Rip-off to Avoid
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A Guide to Buying Overseas Property
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Prepaid Travel Cards – Comparing Features and Fees
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Currency Exchange Locations

Sydney CBD – Find Best Exchange Rates
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Perth CBD – Find Best Exchange Rates
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Melbourne CBD – Find Best Exchange Rates
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Gold Coast – Find Best Exchange Rates
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Brisbane CBD – Find Best Exchange Rates
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Adelaide CBD – Find Best Exchange Rates
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FinTech News

Disruptors Challenging Australian Banks in Forex Price and Service: ACCC Report
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Facebook’s Libra Is Not the Game Changer That’s Being Promised
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TransferWise Gets Malaysian Remittance Licence
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Banks Charge Small Customers 25 Times More for FX, Research Shows
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Get a Better FX Deal when you Send and Spend Abroad.

 

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