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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.

Best exchange rates sending money overseas

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

Australia Post Exchange Rates Compared
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Foreign Xchange Travel Money – BER Review
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Revolut Card in Australia – Review
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InstaReM – BER Review
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Travelex Exchange Rates Australia – BER Review
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TransferWise Money Transfers – Review
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Travel Money Oz – 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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AUD Currency News

Coronavirus panic drives US dollar strength

Currency rates were extremely volatile last week as the coronavirus situation worsened day by day with various countries implementing ever-tougher measures to stop the spread of the disease.

Coronavirus spread fears linger – USD strong – AUD at 11 year lows

This week the US Dollar was touching three-year highs when valued against a basket of major currencies. The greenback’s traditional role as one of the safe-haven currencies is helped by a domestic economy that is largely immune to the threats of the coronavirus.

Coronavirus unnerves currency markets

The strong start to the year for “risk-on” currencies is already a distant memory.

New Year Optimism Retreats on US/Iran Tension

The threat of a proxy war between the US and Iran in Iraq has pared back some of the recent gains of “risk-on” currencies.

Australian Dollar Forecasts

Foreign Transfers

Best exchange rates sending money abroad
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Best exchange rates sending money overseas
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Comparing Australian Bank Exchange Rates
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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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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

Managing Business Payments for Overseas Suppliers

Businesses need to send money overseas for all manner of reasons, from paying overseas vendors and suppliers to managing their company’s foreign exchange risk. Whatever your business Forex requirements it’s important to know that you are getting a good deal and the right advice.

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 […]

Travel Currency Guides

Order Online for Cheap Currency Exchange Deals in Australia
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Revolut Card in Australia – Review
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Coronavirus unnerves currency markets
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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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City Guides – Best Exchange Rates by Location

Adelaide CBD

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Brisbane CBD

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Gold Coast

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Melbourne CBD

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Perth CBD

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Sydney CBD

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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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