Azimo have created a way to send money that suits how people live today – online, mobile and social.
Born out of frustration at the money transfer industry. So much waste, cost and poor customer service. Set up by a super hard-working team, who have created a better way to send money overseas.
One advantage with Azimo is that you can quickly send upto 900 GBP per month from your credit card or bank transfer without any ID documentation requirements. Higher monthly limits are granted once you send in your driver’s license or passport scanned image.
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.
Last update: 13 Aug, 2019
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.
Last update: 6 Jul, 2019
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.
Last update: 14 Aug, 2019