HiFX is a trusted money transfer provider, but how do their foreign transfers compare for rates and service?
On the 26th January 2019, HiFX will join forces with XE – a familiar and trusted brand. By bringing our two companies together, we are combining XE’s 25 years of authority in currency exchange and HIFX’s comprehensive range of currency transfer services.
Clients should continue to use their HiFX account as normal, they’ll be able to log into their XE account from January 31st 2019.
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