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Case Studies
The following are real case studies or transactions made by our clients. The clients' names have been changed to protect their confidentiality. Case Study - Corporate ClientSteve, an Australian based importer, needed to buy US$80,000 in exchange for Australian Dollars to pay for products purchased from his supplier in China.Steve called his bank and received an AUD/USD rate of 0.7850, resulting in an Australian Dollar cost of A$101,911. The bank also wanted to charge an A$25 fee. Steve then called OzForex and asked for a rate for him to buy US$80,000 in exchange for Australian Dollars. OzForex quoted a rate of 0.7930 resulting in an Australian Dollar cost of A$100,883 and there was no fee to pay.
Case Study - Private ClientAfter having just moved from the UK to Australia, Margaret was awaiting the proceeds from the sale of her house in the UK which she sold for £390,000.Margaret called her UK bank and was offered a GBP/AUD rate of 2.0150 meaning she would receive A$785,850. The bank also wanted to charge a £30 fee (approximately A$60). Margaret then called OzForex and asked for a rate for her to sell £390,000 in exchange for Australian Dollars. OzForex quoted 2.0450 meaning she would receive Australian Dollars A$797,550 and there was no fee to pay.
To benefit from our great rates and 24 hour service, call now on... Australia Free Call: 1300 300 524 (corporate clients) Australia Free Call: 1300 300 424 (private clients) Canada Local Call: 1800 680 0750 NZ Free Call: 0800 161 868 UK Local Call: 0845 686 1950 International: +61 2 8667 8090 ...or Register (it's free) and get immediate access to the latest dealing rates.
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IMPORTANT: This information has been prepared for distribution over the internet
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