Safety of Your Money

The safety of your money is an important consideration when deciding which provider you use to send money internationally.

Since its launch in 1998, OzForex has grown to be one of the world's largest online foreign exchange companies, with dealing rooms in Sydney, London and Toronto. OzForex is a strategic investment of Macquarie Bank, Accel Partners and the Carlyle Group.

OzForex is part of The OzForex Group which also includes UKForex, CanadianForex, NZForex, OzForex, ClearFX and Tranzfers. The Group completes over 300,000 funds transfers per year on behalf of over 100,000 transacting customers, and has annual turnover of US$7 billion.

OzForex holds an Australian Financial Services Licence (AFSL) issued by ASIC to deal in foreign exchange. This licence can be viewed by following this link to the ASIC website: (AFS Licence number 226 484).

OzForex offers a safe and regulated alternative to the banks for transferring funds. OzForex efficiently transfers money from customer to beneficiary via leading financial institutions. OzForex does not pay out customer transfers until customers have paid OzForex. This means the Company has no settlement risk on transfers. As OzForex does not carry any overnight market risk, the Company does not suffer losses resulting from exchange rate movements and so you can feel comfortable that your transfer will reach the recipient on time, every time.

Your funds are held in accounts with major financial institutions and are only released once your outward payment has been sent. OzForex is a trusted provider to thousands of customers world-wide who have enjoyed the benefits of excellent rates and low fees without compromising on service.

OzForex and foreign exchange dealings are regulated in Australia by the Australian Securities and Investment Commission (ASIC). The Financial Service Reform was legislation enacted in 2003 to increase regulatory protection for consumers purchasing (or being advised about) financial products. As such, this means more protection for our all of our clients.

You can visit the ASIC website to learn more about the regulatory environment in Australia and what it means for your protection and consumer rights.

You may also wish to read the press release for details of Macquarie Bank's Bank's investment in OzForex in 2007, and the subsequent addition of Accel Partners the Carlyle Group as strategic investors in 2010 in the Media Centre.

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IMPORTANT: This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person. OzForex makes no recommendations as to the merits of any financial product referred to in this website, emails or its related websites. Please read our Product Disclosure Statement and our Financial Services Guide.

DISCLAIMER: OzForex makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this web site. Read full disclaimer.

OzForex provides international money transfer services to private clients and business customers. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service.

Regulated in Australia by ASIC (AFS Licence number 226 484) © 2011 OzForex Pty Ltd ABN 65 092-375-703. Read our Money Laundering Statement.