Foreign Exchange Receivables

If your business is receiving FX payments we have a solution that can meet your requirements

By offering your clients the ability to send you payments in their local currency your company can gain a competitive edge, by simplifying the payment process and making it more convenient for foreign associates to conduct business with you.

OzForex can assist to streamline your accounts receivables process, by allowing you to quickly and efficiently manage incoming payments.

We accept payment into our worldwide network of bank accounts. It doesn’t matter if the funds are paid from within your organisation, or from a third party, the procedure is simple and flexible.

With our receivables service, you can retain control over the timing at which you convert the funds. The rate may be locked in before the funds arrive, or once receipt of the funds is confirmed.  

Benefits of receiving funds with OzForex

  • User-convert, you choose when and how you want to convert the incoming funds
  • Auto-convert, automatically converts at the prevailing exchange rate on receipt of incoming proceeds
  • Wide range of available currencies
  • Rate alerts to your PC and mobile
  • Market updates
  • Hedging tools

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Rate: 1.3450
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NOTE: These rates are for informational purposes only

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OFX Singapore Pte. Limited | UEN 201317103N | Regulated in Singapore by MAS | Money Remittance License No. RA01528 | 6A Shenton Way, #04-02 to #04-08 OUE Downtown Gallery, Singapore 068815. Read our Read our Privacy Policy

NOTICE TO CUSTOMERS (pursuant to s30 of the MCRBA): OFX is licensed under the Money-changing and Remittance Businesses Act (Cap. 187) to carry out remittance business. Please note that such licensing does NOT guarantee the performance of the remittance licensee and customers take the risk of any loss suffered from the remittance.