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Regular International Payments
Setting up regular international payments with OzForex is easy and can save you time and money. Take advantage of our great exchange rates and flexible set up options to accommodate your specific needs.
Examples of regular currency transfers for individuals:
- Overseas mortgage payments
- Transfer company pension abroad
- Foreign salary transfers
- Rental income repatriation
- Overseas school fees
- Investment property repayments
- Debt repayments
- Savings repatriation
Examples of regular payment plans for businesses:
- Paying or receiving overseas wages
- Paying or receiving royalties
- Paying or receiving fees for services
With OzForex regular overseas payments, you don't have to worry about your transactions every month. Simply set up a transfer plan that suits your needs and leave the rest to us!
Features and benefits:
- No establishment fees
- No transfer fee - each year, you could save substantial amounts on monthly transfer fees alone
- Low minimum amount of AUD500 equivalent per payment
- Minimum of four payments
- Full transparency of rates and payments
- Cost effective
- Time efficient
- Provides certainty for your budget
Fixed Regular Payments
If you require a specific amount for each payment (e.g. mortgage repayments), benefit from our fixed regular payment plans that remove the exchange rate risk.
Example: You are working overseas in the USA and need to pay off your Australian mortgage each month. The amount you have to pay to your mortgage provider is fixed and you would also like to fix the amount that you pay each month in USD.
Non Fixed Payments
If you have a fixed amount to send overseas each month, you can benefit from our non fixed payments where the exchange rate is not locked in upfront.
Example: You are temporarily living in Australia and want to send AUD2,000 of savings back home to the UK every month.
Tip: You have the flexibility to switch from a non-fixed payment plan to a fixed payment plan depending on your needs.
Contact us today to discuss your regular money transfer needs.