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Safety of Your Money
The security of funds is essential to our business, so we understand you will want to seek assurances that your money is safe. To assist you in this, here is some information on who we are and how we do business:
Part of a Global Company
OzForex is part of the OzForex Group, which provides foreign exchange services to customers across 6 continents.
- 581,000 fund transfers last year
- AUD$13.6 billion in foreign exchange transactions last year
- Over 2 million website visits each month
The Group employs over 200 staff and has offices in Toronto, San Francisco, London, Sydney, Hong Kong, and Auckland.
Strong Financials
A summary of the Group’s financial results for the year ending 31 March 2013
- Revenue $52.1m
- Earnings before tax $24.2m
- Net assets $30.8m
Each year we are audited by PriceWaterhouseCoopers. View the latest OzForex consolidated financial statements
Strict Adherence to Local Regulations
We are fully licenced in each of the jurisdictions where we operate, and comply with all local rules and regulations. In Australia, foreign exchange dealing is regulated by the Australian Financial Securities and Investment Commission (“ASIC”). OzForex Pty Ltd has an Australian Financial Services Licence ("AFSL") issued by ASIC to deal and give advice in relation to foreign exchange contracts and derivatives.
Low Risk Business Model
Our business model is inherently a low risk one. By offering a deliverable-only foreign exchange service we do not take positions in the market ourselves, so we assume very little transactional or market risk.
Website Security
Our secure online platform uses minimum 2048 bit SSL certificates to encrypt traffic and Thawte online security and protection.
Proven Track Record
OzForex have been focussed on customer satisfaction since 1998. Here’s what some of our customers have to say:
"For any potential OzForex customers who have doubts as to whether this company can be relied upon or trusted, I can offer an assurance that, from my experience, OzForex goes above and beyond what could reasonably be expected of them when the situation arises.”
“12 months ago we trialled OzForex based on their very competitive rates. We were so happy with the savings, the service and information provided and the unprecedented convenience of attending to forex via the internet that RML now only perform forex transactions via OzForex”.
Read more customer comments