Direct FX Ltd - Wholesale Currency Transfer Specialists
Currency transfers become necessary for many reasons. Often the need is greatest when moving between countries, due to the sale or purchase of property assets. Significant amounts of one currency may then need to be sold, to transfer money to another country.
However arranging currency transfers such as these via a traditional banking relationship can often be expensive and time consuming.
Direct FX is a non bank financial intermediary. When making currency transfers they are an alternative to traditional banks. They arrange currency transfers for personal and business clients. In doing so they save clients considerable amounts of time and money.
Testament to the professionalism and competitiveness of their service is the fact banks themselves use Direct FX to arrange currency exchanges and have done so for many years. No other service provider offering a currency transfer service to the retail market is also used by the banks to buy and sell currencies, in Australasia.
Direct FX can provide the service they do because they:
• Provide wholesale exchange rates to retail customers
• Have over 200 years experience arranging currency transfers
• Arrange annually the equivalent of NZD 180 billion in currency exchanges
• Stream line the process
• Do not charge fees
Direct FX transact trades as close to the interbank rate as possible. Most banks will charge up to, and sometimes in excess of, a 3% margin of the transaction amount, and then charge transaction fees on top. Direct FX rates are at a substantial discount to the rates banks offer, will in general be at .75% from where the interbank market is trading, and they do not charge transaction fees.
As well as providing aggressively competitive exchange rates, they also provide the ability for clients to target a specific exchange rate, by watching currency order levels 24 hours a day.
Anyone can gain an obligation free currency exchange rate from Direct FX by submitting for a free quote on their online “Get a free quote” form.
Direct FX is regulated by the New Zealand Securities Commission and the Australian Securities and Investments Commission. Clients have peace of mind knowing that their funds are held in our secure segregated Client Fund Accounts. They are 100% New Zealand owned and proud of it.
Anyone wanting to use Direct FX need only spend a few minutes filling in their online account application form. Accounts can easily be established within 24 hours. Opening an account is free and carries no future obligation to deal.
