Transferring money internationally?

Through our relationship with OzForex, Australia's leading online foreign exchange provider, we can now offer our retail clients and their advisers a combination of rates and service normally reserved for large corporations. Called International Money Transfers (IMT), it is a fast and inexpensive online solution to transfer funds from one country to another.

From 22 May, clients will be able to access this service via the left hand navigation menu of transact@macquarie.

As an adviser, if you or your practice transfer funds from one country to another, you could be looking at substantial savings by using International Money Transfers.

Great rates

Transferring money overseas can be a frustrating experience: more often than not, foreign exchange rates are heavily skewed in the providers favour and when you add transaction charges on top, the costs to you can get out of control. IMT offers a refreshingly different experience – you get the same rates as the big corporations do and there are no hidden fees or charges.  As demonstrated in the table below, you could be looking at substantial savings by using IMT the next time you transfer money internationally.

Example - AUD Buying USD 25,000*

*All banks sell TT rates sourced via their internet pages between 11:15am and 11:18am 16/05/2008 and are exclusive of fees.

Instant transfer

Using the latest technology, the service is easy to use and allows you to transfer funds anytime, day or night.

The website – www.internationalmoneytransfers.com.au has a wealth of useful information, including current market trends, daily commentary and currency charts. You can even lock in the rate in advance of your currency purchase or sale – a potential defence against market volatility.

Questions?

Registering is simple. Just visit www.internationalmoneytransfers.com.au.

If you have any questions, please call Macquarie International Money Transfers on 1300 797 494.

The International Money Transfers (IMT) service is provided by OzForex Pty Ltd, ABN 65 092 375 703, (OzForex) Australian Financial Services Licence No. 226484. OzForex is a related body corporate to Macquarie Investment Management Limited ABN 66 002 867 03 Australian Financial Services Licence No. 237492.  This information has been prepared by OzForex without considering the investment objectives, financial situation and particular needs of any person. Before acting on any general advice, you should consider its appropriateness to your circumstances. Neither OzForex nor MIML are an authorised deposit-taking institution for the purposes of the Banking Act (Commonwealth of Australia) 1959, and their obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542. Macquarie Bank Limited does not guarantee or otherwise provide assurance in respect of the obligations of MIML or OzForex.