Call us: 9309 4001
SRC are pleased to announce that we are an Authorised partner of Macquarie banks strategic subsidiary OzForex Pty Ltd. What this means for you is simply more money in your pocket! How are they able to do this? OzForex Pty Ltd is a strategic investment of the Macquarie Group and has been operating in Australia since 1998. OzForex has built its market leading reputation by assisting over 100,000 clients globally to send money internationally, at rates the banks won’t match.
With our significant buying power we not only give you a better exchange rate but are pleased to announce that all SRC customers will receive this service with NIL FEES on the transaction. SRC will simply instruct your UK Pension Fund to send your money via our service and around 3 workings days later, the money will be clear to use in AUD. Its that simple. All you need to do is speak to SRC and we will do the rest.
Case Study – Private Client
After having just moved from the UK to Australia, Margaret was awaiting the proceeds from the sale of her house in the UK which she sold for £390,000.
Margaret called her UK bank and was offered a GBP/AUD rate of 2.0150 meaning she would receive A$785,850. The bank also wanted to charge a £30 fee (approximately A$60).
Margaret then called OzForex and asked for a rate for her to sell £390,000 in exchange for Australian Dollars. OzForex quoted 2.0450 meaning she would receive Australian Dollars A$797,550 and there was no fee to pay.