Your high street bank offers foreign exchange as part of its service.
At HiFX we’re focused on doing one thing exceptionally well.
Highly tailored to your individual requirements, simple, fast and cost-effective, if you’re transferring $30,000 or more, our
telephone based foreign exchange service gives you access to your own dedicated dealer who will get to know you and your individual requirements.
With each dealer servicing fewer clients than a bank, we provide a level of proactivity and personal service that the established banks find too resource intensive.
For amounts below $30,000, take advantage of the highly competitive currency exchange rates available via our
online international money transfer service
The HiFX Telephone Transfers service allows you to buy and sell all the World’s major currency pairs - for example AUD / GBP as well as GBP / AUD.
$
Australian Dollar
$
Canadian Dollar
XPF
Central Pacific Franc
kr
Danish Krone
€
Euro
FJD
Fiji Dollar
$
Hong Kong Dollar
INR
Indian Rupee
¥
Japanese Yen
$
Mexican Peso
NZ$
New Zealand Dollar
kr
Norwegian Krone
K
Papua New Guinean Kina
₱
Philippine Peso
WST
Samoan Tālā
$
Singapore Dollar
SBD
Solomon Islands Dollar
R
South African Rand
£
Sterling
kr
Swedish Krona
CHF
Swiss Franc
฿
Thai Baht
د.إ
United Arab Emirates Dirham
$
US Dollar
Vt
Vanuatu Vatu
You’ll have access to over 20 currencies and range of transaction options including:
Spot Contracts
If you have access to your funds and want to convert all or part of them straight away, you can enter into a spot contract. This is essentially a ‘buy now, pay now’ option.
Forward Contracts
This is effectively a ‘buy now, pay later’ scenario, allowing you to lock in a rate, even if you don’t have all your funds available right now. Should the exchange rate worsen you will not be affected. However, it is important to remember that if the exchange rate improves, you will still be obliged to complete your contract.
Market Order
If you are looking to achieve a specific rate, we can arrange a Market Order. This allows you to target a specific rate of exchange. We monitor the markets on your behalf and should the market reach your predetermined exchange rate, your currency is bought or sold automatically. Your order is live 24 hours a day and can be amended or cancelled at any time prior to the transaction taking place.
Vanilla Options
When you purchase an Option you buy the right, but not the obligation, to buy or sell currency at an agreed rate in the future. This acts like an insurance policy by limiting the downside and providing unlimited upside potential.
Regular Transfers
HiFX has developed a Regular Currency Transfers Service to remove the stress organising regular currency transfers can create. We can help you fix the exchange rates for up to 12 months into the future and organise your international money transfers. The process is fully automated via Direct Debit and ensures customers will never miss a payment.
For more information on these and other products please visit our Guide to Foreign Exchange.
Still confused? Don’t panic!
Don’t worry if you are still unsure which option is right for you. We have a team of dedicated foreign exchange consultants who will happily listen to your needs, explain the various strategies available to you and keep an eye on the market for you.
To discuss which strategy is right for you, call us on:
+61 2 8270 4500 to discuss your requirements.