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-   -   Ozforex or HIFX?? (https://britishexpats.com/forum/australia-54/ozforex-hifx-517796/)

Julie3w Feb 27th 2008 9:03 pm

Ozforex or HIFX??
 
Can anyone recommend the best one to use to transfer money into a Westpac account?
Thanks Julie

Herusix Feb 27th 2008 9:34 pm

Re: Ozforex or HIFX??
 
I personally chose Ozforex,looked at HiFx as well.

Registered with OZforex and within 20mins of doing the online application I had a phone call from them to confirm everything.

Same again when I transferred fund to Westpac.

So far I can't fault them.

renth Feb 27th 2008 9:41 pm

Re: Ozforex or HIFX??
 

Originally Posted by Herusix (Post 5993817)
I personally chose Ozforex,looked at HiFx as well.

Registered with OZforex and within 20mins of doing the online application I had a phone call from them to confirm everything.

Same again when I transferred fund to Westpac.

So far I can't fault them.

Ozforex. I also recommend you ditch the Westpac account. They almost went under a few years back and when the coming financial apocalypse arrives in Oz they will go under along with all your savings.

EvannTel Feb 27th 2008 9:51 pm

Re: Ozforex or HIFX??
 

Originally Posted by renth (Post 5993851)
when the coming financial apocalypse arrives in Oz

:confused:

Pretty pessimistic I think! While of course possible, highly unlikely I think. I won't be making a withdrawl from my Westpac account to be on that!

hollykimalan Feb 27th 2008 11:23 pm

Re: Ozforex or HIFX??
 
Renth,
When the apocalypse arrives in Oz I am definitely going to move my savings and invest in it.

I think 'apocalypses' have broadly outperformed traditional unitised or with-profit saving vehicles over the last 50 odd years.

Also I think Evantel should reconsider his stance regarding not moving his money in the direction of apocalypse investments.

HKA
x

Devlin Feb 27th 2008 11:41 pm

Re: Ozforex or HIFX??
 

Originally Posted by renth (Post 5993851)
Ozforex. I also recommend you ditch the Westpac account. They almost went under a few years back and when the coming financial apocalypse arrives in Oz they will go under along with all your savings.

Good to see not eveyone is so bullish! The Australian economy is a bubble economy in many respects (commodity and asset prices are way into bubble territory) and will have a severe economic downturn at some point. It's picking when that is the hard part!

annkc Mar 4th 2008 9:34 am

Re: Ozforex or HIFX??
 
i've had a nightmare with HIFX they loose paper work and they dont explain things to you properly. Cutomers service is crap!!!!!!!!
I wou go with the other Ozforex

annkc

Wol Mar 4th 2008 8:45 pm

Re: Ozforex or HIFX??
 
I've used both but only OzForex now, from choice.

chocolatedog Mar 5th 2008 4:18 pm

Re: Ozforex or HIFX??
 
What I have done is register with a few agents. Then when the time comes to transfer the funds I call each in turn ask for the best rate they can do that day an just take the best you can get with out admin fees of course. I have used Ozforex, Moneycorp and AFEX and been lucky enough to have no problems with any.

Sam

Wol Mar 5th 2008 8:02 pm

Re: Ozforex or HIFX??
 

Originally Posted by chocolatedog (Post 6024261)
What I have done is register with a few agents. Then when the time comes to transfer the funds I call each in turn ask for the best rate they can do that day an just take the best you can get with out admin fees of course. I have used Ozforex, Moneycorp and AFEX and been lucky enough to have no problems with any.

Sam

Problem is, the quotes change by the second so you will end up chasing your own tail <g>


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