Online and Mobile Account-to-Account Foreign Exchange Transfers via
Proprietary Tech Platform
Considerable Cost Savings, Transparency, Speed over FX Services Offered
USForex’s and CanadianForex’s proprietary technology platforms enable account-to-account foreign exchange transfers at a considerable discount to the rates and fees of banks; a key selection criteria for Travelex. For the first time, Travelex’s customers can easily and efficiently transfer money at real time rates from their bank accounts, in any of more than 50 currencies, to friends and family around the globe.
Travelex customers will also no longer need to visit payment locations to send money overseas as USForex’s and CanadianForex’s technology platform facilitates foreign exchange transactions conducted online, via iPhone or Android applications, or by calling 24-hour customer service, toll-free. Customers can also check rates and access market commentary via mobile or online.
“Offering the capability for consumers to conduct international payments online is a natural extension to our business in a rapidly growing market,” said
In a rapidly-growing foreign exchange marketplace, estimated to be worth over
“We’re very pleased Travelex has chosen to outsource their international payment services to us,” said
Founded in 1976, Travelex has grown to become the world’s leading specialist provider of foreign exchange. Travelex provides cash and pre-paid cards to over 38.6 million retail customers each year, operating online as well as through a network of over 1,400 stores and close to 1,100 ATMs in 26 countries.
About USForex and Canadian Forex
USForex is focused on providing a smarter, online alternative to existing currency exchange services. USForex is a wholly-owned subsidiary of the OzForex Group, one of the world’s largest online international money transfer providers.
The OzForex Group is a global provider of online international payment services for consumer and business clients. OzForex Group technology also powers international money transfer services of Travelex, MoneyGram,
The OzForex Group provides services under the brands OzForex, UKForex, CanadianForex, USForex, NZForex, Tranzfers and ClearFX. Its parent company, OzForex Group Limited, is a publicly listed entity with shares traded on the
For more information, visit www.usforex.com and www.canadianforex.ca/