Australian Immigration Daily News

Did you know that your clients could be losing up to 5% of the value of their money when making an international money transfer to Australia?

For a client transferring £100,000 from the UK it can equate up to £5,000 (A$10,000) of their savings being lost in poor conversions rates offered from their bank.

An alternative solution to avoid such losses is to use a regulated foreign exchange company.

A company like TorFX;  from their offices in Australia and The UK have been assisting individuals and families relocate to Australia for over 10 years.

TorFX’s Business Development Manager Ian Cragg, who himself emigrated from the UK said “Most individuals who need to transfer money to another country are unaware that there are alternatives to the traditional banking methods. It takes 2 minutes to set up an account with TorFX, it’s a very safe, regulated way of transferring funds and you can literally save thousands of dollars on large volumes transfers.”

TorFX works with Registered Migration Agents

A large proportion of TorFX’s clients are referrals from professionals in the immigration industry just like yourselves.

Ian Cragg added: “We have developed a large network of migration agents who refer clients to us that need to transfer money into Australia.”

Clients from the USA, UK, Europe, Canada, Singapore, Hong Kong, Japan and New Zealand have all been introduced to us by Australian based agents.  Some simply use our service to pay their migration agents invoice others transfer the proceeds of property sales and their entire life savings.

Earn when referring to TorFX

Not only can you save your clients significant amounts of money on their international money transfers, you can also earn money for the introduction. TorFX pay a profit share to agents for each transaction a client makes, for the lifetime of the client, which can become very profitable over time.

Find out more about working with TorFX here