OFX
26 Case Studies
A OFX Case Study
Crawford Boots, an Australian business that manufactures specialized mining boots, faced significant challenges due to volatility in the AUD-USD exchange rate. As a company importing materials from Asia and dealing in US dollars, this unpredictability made it extremely difficult to forecast costs and set stable domestic prices without passing on the financial burden to its customers.
The company turned to OFX for a currency solution. With the consistent support of a dedicated OFXpert, Crawford Boots was able to fix its exchange rates, providing the cost predictability it needed. This allowed the owner to focus on running the business instead of monitoring the markets, and the competitive rates from OFX also resulted in cost savings.
Penny Crawford
Crawford Boots