Case Study: Hark Enterprises simplifies cross-border payments and protects cash flow with OFX

Hark Enterprises simplifies FX with OFX as shipping times stretch from 30 to 90 days

Hark Enterprises, a distributor and wholesaler of barbeque units and accessories, faced challenges with cash flow and managing large swings in the currency market when importing US style BBQ products. Their previous experience with a bank for foreign exchange was complex and uncompetitive, leading them to seek a better solution from vendor OFX.

OFX provided a simple and competitive platform, including the use of Forward Contracts to lock in exchange rates for up to 12 months. This gave Hark Enterprises certainty for cash flow and protected them from currency volatility. The solution allowed the business to focus on its core operations rather than worrying about foreign exchange, with the founder describing OFX as "easy" to use.

Hark Enterprises