OFX
26 Case Studies
A OFX Case Study
AVASK, a global accounting firm for ecommerce businesses, sought to become a one-stop financial shop for its online seller clients. A key challenge for these sellers was managing international expansion, including the negative impact of fluctuating exchange rates on cash flow and profit margins when dealing with multiple currencies.
In partnership with OFX, AVASK integrated the OFX Global Currency Account to provide clients with a better way to move funds globally. The solution gives sellers access to OFX's team of currency experts and allows them to send, receive, and hold multiple currencies. This partnership, offering preferential exchange rates and low fees, helps AVASK's clients save money on international payments and safely convert revenue back to their home currency.
Melanie Shabangu
Co-Founder, Tax Director and Co-Author