OFX
51 Case Studies
A OFX Case Study
Mr Pool Man, a pool supply business that grew from a sole trader into an online retail store, faced unsustainable costs when ordering larger amounts of stock from its Australian suppliers. To source products more cheaply, the company began ordering directly from manufacturers in China, which created a new challenge: finding a better way to pay overseas suppliers and manage multiple currencies than using a bank.
By using OFX, Mr Pool Man gained a simple and reliable method for international transfers. The solution provided great rates and allowed the business to plan for its seasonal needs by making informed decisions on when to transfer money to take advantage of favorable exchange rates. This supported the company's expansion and the successful launch of its own product line.