OFX
51 Case Studies
A OFX Case Study
Odin Mortgage, an Australian-owned mortgage specialist based in Hong Kong, assists expats and foreigners in obtaining finance for Australian property purchases. Their clients faced the challenge of needing a fast, trustworthy, and competitive service to transfer large foreign currency deposits into Australian dollars for property settlements, as converting funds through banks often involved high fees and poor exchange rates. They partnered with vendor OFX to provide a solution for these international transfers.
OFX provided a service that was quick, competitive, and simple to use, offering better exchange rates than traditional banks. The solution resulted in significant savings for Odin Mortgage's clients on large transfers and supported the company's rapid growth, including expansion into Singapore with plans for the US and UK. The measurable impact was that clients found the OFX account setup painless and consistently received the best rates for AUD transfers, saving a meaningful amount of money.