Case Study: Zoratto Enterprises saves $50,000 with OFX

Zoratto Enterprises saves $50,000 with OFX

Zoratto Enterprises, a third-generation family-owned Australian wholesaler, faced the challenge of high costs and volatility when making international payments to suppliers using traditional banks. They turned to the vendor OFX for a more efficient and cost-effective foreign exchange service, specifically utilizing its Forward Contract product to mitigate currency risk.

OFX provided a personalized service and a Forward Contract solution that allowed Zoratto Enterprises to lock in a favorable exchange rate. This strategy protected the business from significant currency fluctuations, saving them an estimated $50,000 and preventing potential price increases for their customers. The customer emphasizes that OFX treats them like a partner, not a number, fostering a strong relationship that will continue with future generations of the business.

Zoratto Enterprises