How foreign exchange can become a lifeline
Retirement should be a time of warmth, relaxation, and contentment. However, managing funds across borders using disconnected and dated banking systems can cast a shadow on this special chapter of life.
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Key Points
- According to ABS 2021 census, 7.5 million people residing in Australia in 2021 were born overseas.
- Australian residents may need to transfer money internationally when travelling abroad, for inheritance or estate transfers, buying and selling property, or emigrating from Australia.
- Send Payments provides ultra-competitive exchange rates and dedicated local customer service to help you save money when transferring funds internationally.
For seniors who reside in one country while receiving their retirement income from another – or those who choose to spend their time abroad, travelling, visiting family, or resting up by a beach – the challenges of currency exchange, transfer fees, and fluctuating exchange rates can be daunting.
To help, we have put together five ways Send Payments can fix this for you.
1. Competitive rates
Send provides highly competitive exchange rates, sometimes up to five times cheaper than your bank can offer, ensuring you get the most value for your money.
2. Dedicated account manager
As a Send customer, you have access to your very own dedicated account manager. They will be there to support and assist you, from giving you the latest exchange rate and cross-checking foreign bank account details, to processing the transfer with you over the phone.
3. Your security matters
Send Payments takes security and data protection seriously. Send is fully regulated by ASIC and AUSTRAC and holds its own Australian Financial Services Licence (AFSL).
4. Self-Service portal
If you wish to transfer your money at any time of the day with no assistance required, Send has a seamless portal. You can transfer funds effortlessly if your transaction falls over the minimum transfer of $250 AUD and under $50,000 AUD.
If you’d like to transfer over $50,000 (or equivalent) or you’d simply like to know more about how it works, then you can speak to your personal account manager at Send Payments on 1800 982 418.
5. 30+ currencies to 200+ countries
Experience global financial freedom with over 30 currencies available in more than 200 countries.
Through cost-effective exchanges, transparent fee structures (with no hidden Send Payment fees), swift transfers, and a dedicated account manager, Send has proudly earned an outstanding Trustpilot Score of 4.9/5, making the financial burden a speck on your retirement journey.
Read about the positive experiences Send customers have had here.
National Seniors Australia Disclaimer: This content includes sponsored advertising which helps fund our important advocacy work. Please note that the information provided and opinions expressed in this advertising material are solely those of the advertiser. We encourage you to carefully evaluate and consider any advertised offering before making a purchase. Any transactions or interactions between you and the advertiser are solely between you and the advertiser.
