Forex World is currently going through a system overhaul while we take our remittance platform to new heights. Forex is working with one of the largest digital solution company's on an innovative platform that would provide our customers with more flexibility and control within your remittances in During this major upgrade, Forex World will need to temporarily put our remittance operations on hold closed temporarily. We have a new remittance bank account with ANZ bank so please update our account details in your Internet Banking to avoid any deposits going into the wrong account which will cause delays.
Please note that we will not accept any Cash Deposits into this account, so please use internet banking as your means to deposit funds into our account when wanting to send money through Forex World.
Forex is happy to announce that we have secured a new bank account specifically for remittances transactions only. This means that all future transfer deposits made to Forex will have to made into this account only. Same rules will apply with this account meaning that all funds must be deposited via Internet Transfer only.
Any cash deposit transactions will be refunded back to the sender, therefore not be processed. Please contact us with your remittance advice as soon as you transfer the funds into this account so that we can process your remittance as soon as possible. Contact us on 02 or or email us via send forexworld. The NAB account will be closing onTuesday, May 2, which means you will no longer be able to transfer funds into the account after this date. We will no longer have access to this account after this date.
If the transfer is originating from the same bank, then your funds should clear into the Forex World account on the same day in most occasions, almost instantly. If transfer originates from a different banking institution, then it would take 1 to 2 business days. If transferring from a third party bank from bank other than ANZ , funds may not clear for up to 24 - 48 hours. We will process the transaction once the funds have cleared.
Exchange rate will be based on the day the transaction is processed, not on the day of your transfer. There continues to be a lot of pressure on Banks and regulators regarding the money service industry.
This is due to the changing landscape and dynamics of the World today and how money flows in and out of certain countries. Money Laundering and Terrorism Financing tops the list of concerns which is why Forex World have been working diligently to ease those concerns by continuing to raise our operational and compliance standards in order to place comfort in the banking sector regarding our business and the level of risk posed our customers.
Forex World are proud to have been recognised by the Australian Remittance and Currency Providers Association ARCPA to have met its compliance best practice requirements and were granted accreditation. To help us to sight your funds sooner which means we would process your transaction quicker, please deposit funds to our account corresponding to your bank , otherwise delays will occur as funds will not be visible in our account for approximately to business days after your transfer.
If you're using an Android device, click here to see how. Forex Bank Details For bank deposit reference. Can I still transfer money into your NAB account?
How long will it take for my funds to clear into this Forex account? Why has the account changed? Ways to help Forex process your transactions quicker Attach a transfer receipt to my Online Remittance Form, or fax a copy to 02 , or scan and email the receipt to send forexworld.More...