Brett Evans

To give you an idea, if you walk into a NAB, CBA or a Westpac branch and said, I want to transfer this money overseas, you got to pay between 3% to 5%.

I'm convinced that they...

their bonuses, their annual bonuses are funded from just that margin on FX.

It is so big.

Those Visa debit cards are very, very good.

And I think, you know, the most recent one we saw was a client was about to lose $18,000 Australian dollars.

And we got him just in time and we hooked him up with OFX and said, talk to these guys.

OFX, and it's different too.

You know, Y is great for smaller amounts, but there's no accountability.

Whereas OFX, you've got an account manager.

There's that one throat to choke.

And when you're transferring sales amount of money, you want to make sure that money gets there.

And they're ASX listed, APRA regulated, ASX, yeah, so on and so forth.

So to me it's that accountability because I don't know if I've seen a lot and I've had myself my own experience with problems with chatbots overseas when you've transferred money and you've got no one to talk to.

You just go around in circles on these chatbots and it drives you nuts.

Yep.

Yeah, I just go agent, agent, agent, agent.

Sort of catches on eventually.

brett evans from atlas wealth thank you so much for jumping on today it's always a pleasure and um hope the folks uh got a bit of information out of that so it's a lot to digest but um yeah i think we there's enough there for everyone to enjoy

Cheers.