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- Region: New Zealand
- Australia
- New Zealand
- UK/US/Europe
A Hamilton based rug manufacturer was investing US $1,000,000 in a manufacturing plant in China. They needed to make payment on the 14th July 2008. They obtained an exchange rate from World First and then their bank to make a comparison.
| Retail Bank | World First | |
|---|---|---|
| Exchange Rate | 0.75510 | 0.76082 |
| Transfer Fee | NZ $25 | £0 |
| Total NZD Cost | $1,324,353 | $1,314,371 |
| Total Saved | NZ $9,982 |
This is a fictional case study to illustrate the potential savings that can be made.
