Associated Foreign Exchange (AFEX) 
How can AFEX help me with my recent Yacht purchase?
As one of Grant Torrens International Marine's preferred foreign exchange specialists, AFEX is ready to help you with your international transactions to ensure your recent purchase is 100% stress free. AFEX will securely deliver your funds on time, every time. And for our Grant Torrens clients, we make the process even smoother by offering free transaction fees on all your orders. Our private clients receive the most competitive foreign exchange products and rates, and payment processes are fast and convenient.
How do I open an account with AFEX?
Opening an account with AFEX is simple. Please set up account to download the account application form and more information. Or contact your dedicated Account Manager, Reza Cameron, at rcameron@afex.com or call 02 9268 7621.
Will I be charged any fees?
There are no charges to set up an account with AFEX or to use our online payment system. As Grant Torrens International Marine's preferred FX Specialist, AFEX is waiving all transaction fees on all your orders.
How do I transfer funds to AFEX?
Once you instruct AFEX to exchange your currency, you will receive a confirmation with details of the order and our bank details. You can either arrange a bank transfer to AFEX or arrange a Direct Debit facility for your funds to be transferred automatically after each trade.
Can I track the staus of my payments?
Yes. AFEX can track your funds globally once we have initiated the sending of funds to your beneficiary, and we can provide you with official SWIFT confirmations on request.
Is money I send to AFEX secure?
Yes. AFEX is licensed and regulated in all of the jurisdictions in which it operates. In Australia, we are licensed and regulated by ASIC and AUSTRAC, operating under Australian Financial Services License Number 305246 (Please check the ASIC website http://www.search.asic.gov.au/fsr/flb.html and enter Number 305246 in the License Number field). This is the same financial services license that bank holds. As part of this license we are regularly audited to make sure we are fiscally secure. ASIC constantly reviews and checks our license and operating procedures. We are the fastest growing FX Brokerage in the World, one of the 'Big 3' FX Specialists in Australia & the UK, and our AUSTRAC and RG146 regulations ensure the highest possible quality for our service, all of our account managers/dealers are RG146 accredited. AFEX have trading relationships with the largest institutional banks in the world including HSBC, ABN Amro, Deutsche Bank and Bank of America.
I travel extensively. Can I deal with AFEX outside business hours?
Yes. AFEXDirect online payment system is available to you 24 hours a day to exchange currency, book spot and forward deals and arrange funds to be transferred globally, all in one platform. AFEXDirect also gives you full transparency and control with detailed trading history, live currency rates and beneficiary account templates.
How can AFEX ensure quick delivery of funds to my beneficiary?
AFEX is a member of the global SWIFT network. This means that, unlike many brokers who rely on banks to transfer the funds on their behalf, AFEX delivers these funds directly through SWIFT. This also means we can monitor and track your funds and provide you with instant official payment confirmations.
What currencies can AFEX deal in?
AFEX is able to deal in all major and exotic currencies traded globally, except those embargoed internationally.
Can I make payments and echange currency online?
Yes. AFEXDirect is available to all AFEX clients free of charge to exchange currency and make payments online. Please click on this link or speak to Reza Cameron for more information at rcameron@afex.com.