Archive for the ‘United Kingdom’ Category

The last week in the currency markets

Friday, April 9th, 2010

The New Zealand dollar and Australian dollar traded in a fairly tight range over the last week due to a lack of any real significant economic data.

GBP/NZD dollar traded in the range of 2.13670-2.16950 over the last week averaging 2.15753.

GBP/AUD traded in the range of 1.64310-1.66010 with an average of 1.65383 over the same period.

The focus in the short term will be on the AUD/NZD cross rate and offshore developments.

The BoE has just announced, this morning, their decision to keep its Bank Rate unchanged at 0.5%, as widely expected, as well as to maintain its bond buying program at GBP200 Bln.  This has given a small boost to both GBP vs both AUD and NZD as I write this.

For those wishing to send money back to NZ/AUS we would recommend doing it now as further uncertainty lurkes around the corner as the UK election looms closer.

Please visit out global site at www.orbitremit.com and select the site where you are to keep up to date with current exchange rates or call one of our local representatives to speak about your money transfer requirements.

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Get Started or Refer Your Friends!

Wednesday, November 11th, 2009

Get Started with OrbitRemit before the end of January 2010 and get your FIRST FREE!

It’s the fastest, most cost-effective and convenient way to send money overseas, so if you’re not a customer already, !

If you are a customer, every friend you refer and every you make earns you rewards points, so get referring and help us spread the word!

OrbitRemit has quickly become the World’s fastest growing Online Payments Services – offering the fastest, most cost-effective and most convenient way to send money from New Zealand, Australia and the United Kingdom!


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OrbitRemit Sponsor Annual North vs. South Island Rugby Match in London

Monday, October 19th, 2009

OrbitRemit Sponsor Annual North vs. South Island Rugby Match in London

OrbitRemit were happy to be involved as the major sponsor of the third annual North vs South Island rugby match held at Richmond Rugby club.  The event was extremely lucky and managed to luck out with one of the most beautiful days of the year.

There was a great turnout to watch the North triumph over the incumbent South for the first time in the brief three year history.

All takings from the day were donated to charity and OrbitRemit were the principal sponsor, providing the team jerseys. (more…)

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Chip away at your New Zealand student loan with OrbitRemit!

Sunday, September 6th, 2009

Chip away at your New Zealand student loan with OrbitRemit!

Unlike swine flu or a European suntan, a student loan is something that won’t go away after a week or so. We know that for many of you out there the thought of commencing repayments on your loan seems like a mountain too high to climb. The harsh reality is that the longer you leave it to start making payments the higher that mountain gets.

It is hard to believe, but the highest rate of interest that can accrue against your loan, if your obligatory payments are not met, is 19.65% per annum, that’s even worse than the rates offered on most credit cards. In consideration of this it really is worth biting the bullet and starting to chip away at that loan.

(more…)

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