Abstract:Etrans Group has been in business for more than 20 years and is a multinational company specializing in providing currency exchange and remittance services, with offices in Melbourne, Sydney, Vancouver, and services covering Australia and Canada. Etrans currency exchange is authorized and regulated by ASIC in Australia (regulation number: 439303) and holds a Canadian financial license (license number: M08880270).
Registered Country/Region | Australia |
Regulation | ASIC |
Company Name | E-TRANS Group Pty. Ltd. |
Founding Time | 2000 |
Registered Company Address | Level 5, 350 Collins Street, Melbourne, VIC, Australia, Victoria |
Products & Services | Inernational Transfer & Foreign Exchange |
Trading Platform | Properietary platform |
Payment Methods | Internet banking, mobile banking, local bank |
Customer Support | Phone & Email support |
General Information & Regulation
Etrans Group has been in business for more than 20 years and is a multinational company specializing in providing currency exchange and remittance services, with offices in Melbourne, Sydney, Vancouver, and services covering Australia and Canada. Etrans currency exchange is authorized and regulated by ASIC in Australia (regulation number: 439303).
Products & Services
Etrans currency exchange provides individual and corporate customers with international exchange, safe and fast remittance to various global currencies, including USD remittance, GBP remittance, HKD remittance, JPY remittance, etc. Besides, Etrans' Melbourne, Sydney, and ETX Vancouver locations worldwide are dedicated to providing individuals and corporate customers with foreign currency exchange services. ETX is one of the first financial institutions to offer RMB services, 按and can provide offshore RMB international settlement services for both individual and corporate customers.
How to open an account and become a registered customer?
You need to bring you passport or drivers license plus bankcard, as well as a proof an address (bank statement, utility bill etc) to any branch.
You will also need to fill out an open account from at this companys branch, or in advance which can be downloaded from its website. After you have successfully registered, you are entitled to a range of special offerings by E-TRANS including, but not limited to special rates, quick telegraphic transfer and low T/T fees.
E-Trans does not accept customer registrations through phone calls or emails.
Real-Time Exchange Rates
The official website of ET Exchange shows the real-time exchange rates of some popular currencies, such as AUD/CAD as low as 0.9930 (Bid) and 0.9738(Ask), AUD/RMB as low as 5.0460 (Bid) and 5.1429 (ask). AUD/EUR as low as 0.6407(Bid) and 0.6493(Ask), CAD/CNY as low as 5.2694 (Bid) and 5.3634(Ask), NZD/CNY as low as 4.6300 (Bid), as low as 4.7390 (Ask). Currency exchange rates vary from time to time, and other currency exchange rate details need to ask customer service.
Trading Platforms
eCom Exchange offers the eFX Manger trading platform, but for more information about this trading platform, investors need to register for an account.
Payment Methods
If you are only exchanging cash in your home currency or foreign currency up to a certain limit and withdrawing the equivalent in foreign currency or home currency, you can do so directly without registering as a customer; if you are exchanging cash in your home currency or foreign currency up to a certain limit or more, you will need to register as a customer before proceeding to the next step. The limit varies from country to country, so please consult the appropriate Etrans branches for details.
Customer Support
Clients who have any inquiries o trading-related issues can get in touch with E-trans through the following contact channels:
Telephone: 1 604 685 8255
Email: melbourne@etrans.com.au, vancouver@etrans.com.au
Pros & Cons of Etrans
Pros | Cons |
AISC-regulated with long establishment | Limited service range |
Real-time exchange rates | Average customer support level |
Proprietary platform | Negative reviews |
Payments via Cheques taking 3 business days |
Frequently Asked Questions
Is Etrans regulated?
Etrans is regulated by the ASIC in Australia, with regulatory license number 439303
Where I can find the rate?
You can find the rate and market trends on Etrans website to help you decide the ideal time to exchange your currency.
Do I have to registered for cash transactions?
If you are exchanging less than 1000 AUD (or foreign currencies equivalent), it is not necessary for you to open an account with Etrans. However, if you want to exchange more than 1000 AUD (or foreign currencies equivalent), you will need to open an account with Etrans before doing any transactions.
What are payment methods supported by E-Trans?
You can transfer any amount to E-Trans' bank account through internet banking, mobile banking, or visiting your local bank. You can also make cheques payable to E-TRANS, and it takes 3 working days to clear.