OFX, the Australia-headquartered foreign exchange firm, has signed up as a sponsor of the International Tennis Federation, the sport's governing body, in a multi-year deal.
OFX becomes the exclusive global FX partner of the ITF, with its international money transfer services to allow the ITF and its member nations to make payments in a choice of over 55 currencies at competitive exchange rates and with fee-free transactions.
The ITF stated it will have access to OFX’s dedicated local and global payment specialists, easy-to-use online platform and preferential 24/7 customer support.
Kelly Fairweather, ITF chief operating officer, said: “The ITF is delighted to partner with OFX, whose global footprint and service will bring multiple benefits for the ITF and the wider tennis community. The ITF, along with our member nations, are responsible for the development and growth of tennis globally and therefore, any savings that can be made mean more can be invested into achieving these objectives.”
Sarah Webb, president of OFX UK and Europe, added: “OFX was founded to offer businesses and consumers, like the global ITF sports community, unparalleled service and a fairer deal when transferring money abroad. This global partnership will facilitate easier local currency payments and offer tangible savings that can be passed on to all of its member nations and players.”