OrbitRemit makes it cheaper to send money abroad

The global money-transfer business is a world away from selling property, but three Wellington real estate agents are making a go of it.

Their company, OrbitRemit, lets members in New Zealand, Australia and Britain transfer money to overseas bank accounts online for a flat fee – rather than a percentage of the transaction.

The business is an offshoot of Tommy’s Real Estate, and counts Tommy’s founders Tommy Heptinstall and David Platt among its directors.

OrbitRemit director Robbie Sampson – a former Tommy’s real estate agent – says members can send money to New Zealand, Australia, Britain, the Philippines, Vietnam and, as of last month, to China.

View the full article on stuff.co.nz

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