Is it safe to trade through your company?

Premium Wealth’s license is authorised and issued by Australian Transaction Report and Analysis Certre (AUSTRAC). We are entitled to provide remittance service. The transactions you trade through Premium Wealth will be supervised and regulated by AUSTRAC. We promise and strictly abide by Australia related laws to ensure the confidential of our customers’ personal information. According to Anti-Money Laundering and Counter-Terrorism Financing Amendment Act, you will be required to prove your source of funds if necessary.

What documents need to be provided when opening an account?

Personal Account:

provide two of the three documents, passport, Australian Driver License, ID card etc. A valid address proof is required when necessary, such as, bank statements, water bill, or gas/electricity bill etc.

Company Account:

  • Company Registration Documents: Business Registration Certificate with ANB/ACN is essential.
  • Director’s individual identification documents and shareholders’ identification documents who hold more than 25% shares in the company.

Why choose Premium Wealth?

We don’t have extra service charge and there is no limit of the foreign exchange amount. We provide the most competitive exchange rate, fast payment method, flexible transaction mode to minimize your costs and protect the safety of your funds.

If I provide the account information with error, is there any risk of my funds?

Normally there is no risk of your funds unless the wrong account information exactly matches another person’s account. We will contact you immediately when receiving the refund and arrange to make a new transfer to your correct bank account. In order to avoid unnecessary loss, we strongly recommend and remind you to double check and ensure that the information you provided is correct.

In addition to CNY and AUD, do you trade any other currencies?

Our exchange service also covers USD, HKD, NZD, CAD, JPY, EUR, GBP and SGD etc. We provide two-way transfer for all these major currencies.

If there is a satisfactory exchange rate, but the funds are not ready yet, what should I do?

In order to provide better valuable service to our customer, Premium Wealth provides a rate lock-in trading service. A 10% deposit is required and the remaining amount must be paid on the next day. Please note, the exchange rate fluctuates in real time, once the lock-in trading price is confirmed, the transaction cannot be changed. Please consider carefully when you confirm to lock-in the exchange rate.

Can you provide funds proof for business migration?

As an independent currency exchange financial institution authorised by the Australian Federal Government, we provide high-quality foreign exchange and remittance services. Our standardized operating procedures are satisfied the requirements of the Department of Home Affairs for your business immigration needs. Choosing Premium Wealth can reduce your costs as we offer special exchange rates, as well as make the transfer simple and hassle free.

If I am not in Australia, can I still trade with your company?

After completing the relevant account opening procedures, no matter where you are, you can still trade with us by phone, email etc.