Mifx – a new way to deal with foreign currency exchange

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As Papua New Guineans embrace the use of internet and mobile technology, financial institutions are also ensuring that they keep up with technology by introducing new innovative products that make it simple and easy for their target customers to access financial products.

And the latest financial institution to embark on offering another innovative product is Nationwide Microbank Limited with their Mifx service.

Mifx is the newest provider of foreign currency exchange and transfers in Papua New Guinea. It offers currency exchange and international payment services either online or by phone to both individuals and companies.

Mifx enables you to:

  • Send money either to or from Papua New Guinea.
  • Transact online, by phone or visiting one of our branches.

But that’s not all.  One of the unique features and in line with modern online services is that it has a Twenty-four hour a day, five day a week availability.

The rates are live and with a calculator feature immediately visible on the website, you can get the latest rates in real time.

And it’s not just about the simple and easy features.  What we like about this new service is that it can be a real money saver.  That is, no bank fees on AUD or NZD purchased or even USD payments made to USA.

But before you can use the service, you will need to register online.  And it doesn’t cost you a dime to register.   Clicking here to register.