Technocash

Save Your Money From
the EUR Sinking Ship Now

The viability of the Euro is in doubt as reported regularly, leading to fears among individuals and businesses alike about the drastically dwindling value of their money. Please read this page carefully because the Technocash term deposit agent service may benefit you. There is no easy and quick solution to the Euro crisis - however there are ways to preserve your money and provide a safe haven for your Euro.

Open a Technocash account, load EUR and convert to Australian dollars (AUD) and earn interest on term deposits with high quality banks, building societies and credit unions. Contact Technocash on marketing@technocash.com for more information on providing a safer haven for your Euros.

How does it work?

Step 1: Apply online for a verified Technocash account

Step 2: Wire EURs to your Technocash account

Step 3: Convert EUR to AUD

Step 4: Earn interest because Technocash, as your agent, will arrange for your money to be placed in a term deposit in Australia

Step 5: At the end of the agreed term, the money (plus your share of the interest earned) is transferred back to your Technocash account ready to convert to a wide range of currencies, bank out or placed back in a new term deposit

Individuals apply here for your GFX Account, and businesses apply here for a Business Account

Read our Agent Terms and Conditions for Term Deposits to get started

EUR is failing, but you don’t have to as well

The Australian economy represents a safe haven for your Euro. If you have a lot of funds in EUR, the ailing currency does not bode well for your money. Technocash, a licensed Australian financial institution helps you convert your money to AUD and stores your funds safely in an unhedged term deposit with an Australian licensed bank, credit union or building society. The arrangement enables you to access an interest rate of approximately 3% on your deposit.

Australia enjoys a stable economic climate and according to the World Bank, GDP in 2011 was an impressive USD1.37 trillion. This translates into USD68,916 per capita, based on figures from the Department of Foreign Affairs and Trade (DFAT). Australian banks also generally enjoy good credit ratings, ensuring your money is safe. The big four major banks (ANZ, CBA, NAB and Westpac) have an excellent credit rating of AA-, according to Standard & Poor.

As the Euro crisis unfolds, tuck your money away with confidence. Appoint Technocash as an agent on a contract basis - your money is deposited in a segregated account and never combined with funds from other individuals or businesses. Convert EUR to AUD with Technocash to earn interest.

Individuals apply here for your GFX account, and businesses apply here for a Business account. Get started now because today is a great opportunity to discover a safe haven for your euro. AUD term deposits are not hedged. Contact Technocash on marketing@technocash.com if you would like us to arrange hedge swaps on your behalf.