View Post

Send or Receive Money for a chance to Win

Whether you’re sending or receiving money internationally, we can help. Send or receive money overseas by a Telegraphic Transfer when using our International Payment service, powered by Western Union Business Solutions (WUBS), and you will go in the draw to win a $1,000 voucher. If you are looking for a timely and reliable way to send or receive funds overseas, our International Payments services gives you 24×7 control. Competitive exchange rates1 $0 fees on incoming international payments2 Timely and reliable3 Send …

Read More
View Post

World’s Best Banks 2020

Customer Owned Banks Top Australian rankings of Forbes’ World’s Best Banks 2020 Customer owned banks (such as First Option Bank) have been ranked as the best banks in Australia by Forbes’ World’s Best Banks 2020. Forbes partnered with market research firm Statista to rank the best banks in 23 different countries, surveying more than 40,000 customers around the world for their opinions on their current and former banking relationships. Banks were rated on general satisfaction and key attributes including trust, …

Read More
View Post

Move to Quarterly Account Statements

First Option wishes to advise that most Member Statements will be moving from monthly frequency to quarterly (i.e. every 3 months). When? This change will occur after the 30 June 2020 statements are issued. Your next statement will be dated 30 September 2020, followed by 31 December 2020. Why? The widespread use of online banking allows First Option members to check their transactions 24×7. It is better for the environment by reducing the amount of paper we use. Cost savings …

Read More