OFX money transfer

OFX was established in 1998 and is among the largest foreign exchange companies globally and Australia's largest non-banking FX service provider. The company's main aim is providing individuals as well as companies cost-effective and fast options to all the available foreign exchange services

Contact OFX

Website
Phone number(UK)
+44 207 614 4194
Email Support
customer.service@ofx.com
Mobile App
Customer service
Business account

OFX

Founded
1998
Head office
Sydney, Australia
Available
Worldwide

Transfer options

Countries
197
Currencies
55
Transfer time
1-2 days
Transfer limit
unlimited

Withdrawal options

Bank deposit

Payment options

Domestic Funds Transfer
Electronic Funds Transfer
BPAY
Direct Debits

OFX headquarters is based in Sydney and has its offices across other countries such as Canada, Singapore, New Zealand, UK, Hong Kong, and the US. The company is listed on the Australian stock exchange. OFX was previously known to many as OzForex

It helped and continues to transfer money to millions of its customers across various countries with different currencies. 

The company has a global banking network that allows it to provide good pricing and a better exchange rate that saves you money unlike traditional options such as banks.

How to make a transaction

To make a successful transaction in OFX, the following steps will help:

  1. The first step is to register through filling one's details online.
  2. Upon registration, you will get a call from OFX, which helps you complete the setting up of your account and answer any question one might have adequately.
  3. In case there is a need for additional information, OFX will require you to submit relevant additional documentation needed.
  4. You then proceed to log in on the OFX platform to acquire a live exchange rate quote.
  5. After this, the next step is to enter your recipient bank account's details and book a deal.
  6. The final step is to send funds to OFX via bank transfer within 48 hours, and the company will take care of the rest.

However, if one prefers, you can set up a transaction with an OFX dealer through the OFX mobile app available on Android and IOS. 

Our app allows you to check the exchange rates in the market live and initiate an international money transfer. One can also track their money during the transfer process at any time and anywhere.

Fees & Exchange Rates

OFX Fees

No transfer fees are charged in all their transactions. The whole amount conversion is at an agreed exchange rate.

Another fee encompasses payments settlement through a domestic bank account without the need for receiving bank fees. 

In some cases, when transferring money to the beneficiary account, OFX assures you of no deductions from intermediary banks during the process.

Exceptions to the above are ZAR and JPY that might attract additional fees due to the local regulations.

OFX Exchange Rates

OFX has an array of the best exchange rates in the market. The more one spends, the better the exchange rate OFX guarantees you.

The rate agreement an individual makes with OFX helps one know before the beneficiary you want will receive despite the evolution of the exchange rate.

Advantages

The benefits one gets by using OFX as its choice in non-banking FX service provider include:

  • Has an outstanding customer service with the needed expertise;
  • Many years of experience as well as being the largest in the business which guarantees satisfactory services;
  • Availability is 24/7 both online and by phone; hence one can also track their money during the transfer process anytime and anywhere. 
  • Has an extensive network in banking thus fast and the affordable collection as well as funds delivery;
  • Easy and simple transaction processes with zero transfer fees.

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