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OFX & BestExchangeRates – Zero fee offer

OFX International Money Transfers

  • Low cost and transparent fees
  • Excellent customer service and advice
  • Support is available 24/7 online or by phone
  • Rapid funds transfer with large network of banking partners

OFX has partnered with BestExchangeRates to offer you fee free money transfers.

If you register with OFX using the below BestExchangeRates FX partner deal promo code link you won’t pay the usual fees* for transfers.

OFX – zero fee offer

  • OFX is the new unified brand name for OzForex, USForex, UKForex, NZForex, and CanadianForex
  • It is one of the largest and most transparent FX providers
  • It offers excellent customer service and advice
  • System support is available 24/7 online or by phone with teams working across major time zones
  • Rapid funds transfer through OFX as it has a large network of banking partners.

Read our the full OFX review, where we examine OFX rates, fees plus service and technology or visit OFX for more details and to register for free.

*OFX will waive (on-going) the standard fee of AUD$15, normally applied when transferring under AUD 10,000. Occasionally, third-party banks may deduct a fee from your transfer before paying your recipient. This fee may vary and OFX receives no portion of it.

 

 

OFX Foreign Transfer Rates & Fees - Compared

OFX will save you over 75% in exchange rates margins compared to using your bank and the savings get even better if you are sending a larger amount.

 
  

AUD to USD International Money Transfers

   OFX OFX (OzForex) logo

Foreign Transfer ProvidersReceive USD(U$)Exchange RateFee AUDTotal CostDeal Links
OFX (OzForex) logo
U$6,795
Compare
0.67950^0.8%
Westpac logo
U$6,722.53
U$72 less
0.6736201.86%
ANZ Bank logo
U$6,647.01
U$148 less
0.6659182.96%
BankSA International Money Transfers
BankSA logo
U$6,596.77
U$198 less
0.66120.013.7%
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
U$6,596.12
U$199 less
0.661213.71%
Bank of Queensland logo
U$6,590.17
U$205 less
0.661303.79%
Banks - Average Rate
National Australia Bank (nab) logo Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo Bank of Queensland logo Bank of Melbourne logo BankSA logo
U$6,559
U$236 less
0.6572154.25%
National Australia Bank (nab) logo
U$6,545.57
U$249 less
0.656224.44%
Commonwealth Bank (CBA) logo
U$6,393.16
U$402 less
0.63976 6.67%
St George Bank logo
U$6,378.22
U$417 less
0.6391206.89%
 

OFX (OzForex) logo

OFX (OzForex): Foreign Transfer AUD→USD
From Amount (AUD)A$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:0.6795 (0.8% from mid-rate)
To Amount (USD) U$6,795
Total Cost:0.8%
Time:
Rate Fetched: 16:46 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

Westpac logo

Westpac: Foreign Transfer AUD→USD
From Amount (AUD)A$10,000
Fee:20
Exchange Rate:0.6736 (1.66% from mid-rate)
To Amount (USD) U$6,722.53
Total Cost:1.86%
Difference:
U$72 USD less than using OFX (OzForex)
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

ANZ Bank logo

ANZ Bank: Foreign Transfer AUD→USD
From Amount (AUD)A$10,000
Fee:18
Exchange Rate:0.6659 (2.79% from mid-rate)
To Amount (USD) U$6,647.01
Total Cost:2.96%
Difference:
U$148 USD less than using OFX (OzForex)
Time:
Rate Fetched: website - Mon Nov 11 2019 16:03:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

BankSA logo

BankSA: Foreign Transfer AUD→USD
From Amount (AUD)A$10,000
Fee:20.01
Exchange Rate:0.6610 (3.5% from mid-rate)
To Amount (USD) U$6,596.77
Total Cost:3.7%
Difference:
U$198 USD less than using OFX (OzForex)
Time:
Rate Fetched: website - 16:46 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Bank of Melbourne logo

Bank of Melbourne: Foreign Transfer AUD→USD
From Amount (AUD)A$10,000
Fee:21
Exchange Rate:0.6610 (3.5% from mid-rate)
To Amount (USD) U$6,596.12
Total Cost:3.71%
Difference:
U$199 USD less than using OFX (OzForex)
Time:
Rate Fetched: website - 16:46 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Bank of Queensland logo

Bank of Queensland: Foreign Transfer AUD→USD
From Amount (AUD)A$10,000
Fee:30
Exchange Rate:0.6610 (3.5% from mid-rate)
To Amount (USD) U$6,590.17
Total Cost:3.79%
Difference:
U$205 USD less than using OFX (OzForex)
Time:
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→USD
From Amount (AUD)A$10,000
Fee:15
Exchange Rate:0.6689 (2.35% from mid-rate)
To Amount (USD) U$6,559
Total Cost:4.25%
Difference:
U$236 USD less than using OFX (OzForex)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

National Australia Bank (nab) logo

National Australia Bank (nab): Foreign Transfer AUD→USD
From Amount (AUD)A$10,000
Fee:22
Exchange Rate:0.656 (4.23% from mid-rate)
To Amount (USD) U$6,545.57
Total Cost:4.44%
Difference:
U$249 USD less than using OFX (OzForex)
Time:
Rate Fetched: website - Mon Nov 11 2019 16:05:03 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 

Commonwealth Bank (CBA) logo

Commonwealth Bank (CBA): Foreign Transfer AUD→USD
From Amount (AUD)A$10,000
Fee:6
Exchange Rate:0.6397 (6.61% from mid-rate)
To Amount (USD) U$6,393.16
Total Cost:6.67%
Difference:
U$402 USD less than using OFX (OzForex)
Time:
Rate Fetched: website - Mon Nov 11 2019 16:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
 

St George Bank logo

St George Bank: Foreign Transfer AUD→USD
From Amount (AUD)A$10,000
Fee:20
Exchange Rate:0.6391 (6.7% from mid-rate)
To Amount (USD) U$6,378.22
Total Cost:6.89%
Difference:
U$417 USD less than using OFX (OzForex)
Time:
Rate Fetched: website - 16:46 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 11/11/2019 - See full table
   

Further Reading

 

Disruptors Challenging Australian Banks in Forex Price and Service: ACCC Report

Key Takeaways from the ACCC inquiry into currency conversion services. BestExchangeRates referenced among comparison sites playing an important role in customer awareness of the excessive currency margins charged by banks.

Last update: 1 Oct, 2019

Facebook’s Libra Is Not the Game Changer That’s Being Promised

Enthusiasts would have us believe that Facebook’s own digital currency, Libra, will instantly revolutionize the remittance industry upon its release in 2020 — except it won’t. A harsher reality awaits, with conversion costs, capital gains taxes and a lack of Libra-priced goods all likely to limit its appeal.

Last update: 6 Jul, 2019

TransferWise Gets Malaysian Remittance Licence

No longer will Malaysians sending money overseas be subjected to grossly inflated exchange rates and unnecessary bank charges following news that TransferWise has been granted a remittance licence by Bank Negara.

Last update: 19 Jun, 2019

  

Posted to: Reviews

 
   

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