OFX at a glance
OFX has a 20-year history and is one of the largest foreign exchange specialists in the world. It offers a complete foreign exchange solution, including discounted money transfers, currency hedging tools, recurring transfers, a multi-currency account for online sellers and much more.
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals.
Their transactions are transparent, unlike most banks. Also, as the rates are displayed on the site, customers can see what rates they can expect.
How much does it cost?
Exchange Rates - OFX exchange rates are extremely competitive for global money transfers – either the best or very close to the best exchange rates prevailing in the market.
Transfer Fees - OFX usually charge a flat fee for smaller amounts, but if you click on the link below or mention that you are a BestExchangeRates customer, then your transfers will be fee free.
How long does it take?
Once OFX receive your payment the transfer recipient will receive the converted funds into their account in 1-2 business days.
Is OFX safe?
Yes they are. OFX is regulated in each country that they operate. See our full review of OFX for more information.
A Trusted Foreign Exchange Specialist
As the Official Currency Exchange Provider in the USA and Canada to the NHL®, OFX manages a portion of the NHL’s currency exchange requirements and promises to move NHL fans' money with great exchange rates.
Great OFX Services for Online Sellers
OFX is an Amazon Payment Services Provider. Also receive payments from Afterpay, Klarna, Zip and more. You can collect your online seller global revenues in USD, EUR, GBP, CAD, AUD, SGD and HKD.
For more details on OFX exchange rates, service and what their users think read our guide OFX Foreign Transfers Reviewed.
You Can Save Money when you Compare OFX Exchange Rate Margins & Fees
The below comparison table makes it easy to calculate the Total Cost you are being charged on your currency transaction by OFX versus the market mid-rate. It is easy to calculate any savings available from popular market-leading FX providers.
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