OFX international money transfers review

Send your money overseas with OFX and you’ll get a competitive rate and low fees.

Exclusive offer for finder readers:

OFX is offering special exchange rates to finder.com customers – which means your recipient could receive more in their bank. There is also a $0 online transfer fee for all finder.com customers. Special rates are applied that you’ll see along with the transactional rates.
Product NameOFX International Money Transfers
Min. Transfer AmountUSD 150
Max. Transfer AmountNo limit
Transfer MethodsOnline, Bank Account to Bank Account
Transfer OptionsRegular payments, One off payments, Market orders, Forward contracts
Transfer Speed
Minimum transfer time
1 day
Banking PartnerOFX
Customer ServicePhone, Email
Available CurrenciesAED, ARS, AUD, AZN, BGN, BND, BRL, CAD, CHF, CLP, CNY, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HUF, IDR, ILS, INR, JPY, KRW, KWD, LKR, MAD, MGA, MXN, MYR, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, RUB, SAR, SBD, SCR, SEK, SGD, THB, TOP, TRY, TWD, TZS, USD, VEF, VND, VUV, WST, XOF, XPF, ZAR
Online Transfer FeeUSD 0
Exchange Rate UpdatesReal time

Take advantage of flexible transfer options and fee-free transactions when sending money overseas

In business for more than 15 years, OFX is a specialist money provider that offers competitive exchange rates and international money transfers in 55 currencies. With more than 100,000 customers across six continents, OFX has handled more than $100 billion in forex transactions.

OFX dominates with its revolutionary transfer fee cost: nothing at all. And because OFX is a trusted partner of finder.com, you can take advantage of special exchange rates set aside exclusively for finder readers.

If you’re looking for flexible tools that can help you lock in favorable rates for future transfers, OFX allows for limit orders, forward contracts and the ability to schedule recurring payments.

OFX exchange rates

OFX offers strong exchange rates that typically beat those offered by US banks. You can check the rate that will apply to your transaction at any time on its Customer Exchange Rates page.


How much does it cost to transfer money with OFX?

Absolutely nothing — there is no transfer fee for OFX transfers of $150 or more. You may need to pay a fee with a third-party bank, but none of that money goes to OFX.

Minimum transfer amount and available countries

The minimum amount you can send overseas with OFX is $150. While it offers support for more than 50 currencies worldwide, you can send the following currencies from the United States:

How does OFX keep my money safe?
Registered with the US Treasury and state-licensed, OFX takes pride in its multilayer digital defenses that ensure your personal and financial information is safe from malware, phishing and other suspicious activity.

Learn more about OFX and safety.

What types of transfers can I send with OFX?

OFX is a solid option for immediate, one-off transfer overseas. But it also offers a selection of other transfer options:

If you need help with a transfer at any step of the process, OFX phone and email customer support is available 24/7 weekdays.

How to send a transfer with OFX

Before you can send money overseas with OFX, you’ll need to sign up for a free account with:

  • Your name, address and phone number.
  • Your country of origin and nationality.
  • Your driver’s license details.
  • Your occupation.
  • Your transfer details — how much you’re sending and to where.
  • Whether you’re opening a personal or business account.

Once approved, enter the details of your transfer, review the exchange rate and fee and send your funds. OFX processes bank transfers only. When you send US dollars, your transaction is processed overnight.

Pros and cons of using OFX

Pros

  • Currency support. Supporting 55 major and exotic currencies, you can send funds to a large selection of countries worldwide.
  • No fees. With OFX, you won’t pay any transfer fees.
  • Flexible options. From placing forward contracts to scheduling regular transfers, there’s a range of options to suit your needs.

Cons

  • No cash payment or pickup. OFX delivers funds through bank deposit only.

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Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Services Amount Received Description CTA Details
OFX International Money Transfers
USD 150 1 day USD 0.00 18.073 Online, Bank Account to Bank Account MXN 90,367 Send safe, no-limit transfers with no fees and competitive exchange rates. Go to site View details
Do you send money often? Track this rate with tailored alerts direct to your inbox

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Looking for an alternative? Compare competing services to OFX.

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OFX provides fast and secure transfers from the United States in 55 currencies. However, you’ll want to compare the features of a range of money transfer companies before deciding which is best for your specific needs.

Common questions about OFX

No. OFX does not accept cash, check or credit card payment.

No, OFX sends funds by bank deposit only.

Yes, OFX does not allow transfers to Afghanistan, Belarus, the Democratic Republic of Congo, Cuba, Iran, Iraq, Sierra Leone and more. See a full list of excluded countries on OFX’s website.

Yes. The free OFX mobile app is available for both iPhone and Android.

Yes, OFX provides notifications to keep you up to date at every step of the money transfer process.

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