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ING Direct international payments

ING's international money transfer service is no longer available – find out what that means for you here.

Updated

Fact checked
ING Direct

As of July 2019, ING no longer offers international transfers from any of its accounts. If you’re an ING customer and you want to send money overseas, you can only do so by using a third-party transfer service.

Keep reading for full details of what happened to ING’s international transfer service and what you need to do to make an overseas payment.

ING international transfers no longer available

ING previously offered customers international money transfers through a partnership with OFX.

However, as of July 2019, this service has been discontinued. As a result, ING no longer offers international transfers from any of its accounts.

What does this mean for me?

If you’re an ING corporate or institutional account holder in the United States and want to make an overseas payment, you will no longer be able to transfer directly from your ING account. Instead, you’ll have to use a third-party money transfer service to complete your transaction.

What was ING Direct?

ING Direct provided a convenient and competitive international transfer service managed by OFX, an Australian foreign exchange specialist established in 1998.

What other products and services did ING Direct offer?

The ING Direct International Transfers service provided by OFX was also available to business customers. It offered competitive exchange rates for small to medium businesses and the same fee structure as applied to personal customers. Every client was also assigned to an accredited foreign exchange dealer to help manage their international payments.

Bottom line

ING Direct no longer offers international transfers to its customers. Instead, you can compare all money transfer providers to find the cheapest and safest way to send money overseas.

Compare international money transfer services

While ING no longer lets you send money overseas, there are other specialist transfer companies that can help you out. Enter the details of your transaction into the calculator below to compare the exchange rates, fees and transfer speeds offered by a range of leading money transfer services.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 1,000 1 day USD 0.00 22.215 MXN 111,073 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
GBP 1,000 1 - 2 days USD 0.00 22.215 MXN 111,073 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.
Go to site Show details
USD 1 Same day USD 0.00 22.338 MXN 111,690 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
USD 0 1 - 2 days USD 1.99 21.99 MXN 109,907 Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
Go to site Show details
USD 1 1 - 2 days USD 50.00 22.439 MXN
111,073
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
USD 1 Within an hour USD 3.99 22.345 MXN 111,635 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
USD 50 1 - 2 days USD 0.00 22.304 MXN 111,522 InstaReM offers quick and simple international money transfers with the ability to earn loyalty points. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

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2 Responses

  1. Default Gravatar
    SabethMay 10, 2018

    Is your international payment process RTGS, real time gross settlement ?

    • Avatarfinder Customer Care
      MayMay 10, 2018Staff

      Hi Sabeth,

      Thanks for your question.

      The ING Direct International Transfers are offered by OFX. With OFX, you can order an expedited payment through RTGS for a small fee, but these expedited payments may be limited to certain currencies and are expedited on an individual basis. In such cases, OFX delivers your funds within two hours (although the funds may arrive within five minutes). Please visit OFX official website if you like to know more about RTGS.

      Cheers,
      May

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