OFX International Money Transfers

Get a competitive rate and low fees when sending money overseas with OFX.

Exclusive offer

Because OFX is a trusted partner of finder.com, you can get exclusive exchange rates and avoid fees on qualifying transfers through our site. This means more money in your recipient’s pocket. Special rates are applied and will be shown when you are shown the transactional rates.

Take advantage of transfer options and fee-free transfers when you send money overseas with OFX.

When you need a quick and affordable way to send money overseas, OFX is ideal. It charges a flat $5 for transfers under $5,000 and no fee for transfers of $5,000 or more. And with our exclusive finder.com deal, you can avoid transfer fees altogether.

Rates last updated January 21st, 2017

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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

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OFX International Money Transfers
Exclusive offer: Special exchange rates ... Exclusive offer: Special exchange rates and $0 transfer fee
OFX is currently offering finder.com exclusive exchange rates and $0 transfer fee on all transfers.
USD 150 1 day
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Combined with competitive exchange rates and 55 global currencies, OFX makes the international money transfer process easy and affordable.

Speak to an OFX money transfer expert

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com privacy policy
Ofx Logo

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

Who is OFX?

Launched in 1998, OFX is a dedicated provider of online international money transfers and the largest Australian-owned money transfer service in the world. It’s part of the OzForex Group that includes UKForex, CanadianForex, OzForex, NZForex and Tranzfers.

OFX provides 24/7 global market access, combining leading technology with professional customer service for a seamless money transfer experience. Not only for one-off transfers, OFX serves a diverse range of transfer needs — everything from small and medium businesses managing payments abroad to individuals who need to transfer assets, purchase goods or invest overseas. With more than 100,000 customers around the world, it handled 460,000 fund transfers in 2014 alone.
OFX vs. TransferWise money transfers

How can you send money overseas with OFX?

To send money overseas with OFX, you’ll need to register for a OFX account. It’s free to register with the following info:

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

OFX performs the following types of money transfers:

  • Basic money transfer. For when you need to send money overseas immediately.
  • Limit order. Choose your desired exchange rate, and then OFX will process your transfer when market conditions meet that rate.
  • Recurring transfers. Avoid entering the details of your transfer every week or month by scheduling regular transfers.
  • Forward contracts. Lock in an attractive exchange rate now for a future transaction.

OFX sends money transfers by bank transfer only. You cannot send money overseas using cash, a credit card, or a check.

When sending US dollars overseas, you can expect OFX to process your transaction overnight. Other currencies have a longer processing time of one to two business days.

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 are the pros and cons of using OFX?

Pros

  • Multiple transfer options. From basic transfers to forward contracts and limit orders, OFX offers a wealth of options to help you get the most out of your international funds transfer.
  • No fees. Transfer more than $5,000, and you don’t pay any transfer fees. For other amounts, OFX charges a flat $5 fee.
  • Available currencies. Supporting 55 major and exotic currencies, you can send funds to a large selection of countries worldwide

Cons

  • No cash payment or pickup. OFX is an online money transfer provider that delivers funds through bank deposit only.

Which currencies does OFX support?

OFX allows you to send the following currencies both to and from the United States:

  • Australian dollar
  • British pound sterling
  • Canadian dollar
  • Danish krone
  • Euro
  • Hong Kong dollar
  • Japanese yen
  • New Zealand dollar
  • Norwegian krone
  • Polish zloty
  • Singapore dollar
  • South African rand
  • Swedish krona
  • Swiss franc
  • United Arab Emirates dirham

More than 35 other currencies can be sent from the United States only, including the Indian rupee and Mexican peso.

Sending money transfers is currently not supported in the following countries:

  • Afghanistan
  • Belarus
  • Burma
  • Democratic Republic of Congo
  • Republic of Congo
  • Cote d’Ivoire
  • Cuba
  • Iran
  • Iraq
  • North Korea
  • Lebanon
  • Liberia
  • Libya
  • Rwanda
  • Sierra Leone
  • Somalia
  • Sudan
  • Syria
  • Zimbabwe

Western Union vs. OFX Money Transfers

What other products does OFX offer?

While OFX specializes in overseas money transfers, it offers a range of other foreign exchange services to customers.

  • A mobile app. Place international money transfers quickly and conveniently from your smartphone.
  • Currency converter. Use this free online tool to check the exchange rate for 55 currencies.
  • Historical rates. View the historical performance of major exchange rates to take advantage of long-term charts, seasonal patterns and more.
  • My FX Dashboard. Compare up to five pairs of currency exchange rates and enjoy news, analysis and market commentary.

Looking for an alternative? Compare competing services to OFX.

Frequently asked questions

What is the minimum amount I can transfer overseas with OFX?

You will need to transfer at least $150 for your transaction to be approved.

In which currencies can I set up recurring payments?

OFX currently accepts regular payments with direct debit instructions for the US dollar, Australian dollar, Canadian dollar and British pounds sterling.

Can I lock in an exchange rate before OFX has my funds?

Yes. You’ll need to:

  1. Lock in a binding exchange rate and provide your recipient’s details.
  2. Send OFX the currency you’re selling or exchanging.

When your funds are received to OFX, it will send the currency you’re buying to your recipient.

Does OFX charge extra fees to set up a recurring payment ?

No, there are no transaction costs or charges involved for regular payments.

Is my money safe with OFX?

Yes. Not only is OFX part of a trusted global company, but it also uses minimum 2040-bit SSL certificates to encrypt your personal details and transactions. Learn more about OFX and safety.

OFX offers flexible, affordable options when you need to send money overseas from the United States. Compare its services with those of other money transfer providers to find the best way to move your money internationally.

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