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Compare minimum and maximum transfer limits
Minimum and maximum transfer limits often apply and vary among companies and currencies. Click on a provider below to learn more about their services.
| Provider | Minimum transfer amount | Maximum transfer amount |
|---|---|---|
| OFX | $150 | No limit |
| XE | $0 | No limit |
| World First | $1,000 | No limit |
Understand transfer limits:
1. OFX
OFX offers transfers and exchanges into 55 different currencies. If you’re a larger business looking to pay for exports or just need to transfer a larger sum to an account overseas, this service may be ideal.
Pros
- 24-hour customer support
- Available in 195 countries and 55 currencies
- Offers scheduled and recurring transfers
- iOS and Android apps available for mobile transfer and tracking
Cons
- No cash payment or pickup. OFX only delivers funds through bank deposit.
2. XE Money Transfer
XE Money Transfer is a service designed to help you transfer your funds to a bank in a foreign currency. If you’re working far from home, XE Money Transfer is ideal for getting cash to your family or making investments overseas. Given how easy it is to transfer your money to foreign companies in their currency, it’s especially ideal for business accounts.
Pros
- One of the most trusted money transfer names
- Competitive exchange rates save you money in the long run
- Quick turnaround means transfer is complete in 1 to 4 days
Cons
- Rate comparison tool not available until after you’ve registered with the site
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3. World First
World First is an online money transfer company founded in the UK in 2004. Since then, it’s transferred more than $56 billion worldwide, servicing over 75,000 customers regularly. Its wide array of services keeps people coming back transfer after transfer.
Pros
- Competitive exchange rates
- Offers spot contracts, forward contracts and hedging options
- Provides weekly updates on market exchange rates
- Rate lock available for continuing transactions
- High maximum transfer
- No fees for transfers of $10,000 or more
- Customer support available
Cons
- Minimum amount of $500
