Compare 11 money transfer sites like OFX | finder.com
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Compare other sites like OFX for money transfers

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Services like OFX for sending money overseas.

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

  • No transfer fees
  • 24-hour customer support
  • Available in 195 countries and territories and 55 currencies
  • Offers scheduled and recurring transfers
  • iOS and Android apps for mobile transfer and tracking
  • No maximum transfer limit

Cons

  • Bank-to-bank transfer only — no cash payment or pickup
  • Verify new accounts by phone
  • High minimum transfer amount of $1,000

If OFX isn’t offered in your country or you’re shopping around, compare it to the services below.

Alternative sites like OFX

OFX International Money Transfers

OFX International Money Transfers

Exclusive offer: Because OFX is a trusted partner of finder.com, you can enjoy exclusive exchange rates by initiating a transfer through our site.

  • Currency support.
  • $0 transfer fees.
  • Flexible options.


    Worldfirst sites like

    1. World First

    World First is an online money transfer company founded in the UK in 2004. Like OFX, World First has a high minimum transfer amount of $1,000 and both don’t have a maximum transfer limit, making them ideal for sending large amounts of money overseas. While World First has no fees for transfers over $10,000, OFX offers no transfer fees — period — no matter how much or little money you’re transferring. But where World First surpasses OFX is with its competitive exchange rates, where it promises to beat any quote you get from another international transfer service.

    Pros

    • No maximum transfer limit
    • No fees for transfers of $10,000 or more
    • Competitive exchange rates, with a promise to beat any quote you get from another international transfer service
    • Offers spot contracts, forward contracts and hedging options
    • Provides weekly updates on market exchange rates
    • Rate lock available for continuing transactions

    Cons

    • High minimum transfer amount of $1,000
    • Two-step process can mean up to six days for delivery
    • Social Security number and government-issued ID required

    Go to the World First website


    XE Money Transfer Logo

    2. XE Money Transfer

    XE Money Transfer is a service designed to help you transfer your funds to a bank in a foreign currency — it doesn’t allow same-currency transfers like OFX does. If you’re working far from home, XE 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, trading in over 120 currencies — far surpassing OFX’s 55 currencies.

    Pros

    • No transfer fees
    • Trade in over 120 currencies, allowing for money transfers to over 170 countries
    • Competitive exchange rates save you money in the long run
    • Quick turnaround means transfer is complete in 3 to 5 days
    • No maximum transfer amount

    Cons

    • Bank-to-bank transfers only
    • No same-currency transfers
    • Exchange rate comparison tool not available until after you’ve registered with the site

    Go to the XE website


    transferwise logo

    3. TransferWise

    TransferWise is a money transfer site designed to help you save money on exchanges through a peer-to-peer system. Its unique system allows you to exchange your funds with those of another seeking to convert their money to your currency. It’s basically trading money with another person, but it doesn’t cross borders. Because of its unique platform, TransferWise doesn’t allow for same-currency transfers like OFX does. Furthermore, while OFX has no transfer fees at all, TransferWise has a complex system to calculate fees, which start at $3 for transfers up to $300. TransferWise also has daily transfer limits of $49,999, while OFX has no maximum transfer limit.

    Pros

    • $3 fee for transfers up to $300; a fee of 1% of the amount sent for transfers up to $5,000; a fee of 0.7% on any amount over the initial $5,000
    • Low minimum transfer amount of $1
    • High transfer limits — can send up to $49,999 a day and $199,999 a year
    • Apps for both iOS and Android
    • Uses mid-market exchange rate with no hidden fees

    Cons

    • Transfers to bank accounts — no cash pickup option
    • No same-currency transfers
    • Two-step process means you must first wire your money to TransferWise, which then deposits the money to your recipient’s bank account
    • Requires a Social Security number to send money

    Go to the Transferwise website


    WorldRemit Logo

    4. WorldRemit

    WorldRemit provides a variety of transfer options in more than 140 countries worldwide, including online, bank-to-bank and cash transfers. Unlike OFX, which has no transfer fees or maximum transfer limit, WorldRemit has fees that vary by country you’re sending funds to and a maximum transfer amount of $5,000. However, OFX doesn’t allow for cash pickup or home delivery, while WorldRemit offers both of these options.

    Pros

    • Low minimum transfer amount of $1
    • Available in over 140 countries worldwide
    • Flexible payment options, including debit or credit card, bank transfer, Android Pay and ApplePay
    • Transfers to mobile wallet accounts
    • Cash pickup available
    • Home delivery available
    • Mobile airtime account transfers

    Cons

    • The higher your transfer, the greater the transfer fees
    • Low maximum transfer amount of $5,000

    Go to the WorldRemit website


    travelex logo

    5. Travelex

    Around since 1976, Travelex is an international money transfer service in 177 countries and territories and 45 different currencies — a bit smaller range than OFX’s 195 countries and territories and 55 currencies. Both Travelex and OFX have high maximum transfer amounts of $500 and $1,000 respectively, and offer bank-to-bank transfers only. However, while OFX has no transfer fees at all, Travelex charges a flat fee of $5 for any transaction under $5,000. Both companies offer scheduled and recurring transfers, while Travelex also allows for forward contracts, spot contracts and limit orders.

    Pros

    • Flat fee of $5 for any transaction under $5,000
    • No fee for transfers of $5,000 or more
    • Available in 177 countries and territories and 45 different currencies
    • Multiple transfer options including spot contracts, forward contracts, limit orders and recurring payments
    • Offers a price promise — if you find a better price within 30 minutes, they’ll beat it
    • Funds transferred in 1 to 4 business days, though same-day transfers are possible in select countries

    Cons

    • High minimum transfer amount of $500
    • Bank-to-bank transfers only
    • No cash payments or cash pickups allowed
    • No check or credit card payments allowed

    Learn more


    torfx logo

    6. TorFX

    Unlike OFX, which allows you to send money from anywhere in the US, TorFX only allows money transfers from Australia. It’s a strict money exchange and transfer company than others, and requires that funds to be cleared by individuals who hold TorFX accounts — meaning the money must be sent in advance before the transaction can be performed. Both TorFX and OFX only offer bank-to-bank transfers with no transfer fees in 60 and 55 currencies respectively. However, unlike OFX, which has a high minimum transfer of $1,000, TorFX allows for transfers as low as $150.

    Pros

    • Multiple transfer options including spot contracts, forward contracts, limit orders and stop loss orders
    • No transfer fees
    • Competitive exchange rates with fixed exchange rate protection — often beating banks by more than 3%
    • Best rate guarantee
    • Offers transfers in 60 different currencies
    • Free registration allows you to get access to free market analysis and expert advice
    • Low minimum transfer amount of $150

    Cons

    • Can only send from Australia
    • Bank-to-bank transfers only
    • Users report technical and administrative problems that delay transfers

    Go to the TorFX website


    currencies direct logo money transfers

    7. Currencies Direct

    Currencies Direct is an international money transfer service dedicated to helping its customers save more when transferring money internationally. With 60 currencies to choose from (and others that can be discussed with the company itself), it is comparable in reach to the 55 currencies OFX allows transfers in. Like OFX, which offers no-fee bank-to-bank transfers, Currencies Direct offers no fees for 90% of its transactions. However, while OFX has a high minimum transfer amount of $1,000, Currencies Direct allows for transfers as low as $100. Both companies have no maximum transfer limit, making both companies ideals for high-dollar transfers.

    Pros

    • No fees for 90% of its transactions
    • Supports 60 market currencies
    • Competitive exchange rates
    • Low minimum transfer of $100
    • Supports large transactions at a seemingly unlimited max
    • Monitors exchange rates for your ideal transfer

    Cons

    • No cash pickup option — bank-to-bank transfers only

    ]Go to the Currencies Direct website


    Western Union sites like

    8. Western Union

    Unlike OFX, which has no transfer fees at all, Western Union has high fees and weak exchange rates that can be nearly 5% more than the mid-market rate. However, while OFX only allows for bank-to-bank transfers, Western Union allows for multiple transfer options including paying with cash or your debit card, credit card or bank account, and also allows for cash pickup. Western Union has a low minimum transfer amount of $1 and low maximum transfer amount of $5,000, whereas OFX is more suited for high-dollar transfers, with its high minimum transfer amount of $1,000 and unlimited maximum.

    Pros

    • Low minimum transfer of $1
    • Send money in minutes
    • Transfer to over 200 countries and territories across the globe
    • Multiple transfer options including paying with cash or your debit card, credit card or bank account
    • Cash pickup available
    • Trusted provider for over 160 years

    Cons

    • Weak exchange rates that can be nearly 5% more than the mid-market rate
    • High fees, whereas other companies offer free transfers or low-fee transfers
    • Low maximum transfer amount of $5,000

    Learn more


    RIA Logo

    9. Ria

    In business for more than 30 years, Ria is a global monetary transfer network with more than 316,000 agent locations in 144 countries — a bit less than the 195 countries OFX allows transfers to. Ria is the third-largest international money transfer provider in the world, offering a wide array of payment options, including cash, debit card, credit card and bank account, whereas OFX only offers bank-to-bank transfers. Ria is more suited for small-dollar transfers, with its minimum transfer amount of $1 and maximum daily transfer cap of $2,999.99 — compared to OFX, which is better for larger transfers with its $1,000 minimum transfer amount and no maximum transfer limit.

    Pros

    • Low minimum transfer amount of $1
    • Wide variety of transfer payment options, including cash, debit card, credit card and bank account
    • Worldwide transfer network, with over 316,000 agent locations in more than 144 countries
    • Online price calculator simplifies money conversion
    • Cash pickup available
    • Home delivery option in select countries
    • Fast turnaround if you send money with a debit or credit card, taking just 15 minutes.

    Cons

    • Maximum daily transfer cap of $2,999.99; maximum amount you can send in 30 days is $7,999
    • Rates and fees depend on amount, location and method of transfer
    • Does not offer forward contracts or limit orders
    • Bank account transfers take four business days

    Go to the Ria website


    moenygram logo

    10. MoneyGram

    The second-largest international money transfer service in the world, MoneyGram is a big contender for money transfer. Its services transfer and exchange currencies in over 200 countries and territories to more than 350,000 agent locations worldwide. Unlike OFX, which only allows for bank-to-bank transfers, MoneyGram offers a large pool of services for sending and receiving funds, including home delivery and cash pickup options. With its low minimum transfer amount of $1 and maximum online transfer amount of $6,000, MoneyGram is better suited for smaller money transfers, while OFX can handle larger transfers with its $1,000 minimum transfer amount and unlimited maximum amount.

    Pros

    • Extensive global network of 350,000 agent locations in over 200 countries and territories
    • Large pool of services available for sending, receiving or financing
    • Fast transfers, with same-day service in many locations
    • Home delivery and cash pickup options
    • Low minimum transfer amount of $1

    Cons

    • Maximum online transfer amount of $6,000
    • Fees vary depending on payment type and transfer destination
    • Transfers must be made in US dollars from the US (no exchanges before transfer)
    • Local exchange rates vary by transfer destination

    Go to the MoneyGram website


    Sharemoney logo

    11. Sharemoney

    Sharemoney is a part of the Omnex group, a company that’s specialized in money transfers for over 25 years. While OFX can transfer funds from anywhere in the US, Sharemoney is limited to 36 US states and can only transfer money to 21 countries — a far cry from OFX’s 195 countries it services. While OFX only offers bank-to-bank transfers and has no fees, Sharemoney allows for cash transfers and even door-to-door delivery, but with transfer fees. Sharemoney has low minimum and maximum daily transfer limits — $20 to $2,999.99 — while OFX requires you to transfer at least $1,000 with an unlimited maximum.

    Pros

    • Low transfer fees starting at just $2.99
    • Low minimum transfer amount of $20
    • Exchange rate calculator helps you see just how much money you’ll get for your dollar, with rates updated hourly
    • Fast and easy service, with cash and bank transfers taking as little as 15 minutes to 24 hours
    • Door-to-door delivery in as short as 48 hours
    • Discounts available on Facebook

    Cons

    • Limited state available, with Sharemoney only licensed to operate in 36 out of 50 US states
    • Only offers one-off transfers
    • Exact location must be specified for cash pickup
    • Can only transfer money to 21 countries, which are largely limited to South America and select Asian countries
    • Daily transfer limits of $2,999.99 every 15 days, and $9,999.99 every six months

    Learn more


    Need to send less? There are several options that allow you to send less than $1,000:

    Want a no-fee transaction and lower rates?

    OFX is offering an exclusive deal to finder.com readers that includes special exchange rates and $0 transfer fees.

    Compare minimum and maximum transfer limits

    Provider Minimum transfer amount Maximum transfer amount
    OFX $1,000 No limit
    XE $0 No limit
    World First $1,000 No limit
    WorldRemit $1 $5,000
    Travelex $500 No limit
    TorFX $150 No limit
    Currency Online $1 No limit
    Western Union $1 $5,000
    TransferWise $1 $49,999
    Xoom $10 $10,000
    MoneyGram $1 $6,000
    Ria $1 $2999.99
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    US International Money Transfers Offers

    Important Information*
    XE Money Transfer

    Transfer up to $500,000 with no minimums and no fees.

    WorldRemit International Money Transfers

    Use promo code FINDER to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

    World First Foreign Exchange

    Exclusive offer: $0 transfer fee
    No-limit transfers with competitive exchange rates for 100+ currencies.

    TransferWise International Money Transfers

    Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

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