OFX Reviews and Comparison - Seedly
 
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  • I opened an account with OFX around Jan 2019 . Pros: - The only remittance platform I can find that supports remitting New Taiwan Dollar (TWD), and Chinese Renminbi Offshore (CNH). Cons: - No referral programme.
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About OFX
Remittance ServiceOFX
Registration FeeFree
Transaction FeesStandard fee of AUD 15 if transferring under AUD 10,000 Free if more than AUD 10,000
Countries You Can Transfer ToUnited States, Europe, Hong Kong, France, Australia, India, Singapore, Taiwan, United Kingdom, China, Japan, Denmark, Canada, New Zealand, Germany, Saudi Arabia

About OFX

We're the savvy way to keep your foreign exchange expenses to a minimum. If you are using a bank to transfer money, you should know that they can often charge large margins on your transfers, in addition to a flat transaction fee. At OFX, we offer bank beating exchange rates and have waived our OFX transfer fee for some transfers. So make the smart move and save on your global money transfers with OFX.

How OFX Works

Register & lock-in your transfer: Simply tell us how much you’re transferring, which currency and who to send it to. Send us your funds: We accept bank transfers from your account (e.g. BPay, Electronic Bank Transfer). No cash, credit card, cheques or bank drafts. We'll notify you once we receive your funds. We deliver to your recipient: Transfers to most countries take 1-2 business days. Track your transfer online or with our mobile app.

Other Information:

Since launching as a start-up on Sydney’s Northern Beaches twenty years ago, OFX has grown to become a truly global company. More than ever we are committed to helping our customers navigate through, and thrive within, the ever-changing world we live in today. Our new ‘Where the World’s Moving’ content series brings together some of the people living and breathing the latest global trends to explain what it means to be a global citizen in the digital age and how some key shifts will drive change in our world.