Home Introductory Rate FAQs

A great rate isn’t the only reason to use OFX. But it’s a good start.

Enjoy extra savings on your first personal FX transfer

No minimum transfer amount

Take advantage of our intro rate when you transfer between these currencies:

SGD

AUD

USD

GBP

EUR

NZD

CAD

Save with our great introductory rate for your personal transfer on 7 currencies.
SGD – Singapore dollar
USD – US dollar
*
In some instances a third-party intermediary or bank may deduct a fee from the value of your transfer. This fee may vary and OFX receives no portion of it. Find out more. Calculator rates are indicative only. Get started to see your Customer Rate.

Terms and Conditions: The introductory rate is available to: (i) new personal customers who register under SingForex when making their first transfer; and (ii) SG personal customers who have registered from 1 April 2021, and have not dealt. The introductory rate is for first spot transfers only and not for subsequent transfers. Eligible sell and buy currencies include SGD, AUD, USD, GBP, EUR, NZD, CAD. Offer ends March 31, 2025 at 11:59pm (GMT+8). Offer not available in conjunction with any other offers or to customers on a pre-arranged fixed customer rate. OFX reserves the right to withdraw the offer at any time. All transactions are governed by OFX Terms and Conditions which includes information in relation to Margin which is how we make our money.

Frequently asked questions

Q: What are the eligibility criteria to receive this introductory rate?

A: 1. New personal clients, meaning non-business clients, in Singapore who are registered with SingForex and have not yet initiated their first transaction with OFX.

2. Existing personal clients who registered with SingForex anytime from April 1, 2021; and have not made their first transfer.

3. The introductory rate is not available to clients on a pre-arranged fixed client rate or in conjunction with any other offers.

Q: What types of transfers does the introductory rate apply to?

A: The introductory rate applies to first-time spot transfers. This introductory rate does not apply to subsequent transfers of any kind.

Q: What currencies does this introductory rate apply to?

A: Eligible clients can transfer between the following currencies – SGD, AUD, USD, GBP, EUR, NZD, CAD. Currencies not listed in this section will be ineligible for transfer under the introductory rate.

For example:

  • If a personal customer meets all other offer criteria and wants to transfer SGD to AUD, they WILL receive the offer. 
  • If a personal customer meets all other offer criteria and wants to transfer SGD to HKD, they WILL NOT receive the offer.

Q: What happens if the offer has expired by the time I am ready to transfer?

A: All transfers must be initiated prior to the expiration of the introductory offer. OFX reserves the right to withdraw this offer at any time.

Introductory rate Terms and Conditions

Terms and Conditions: The introductory rate is available to: (i) new personal customers who register under SingForex when making their first transfer; and (ii) SG personal customers who have registered from 1 April 2021, and have not dealt. The introductory rate is for first spot transfers only and not for subsequent transfers. Eligible sell and buy currencies include SGD, AUD, USD, GBP, EUR, NZD, CAD. Offer ends March 31, 2024 at 11:59pm (GMT+8). Offer not available in conjunction with any other offers or to customers on a pre-arranged fixed customer rate. OFX reserves the right to withdraw the offer at any time. All transactions are governed by OFX Terms and Conditions which includes information in relation to Margin which is how we make our money.

Ready to make a transfer? Sign up to get started.