Simplify your foreign exchange
with bank beating rates and fast transfers

Move money securely online and enjoy 24/7 support when you need it

What could you save using OFX vs. Bank?

Transfer CA$20k to USD and you could get up to US$370 more

Price comparison of OFX and 4 banks in Canada

The comparison savings are based on a single transfer of CAD$20,000 to USD. Savings are calculated by comparing the exchange rate including margins and fees provided by each bank and OFX on the same day (1 Apr 2024). Pricing data is provided by an independent third party, FXC Intelligence Ltd. The comparison savings provided is true only for the example given and may not include all fees and charges. Different currency exchange amounts, currency types, dates, times and other individual factors will result in different comparison savings. These results therefore may not be indicative of actual savings and should be used only as a guide. The rate comparison chart is updated monthly.

Why choose OFX

Bank-beating rates: Keep more of your money as it travels around the world
Fix your FX rates: Create cash flow certainty, fix FX rates for up to 12 months and transfer later
50+ currencies: Make transfers to over 170 countries
Easy to use: Check rates, make payments or track transfers online or via our app
Peace of mind: OFX is listed on the Australian Stock Exchange (ASX) and monitored by over 50 regulators globally
24/7 support: Talk to a real person at any time, day or night

Make fast global transfers at bank-beating rates

Whether for personal transfers or for business transactions, we can help.

Sending money to family overseas
International property owners
Investments and shares

Pay overseas suppliers
Receive payments from an international customer base
Collect global marketplace revenue in multiple currencies

Here’s how we’ve helped others save

“Even with the extreme currency volatility through 2020, OFX is just simple and easy. Plus I got to save some money.”

Penny Crawford, Director, Crawford Boots

“The staff at OFX are friendly and helpful … we would not hesitate to recommend OFX to other businesses."

Daniel Ying, Financial Director, AgriFresh

"We love OFX because they get some of the most competitive rates for currency exchange that we’ve ever seen, so automatically we know that our clients are going to benefit from this service."

Alexandra Horwood, Director, Wealth Management, Richardson Wealth

"Whether our clients need to transfer $20k or $2mil, the experience and savings they receive against the banks always gets high praise."

Melanie Cunliffe, DP FS (FMBM),Indigo Finance

"OFX is fantastic because they are proactive. For a small business, having that person who can help monitor the exchange rates and lock in a rate to help protect our profits and give us more certainty on our costs has been critical."

Jennifer Hart, Director,Everyday Cashmere

How OFX works

1. Open an account

Complete the registration form in just 5 minutes

2. Send the funds

Enter your recipient's details and send OFX the money by bank transfer

3. Track the transfer

Track your transfer online or via the app

We don't work 9 - 5 either

Markets move fast. So do we.
Get OFXpert help 24/7.

FAQs

How do I open an account?

It’s easy as 1-2-3:

• Register. If you’re keen to get started straight away, simply register online OR if you’ve got a question leave your details and an OFXpert will be in touch within 24hrs. Either way, there’s no cost or obligation to make a transfer.
• Speak to us. An OFXpert will call you to complete setup and answer any questions you have.
• Verify your identity. This is usually automatic after you have uploaded your identification documents, but if we need additional information, we’ll let you know.

How do I make a global money transfer?

Once you’ve registered, log into OFX and:

• Select the amount and the currencies you would like to transfer between.
• Enter your recipient/creditor banking details (TIP: save them so it’s faster next time).
• Check the details are correct then click ‘Finalise Transfer’ to lock in your rate, book in the transfer and kick off the process.
• Transfer funds to OFX – we’ll tell you where to send them.
• Keep track of your transfers in a way that suits you: online, via the app, email or SMS updates.

How long does a money transfer take?

80% of all major currency transfers are completed within 1 business day of us receiving your funds. For more exotic currencies, it can take a little longer – usually 3-5 business days.

Does my recipient / creditor need an OFX account to receive my funds?

No, they don’t. We’ll send the money straight to your recipient’s bank account.

Is my money secure?

When you move money around the world you need to know it’ll get there. That’s why we carefully select our banking partners and are trusted by 50+ regulators globally.

Can I track my transfer?

Of course. Once you’ve kicked off a payment, we’ll send an email or SMS to keep you updated at every step in the global money transfer process. You can also track the status in your OFX account online or via the app. Set your notification preferences in your OFX settings.

Can I get an FX quote before processing the payment?

Yes. Once you have your OFX account set up you can login to get a quote on your currency pair. Or you can call our friendly OFXperts 24/7.

Transfer your global money with OFX

With competitive exchange rates and low or no fees you could be saving money on every transaction. With OFXperts available 24/7 you’ll always have help at the end of the phone. And with over 100 bank accounts around the world, we’ll always move your money quickly; markets move fast and so do we.

FX. It's what we do.

OFX grew from the idea that there had to be a better, fairer way to move money around the world. That was 20 years ago, and we’re still driven by the same mission today.

We believe real help from real people counts, and that’s why we offer our clients the best of both worlds – an easy to use digital platform, combined with 24/7 phone access to our currency experts (we call them OFXperts).

Foreign exchange is in our DNA. We help clients navigate the complexity of FX, making it simple and easy to understand. Because when it comes to money, informed decisions are the best decisions.

Keeping our clients’ money secure is our top priority. We’re an ASX listed company monitored by over 50 regulators globally. To date, we've helped over 1 million customers transfer funds worldwide.

Our clients are all over the globe, so we are too. We operate in offices in London, Ireland, Sydney, Auckland, Hong Kong, Singapore, Toronto and San Francisco. It’s global expertise, delivered locally.

© 2022 CanadianForex Limited trading as OFX. © 2022 USForex Inc. dba OFX. All rights reserved.
OFX is a registered trade name of USForex Inc., NMLS#1021624 in most but not all states. USForex Inc. dba OFX is licensed and regulated as a money transmitter by the New York State Department of Financial Services and the Georgia Department of Banking and Finance. To verify a complete list of our licenses, please visit here. This is not intended to serve as a business solicitation for residents of Nevada. The information on this website does not take into account the investment objectives, financial situation and needs of any particular person. We make no recommendation as to the merits of any financial product referred to on this website.

Simplify your foreign exchange with bank beating rates and fast transfers