We’re OFX. Moving and managing money globally is what we do
We move money securely and simplify global expenses and payments so you can do more and achieve more.
We offer fast and secure money transfers for…
Businesses
Make and receive global transfers, issue employee and expense cards, automate payments and take control of your expenses.
Individuals
Moving overseas? Paying your tax, mortgage or bills in another country? You can send money to 170+ countries.
eCommerce
Running an online business? Make and receive payments in multiple currencies from one place.
Ready to get started? Create your free account now.
Built with your security in mind
We use robust security measures to protect your data and ensure a secure online experience.
We’re more than just money transfers
NEW Corporate Multi-Currency Card
Access 30+ currencies directly from your OFX Business Account with our new corporate multi-currency card.
Check your currency’s past performance
See a currency pair’s performance over the last few days, weeks, months, or even years.
Never miss a rate with Rate Alerts
Got a rate in mind? Set up a Rate Alert and we’ll send you an email or SMS if the target is reached.
Currency Outlook, your monthly overview
Markets can be confusing, so we create a jargon-free guide to what could impact exchange rates each month.
Ready to get started? Create your free account now.
See what our clients say about us
Send money to over 170 countries (and counting)
With offices around the world, we’re on-hand to answer questions 24/7
FAQs
What’s the difference between the OFX personal and the OFX Business Account?
The OFX personal account is a pure FX account that allows you to send money to over 170 countries with 50+ currencies.
The OFX Business Account is a virtual business transaction account that enables you to hold funds in different currencies and make and receive payments for your business. It is not a bank account. All our services are serviced through our network and our partners.
How to get started with an OFX Business Account?
- Start your business registration online
- Complete the identity verification steps as prompted
- An OFXpert will review your documents quickly and may contact you via email if additional supporting documents are needed
How to get started with an OFX personal account?
- Start your personal registration online or via the OFX app
- Verify your identity
- Enter your details
- Send your funds for your transfer
- Track your transfer
Why is verification required?
Verification helps keep our platform secure and is required as part of our compliance with regulatory obligations. We’ll check your details to ensure everything matches up. We may ask you to upload documents including proof of identity and proof of address.
How long will it take to get approved?
It’s easy to get approved on OFX and it will take roughly 1-2 business days from the date you register, assuming all documents are in order. We’re here to help you, so contact us if you need support.
Can my business use the OFX Business Account for free?
Yes, absolutely. Get started for free with a Business plan for up to three users. There are no start-up or maintenance costs. Or enjoy more features in our paid Business Plus plan with a 30-day free trial. View our pricing plan here.
Need help creating your account?
Want to ask a question?
You can call or email us, anytime. With offices in 9 countries, there’s always an OFXpert to help you, 24/7.
Terms and Conditions
The introductory 0.45% FX Margin offer is available to new Australian-based business clients who have registered under OzForex Limited from June 12 2024 to March 31 2025 but have not dealt and enter into foreign exchange transactions for AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD and USD only by this date. These clients are either using: (i) existing services under our OFX Terms and Conditions; or (ii) our new OFX Australia Business Platform under our OFX General Terms and Conditions (Business) save for some exclusions. Namely; that the 0.45.% FX Margin is not available to (a) business clients of OzForex who have dealt; (b) online sellers under our Global Currency Account Terms of service; (c) clients who have been referred to OFX by one of our alliance or enterprise partners; or (d) card transactions under our OFX Card Agreement (Business). OFX offers customised rates for high-value transfers and business clients under our existing services and our new platform. The offer is for a limited time only. OFX reserves the right to withdraw the offer at any time. All transactions are governed by the OFX Terms and Conditions or OFX General Terms and Conditions (Business) which includes information in relation to Margin which is how we make our money. For information regarding these terms and conditions, see the Legal page on our website.
Get real-time control
of your global business
finances with OFX
Your business bills, expenses, payments, payroll,
cards and currencies — now all in one place. And
we’re here to help, when you need us.
Trusted by over 2,500 companies
Manage your business finances with greater efficiency and visibility
- Better visibility
View and track every supplier bill, approval history, currency rate and payment status in one place. - Know all your expenses
Automatically capture receipts and invoices, categorise employee card expenses, split out GST and more. - Faster processing time
Review, approve and schedule all your domestic and global payments quickly. Submit thousands of batch payments with a few clicks. - One card, multiple uses
Access 30+ currencies, issue virtual cards to your staff globally and manage team budgets with greater transparency and control. - Reduce overspending
Set spending limits on each card to lessen the risk of unexpected overspend. - Save when you spend
Protect your bottom line with competitive foreign exchange rates, hold and spend in 30+ currencies without incurring fees.
Everything you need in one place
Get greater control with workflows that are integrated with payments, cards and currencies
Get more control with cards
An all-in-one business account
Fast and secure international payments
Automate and streamline workflow approvals
Better visibility of your business finances
Stress-free batch and payroll payments
Stronger controls. Real-time insights. Try OFX Business for free
Clear oversight of your local and global expenses with corporate cards
Create and issue Visa Business Debit Cards for your employees with just a few clicks and stay in control with budget limits and visibility from a single platform or create unique virtual company cards to pay every recurring expense.
Reduce manual data entry and streamline approvals
Tailored approvals
Set rules to segregate employee duties, payment approvals and limit account access
Automatic reconciliation
Pull bills and push payments to accounting integrations
Greater efficiency
Reduce time spent on manual tasks with built-in workflows, OCR and line-item extraction
Enhanced security
Built-in tax, bank details and vendor security checks
A business account with local bank details in 5 major currencies
Manage your global finances effortlessly with the OFX Business Account. In addition to AUD, you can also spend like a local in major foreign currencies such as USD, GBP, EUR and CAD. Plus, hold, pay and convert in over 30 currencies at competitive rates.
Why choose OFX?
Trusted
ASX listed since 2013
Use sophisticated technology to monitor for suspicious transaction activity
Member of the Australian Financial Complaints Authority (AFCA)
Compliant
Regulated by ASIC and AUSTRAC
Dedicated Financial Investigation department that specialises in the detection and prevention of fraud
Held an Australian Financial
Services licence for over 25 years
(AFSL No. 226 484)
Secure
ISO/IEC 27001:2002 certification
in Australia
Use passwords, multi-factor authentication (MFA), security questions and automatic time-outs
What others are saying about us
OFX Business FAQs
Can I use OFX for free?
Yes. The OFX Business plan is free for up to three users. There are no start-up or maintenance costs. To enjoy more features and get access to more users, you can try the OFX Business Plus paid subscription plan with a 30-day free trial. View our full pricing plans here.
How to get started with an OFX Business Account?
- Start your business registration online
- Complete the identity verification steps as prompted
- An OFXpert will review your documents quickly and may contact you via email if additional supporting documents are needed
Why is identity verification required?
Verification helps keep our platform secure and is required as part of our compliance with regulatory obligations. We’ll check your details to ensure everything matches up. We may ask you to upload documents including proof of identity and proof of address.
How long will it take to get my account approved?
It’ll take roughly 1-2 business days from the date you register, assuming all documents are in order. We’re here to help you, so contact us if you need support.
Is the platform compatible with other accounting software?
Yes. If you use Xero, you can connect Xero to the OFX Business Account. Or you can also export data from the OFX Business Account as a CSV file and import it into your accounting platform.
We’re also working on integrating other accounting packages with our platform, which will be available soon.
Have a question?
Call or email us, anytime. With offices in 9 countries, there’s always an OFXpert to help you, 24/7. Or request a personalised demo to learn more.
