What is a Money Transfer?

Rapid Transfers

Rapid transfers are our most popular way to transfer. When you need to send or receive money right away, simply lock in our OFX customer rate, send us your funds, and let us do the rest.
single transfer

Single Transfers

Single transfers, or “Spot Deals” allow you to lock-in our great rate, send us your funds and let us do the rest. Whether you’re sending or receiving funds, we make it simple, swift and secure.

  • Locked-in OFX rates
  • Fast transfers

recurring transfers

Recurring Transfers

These are ideal for recurring transfers such as a monthly mortgage or quarterly school fees. Whatever your needs are, our recurring transfers are scheduled to ensure you’re on time, every time. Simply set up a transfer schedule and leave the rest to us.
  • Zero OFX fees & direct debit available
  • Minimum 4 transfers

Ready to OFX it? Start your instant transfer now

Risk Management

We can help manage your personal and business foreign exchange risk with a variety of transfer options.
buy now transfer later

Buy now, transfer later

If you need to lock in a rate but aren’t ready to transfer now, our Forward Exchange Contract may be for you. You can book transfers between two days and twelve months from today, protecting you against exchange rate movements.

  • Locked-in OFX rates
  • Manage your cash flow

set your target rate

Set your target rate transfer (limit order)

Target Rate Transfers (Limit Orders) allow you to set your target rate, 24 hours a day, 5 days a week. This ensures you don’t miss out if your target rate is reached overnight or while you’re out with family and friends. Once your target rate is triggered, we'll contact you to complete your transfer.

  • Valid up to 6 months

fx option

FX Option

Our FX Option gives you the right, but not the obligation, to transfer at a certain time and rate, in exchange for an up-front premium. This provides you with protection against adverse exchange rate shifts while also allowing you to take advantage if the rate moves in your favour. It really is the best of both worlds.

  • Right not obligation to transfer
  • Security with flexibility

Ready to OFX it? Start your risk management transfer now

Ways to Transfer FAQs

Yes, you can lock-in a rate before you send us your funds. This is how it works:
  1. You lock-in a binding exchange rate and provide the recipient bank account details.
  2. Send us the currency you have sold.
  3. Once we’ve received your funds we’ll send the currency you’ve bought to your recipient.

Simple!