Bring more of your money home when selling across borders

See how OFX uses new technology and our large global bank network to help you save on every overseas payment or receivable.

Selling internationally can cost you more in currency fees than you realise

We've built a new way for eCommerce merchants to keep more of their profits. It’s flexible, fast and efficient - just like your business.

Receive International Payments

Cost-effective

Marketplaces and payment providers charge high margins on your transfers. Let OFX help you save up to $2,500 on every $100,000 you transfer.*

Rapid Delivery

Fast

Expedite critical aspects of your supply chain with fast, efficient money transfers. You choose when to bring your money home, wherever in the world it is.

Easy

Easy

Get the equivalent of a local bank account in today’s most profitable international markets: USD, EUR, GBP, CAD, AUD and HKD. Wherever you want to grow, OFX is already there.

OFX offers local bank accounts in today’s most profitable international markets.

We'll give you a local currency account in USD, EUR, GBP, CAD, AUD and HKD allowing you to save significantly on transaction fees and margins when bringing your revenue home from international marketplaces.

Marketplaces compatible with OFX accounts:

compatible marketplaces

...and many more!

How it works

1.

Create an account

Our account opening process is fast and simple so you can quickly get back to your day. Just fill in a few details and an OFX team member will call you to complete setup.

2.

Receive account details

Provide your new OFX account number to your online marketplace and start receiving sale proceeds directly into the account. 

3.

Take control

You decide when to convert your proceeds back to your home currency or set up automatic transfers.  To stay in the loop, track your transfers and check balances online. 



Benefits to OFX for Online Sellers

local receiving account

Your Own Local Account

Collect global revenues in USD, EUR, GBP, CAD, AUD and HKD

superior exchange rates

Superior Exchange Rates

Make substantial savings on exchange rates and fees by using OFX.

rapid delivery

Rapid Delivery

Get your funds home quickly.

no fees

No OFX Fees*

Save on fees. It’s free to sign up and OFX charges no fees to transfer your funds.

fast approval

Fast Approval

Get approved within 4 business days and expand to new markets with one phone call.

24 hour support

24-Hour Support

Around the clock phone service – 24 hours a day, 7 days a week.

Pricing & Fees

$0

to open an Online Seller account with OFX.

$0

to expand to new markets with additional accounts.

$0

monthly maintenance and 24/7 support.

1.5% (or less)

above the daily market exchange rate to transfer foreign currencies into your domestic bank account.
(depending on the amount transferred)

Noelle Sadinsky, Founder of GetBacktoBasix explains how OFX has helped her succeed when expanding overseas

Tailored approaches for your business

Supplier Payments

Supplier payments

Call today to learn how to use OFX to pay suppliers.  Same currency cross border payments? Yes, you can.

Limit Orders

Limit orders

Transfer your money at the rate you want. With OFX, you won’t miss out if your target rate is reached overnight or while you’re busy.

Forward Contracts

Forward contracts

Secure an exchange rate for up to 12 months and help protect your profits from adverse exchange rate movements.

See what OFX can do for your business

We’re listening. Tell us about your business and we’ll help you create a custom currency strategy to simplify your global money transfers.


By entering your email address you agree to the OFX Terms Of Use and Privacy Policy and agree to receive OFX email correspondence.

Frequently asked questions

Creating an account can be done in 3 simple steps:

  1. Register: click ‘Register’ in the top right corner and fill in your details. There are no setup fees or monthly account fees.
  2. We’ll call you: After you have registered for an account, we will call you to complete the registration. We will ask you some basic questions including which currencies you want your receiving account to accept.
  3. Verification & Receiving Account Opening: To verify your account, we will request some documentation. During the call, we will tell you which documents we require and direct you to our Secure Site to send them directly to the relevant team. 

Please note, OFX accounts are normally approved within 4 business days. Following this, your receiving account details should be delivered within 2 business days.

At OFX, we don’t charge setup fees or monthly account fees. When you make a transfer with us, we take a small percentage to cover our cost, but this is usually about 75% less than what an online marketplace would charge for cross-border payments.* With us, there are no outgoing fees in transferring the funds to your home bank account, whereas other providers may charge a fee. Occasionally, third-party banks may deduct a fee from your transfer before paying your recipient bank account. This fee may vary and OFX receives no portion of it.

 

*Average savings based on a sample of published transaction fees for cross border payments provided by Amazon and PayPal dated 8.24.16.  Quoted savings are not indicative of future savings.


 

Once you have received your receiving account details by email, upload or send these details to the marketplace. Once you have done this, you can transfer:

  1. Initiate payment: From your marketplace account, send the money to your new OFX receiving account. Delivery times may differ by marketplace and the foreign currency you are sending. Amazon sellers will usually find it takes 2-4 business days for the funds to appear in the receiving account.
  2. Once you have initiated payment of the foreign currency from your marketplace account to your OFX receiving account, log into your OFX account online and book the transfer with us.
  3. As soon as the funds appear in your receiving account, you will be notified by email. They foreign currency will then be automatically forwarded to your designated home bank account.

If you want greater flexibility over when the foreign currency is sent from your receiving account to your domestic account, please let us known during the set up process or afterwards. You can contact us 24/7.

We currently offer receiving accounts in US dollar, Great British pound, Euro, Canadian dollar, Australian dollar, and Hong Kong dollar. If you have an interest in a different currency receiving account, please email us at onlinesellers@ofx.com to see if we may be able to meet your needs.

Our receiving accounts accept payments from some of the world’s largest online marketplaces like Amazon, eBay, PriceMinister.com, Newegg, Buy.com, Game, Wish.com, CDiscount.com, Rue du Commerce and Shop.com. 

If your marketplace is not listed here, ask your OFX account representative or contact us at onlinesellers@ofx.com. We are always adding to our list of approved marketplaces. 

Global offices

Level 19
60 Margaret St
Sydney
NSW 2000
Australia

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1st Floor
85 Gracechurch St
London
United Kingdom
EC3V 0AA

London

49 Stevenson St
13th Floor
San Francisco
CA, 94105
USA

San Francisco

Unit 1602,
16th Floor
100 Queens Road
Central, Hong Kong

Hong Kong

Suite 1002
145 King St West
Toronto, ON
M5H 1J8
Canada

Toronto

Level 27, PWC Tower
188 Quay St
Auckland
New Zealand

Auckland