Send large amounts of money overseas from Australia with OFX
We help our clients make large money transfers every day
Send money to friends and family overseas
Whether it’s a gift or a lifeline, send it straight to their bank accounts. They don’t even need an OFX account. Simple.
Pay overseas invoices with ease
Make paying for invoices for goods and services simple, cost-effective and secure.
Big ticket purchases without the big FX margin
Whether it’s a wedding, fine art, or other luxury goods, our OFXperts can help you feel currency confident.
Take the pinch out of property purchases
Pay a deposit for a property overseas without being overcharged by your bank.
Pay taxes and bills overseas
When your life admin stretches beyond borders, we make paying bills and taxes simple (at better rates than the bank).
Your savings across borders
Keep control, and keep more of, your hard-earned savings, no matter where you are.
Ready to make a large transfer? Open an account today.
Send money to over 170 countries
How to send large amounts of money overseas
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 our OFX app
OFX is publicly listed on the ASX and regulated by ASIC, with advanced fraud detection, and hands-on OFXperts, you can feel confident in going global.
Once we’ve received your funds, most transfers to major currencies, like euros or US dollars, are made within 1 to 2 business days. But some currencies can take longer. The currency, your recipient’s bank, weekends or public holidays, and the country you are sending to may impact transfer time. You can track your transfers online, in the OFX app, or call an OFXpert.
At OFX, we don’t have a limit on the amount you can transfer, our robust platform can handle it.
The maximum amount of money you can transfer overseas for other providers depends on the currencies you’re trying to transfer. Major currencies like USD, GBP, AUD, CAD, EUR, NZD, and JPY can usually be transferred freely. Regulated currencies like Chinese Yuan (CNY), South African Rand (ZAR), and Korean Won (KRW) may be subject to government regulations.
Why do some transfer services impose limits?
Some money transfer services will impose limits upon the amount of money that you can transfer in order to keep their own costs down. They may limit the amount of money that you can send in a 24-hour timeframe, over the course of a week, or in the span of a month. Some services will even limit how much you can send in the course of 180 days or an entire year.
The problem with transfer limits
Transfer limits can be just that—limiting.
When you have a service that imposes these restrictions upon you, it means that you need to keep track of how much money you’re sending. It may mean your recipient will have to pay more heavy receiving fees more often. Plus, it prevents your recipient from receiving all of the money they need at once, and that can cause problems, especially in an emergency.
Live a no-limit life and transfer with OFX
When you choose to use OFX to transfer money, you can send as much as you need to, and we won’t limit you in terms of how much you can send over a specific period of time either.
Don’t let limits hold you back any longer. Transfer what you need to, when you need to, by creating an account with OFX.