Transferring money with OFX is simple

Step 1 – Get a quote

Welcome to OFX. It's time to start your transfer! To begin, click ‘Transfer Now’ at the top right of your screen to get access to our bank-beating exchange rates.

You'll need to tell us which currency you have (You transfer) and also the currency you want to transfer to (Recipient gets), plus the amount you wish to transfer.

Our system will automatically display the current rate and you'll see the exact amount of foreign currency the recipient account will receive*. If you're happy with the displayed exchanged rate, let's continue on to adding your recipient.

*Occasionally, third-party banks may deduct a fee from your transfer before paying your recipient. This fee may vary and OFX receives no portion of it.

Step 2 – Add your recipient details

The next step is to add your recipient bank account information. We will request the standard information such as account name, account number, and once you've entered and reviewed the details, you Recipient is automatically saved for future use.

If you have any problems entering the foreign bank account details, feel free to get in touch. We're familiar with literally hundreds of account types so we can certainly help.

Step 3 – Review and Confirm

For the final step you’ll need to enter a 'Reference', which will be visible on the recipient's bank account statement, and we ask for the reason behind your transfer, so we can better serve you in the future.

Once you've entered this information, select 'Review & Confirm' for a final and complete check of your intended transfer. If you're happy with everything you see, select 'Confirm' and you're done! We'll now show you the different and convenient payment options available and we'll also be in touch via email or SMS to let you know the status of your funds. Or you can track your funds using our mobile app.

If this is your first deal, you're sending funds to a new recipient or if you are sending more than $100,000 one of our dealers will give you a call within 15 minutes of you booking the transfer, so please make sure your contact details are up-to-date and correct and your phone is nearby.

Need some help?

If you get stuck at any point of the transfer process, or you'd simply like someone to hold your hand as you transfer for the first time, feel free to visit our Contact Us page and get in touch. Don't forget, we're available 24/7.