Introducing the OFX Global Currency Account
Secure cross-border payments. Seamless cash flow management.
See what a true multi-currency account can do for your business operations and your growth
Manage your global cash flow with ease and give your online business the advantage of competitive exchange rates and a single view of accounts, balances and transfers.
Plus, its free - zero OFX monthly account fees.
Get a dashboard view
View and manage all of your currency accounts—EUR, GBP, USD, HKD, AUD, CAD—in a single place, regardless of where your product is selling.
Hold balances
Leave balances in your account and use them for other purposes like paying suppliers. You decide when to convert back to your home currency.
Pay suppliers directly
Use existing balances to pay your vendors, suppliers, or taxes directly from your account—eliminating at least one side of a conversion.
Make Same Currency Payments
When you want to make payments from your home currency, now you can for a small percent of the transfer.
How It Works
Experience the new Global Currency Account and how it can help your online businesses manage cash flow and save on every overseas payment or receivable—with no fees, low exchange rates, and multiple transfer options.
Intuitive
Get a streamlined and intuitive view of your global flows, all in one place.
Convenient
Expedite critical aspects of your supply chain, by paying your suppliers, vendors or taxes directly from the platform.
Comprehensive
You can manage funds from different global marketplaces and create multiple accounts in the same currency.
Frequently asked questions
How do I setup a Global Currency Account with OFX?
Creating an account can be done in 3 simple steps:
- Register: click ‘Register’ in the top right corner and fill in your details. There are no setup fees or monthly account fees.
- 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 local account to accept.
- Verification & Global Currency 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 local currency account details should be delivered within 2 business days.
Can I make payments out of my receiving account directly to my suppliers?
Yes! You can pay your vendors, suppliers, or taxes in multiple currencies at your preferred rate before bringing your profits home.
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