CNBC Select just named OFX best for large international transfers—here’s why businesses and individuals around the world trust OFX with their FX.
OFX was recently awarded the Best International Money Transfer App for Large Transfers by CNBC Select. It’s recognition like this that reinforces what over 1 million clients already know: when it comes to moving money across borders with confidence, OFX is a trusted ally. This award reflects our dedication to fast, secure transfers at great rates, and the expertise that helps you stay in control, even when markets move fast.
Jump to:
• Why CNBC Select awarded OFX
• How OFX delivers better FX outcomes
• Why OFX leads the future of FX
Why CNBC Select awarded OFX
CNBC Select evaluated a range of international transfer providers and identified OFX as best-in-class for large international money transfers. They highlighted OFX’s competitive exchange rates, low-fee transfers, and specialist support. All of which reflect how we have provided over 1 million clients with a better, fairer way to move money around the world for over 25 years.
What sets OFX apart, particularly for large international transfers, is our ability to tailor FX solutions at scale. Unlike providers built primarily for small, everyday payments, OFX offers expertise on larger transfers, backed by a resilient global banking network. This means clients can move substantial sums quickly, securely, and with greater confidence, without sacrificing transparency or control.
Discover the OFX difference
How OFX delivers better FX outcomes
Whether you’re managing money for your business or making personal international transfers, moving money globally takes more than just an app. It requires expertise, secure technology, and real human support you can rely on.
That’s why people choose OFX for:
For larger international transfers, expertise matters even more. OFX has over 25 years of experience facilitating high-value FX payments and offering dedicated specialist support to help you move significant sums efficiently. Our established banking relationships and secure infrastructure enable large transfers to be processed smoothly, even in fast-moving or volatile markets.
But better FX outcomes come from the right balance of service, security, and great rates:
- Trusted and secure
- Regulated by 50+ global authorities, OFX has been earning client trust for over 25 years
- No hidden fees. No surprises.
- With OFX, what you see is what you get – transparent pricing and full visibility into every transaction.
- Real people. Real help.
- Our specialists are on hand 24/7. Call us, or email us anytime, we are always on call to support you.
In fast-moving global environments, both individuals and businesses need ease, confidence, and support they can trust. OFX delivers all three.
OFX has been a game changer for us as we have been able to create forward contracts, process approvals, have greater visibility over our team corporate cards and introduce an expense reimbursement process all within one cohesive system.”
– Jonathan Allara – Co-founder, BikesOnline
Why OFX leads the future of FX
The Wise Business Account costs $65 for the initial set-up, with ongoing fees depending on the features you use. However, you can trust Wise to keep exchange rates at the mid-market rate, and apply volume discounts when you spend over $40,0007.
The FX landscape is evolving rapidly, but our focus remains the same: providing a better, fairer way to move money. From multi-currency accounts and automated payment workflows to corporate cards and FX risk management support, OFX is building an innovative financial platform for all of your FX needs including:
- Forward Contracts*- If you are looking to protect your business against a future rate change, a forward contract is for you. Lock in a rate for an agreed amount of time so that you can make or receive payments without blowing your budget due to rate movements.
- Limit Orders– This is another risk management option that allows you to set the rate you are comfortable with and, once the exchange rate hits that point, an FX specialist will get in touch to let you know it’s time to complete your transfer.
- Currency Outlook– Our monthly Currency Outlook brings together insights from our treasury experts with key market movements and global events to provide a clear view of projected currency trends.
- Spot Transfers– A Spot Transfer is an instant exchange that you make “on the spot”. OFX will show you the two currencies and a highly competitive rate, updated in real-time.
- OFX’s Global Business Account– In addition to our FX products, OFX offers a Global Business Account that combines with Corporate Cards to create a single airtight expense control system.
*If you book a Forward Contract, it may mean losing out if the market rate improves because you’re contracted to settle at the agreed rate. Read more.
Together, these capabilities and the OFX Global Financial Platform help manage currency exposure, improve cash flow, and support smarter financial decisions. It’s this combination of powerful technology and human expertise that CNBC Select identified as setting OFX apart in a crowded global payments landscape.
That recognition reflects what our clients experience every day: a simpler, more transparent way to move and manage money globally. And as we continue to innovate and expand, our commitment remains unchanged, helping you save time, reduce complexity, and keep more of your money.
