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.
*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. .
The Global Currency Account offers local bank accounts in today’s most profitable international markets: USD,EUR,GBP, CAD, AUD and HKD.
How it works
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.
Provide your new OFX account number to your online marketplace and start receiving sale proceeds directly into the account.
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.
No OFX Fees*
Save on fees. It’s free to sign up and OFX charges no fees to transfer your funds.
Get approved within 4 business days and expand to new markets with one phone call.
*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.
Pricing & Fees
to open an Online Seller account with OFX.
to expand to new markets with additional accounts.
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)
Call today to learn how to use OFX to pay suppliers. Same currency cross border payments? Yes, you can.
Target rate transfers (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.
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.
Frequently asked questions
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.
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