Want to protect your business' bottom-line?

Many business margins are subject to uncompetitive exchange rates, high wire fees, and market fluctuations. At OFX our risk management tools help customers mitigate currency exposure when paying suppliers and staff overseas, exporting goods and receiving foreign currency payments. 

OFX is the new UKForex. Same savings, new name.

£50 billion transferred. 190 countries. 55 currencies.

With 17 years of foreign exchange expertise, you can rely on us for international payments. 

Talk to our global currency experts and turn to our secure online platform when you need to transfer money.


Andrew Zoratto, Operations Manager at Zoratto Enterprises

"With a forward contract we were able to lock in a rate and mitigate the risk of unfavourable changes in the dollar, we recently saved close to $50,000"

We know business transfers

better than bank rates

Better-than-bank exchange rates

no fees

Zero OFX fees* on all transfers

risk managment

Manage currency with a range of transfer methods

How OFX works

register

1. Register & lock-in your transfer

Simply tell us how much you’re transferring, which currency and who to send it to.

send us the funds

2. Send us your funds

We accept bank transfers from your account
(e.g. Debit Card, Electronic Bank Transfer).

No cash, credit card, cheques or bank drafts.

We'll notify you once we receive your funds.

we deliver to your recipient

3. We deliver to your recipient

Transfers to most countries take
1-2 business days. Track your transfer online or with our mobile app.

Check out today's rates

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Our currency converter displays Market Rates and is not indicative of OFX Customer Rates. Simply register or log in for OFX Customer Rates.

The amounts above are calculated using the Market (Interbank) rate. Unfortunately, OFX is unable to facilitate international money transfers from {{base}} to {{term}}.

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Last Week Market Recap

Monday 20th March 2017

Reversed direction, gaining ground last week as the U.S. Fed raised interest rates and despite lower than expected employment numbers out of Australia. The rate began the week gaining after making its weekly low of 0.7579 on Monday in the absence of any significant data out of either country. The pair then lost a fraction on Tuesday as the United States reported better than expected PPI data. On Wednesday, the rate gained sharply, making its weekly high of 0.7718 after the FOMC raised the Fed Funds Rate to 1.0% from 0.75%. The rate then lost ground on Thursday after Australia reported Employment Change declined by -6.4K versus an expected increase of +16.3K, while the Australian Unemployment Rate increased to 5.9% from 5.7%. The pair resumed its rally on Friday as the United States reported mixed economic numbers. AUD/USD closed the week at 0.7703, with an overall gain of +2.7% for the week. 

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