Your Money Is Safe With OFX
We adhere to all local regulations
We are fully licenced in each of the jurisdictions where we operate, and comply with all local rules and regulations.
OFX Limited holds a certificate of registration for Money Laundering Regulation (MLR). Registration number: 12219180.
OFX is also regulated in the UK by the Financial Conduct Authority (FRN: 521566) for the provision of payment services. Firms regulated by the Financial Conduct Authority for the provision of payment services are required to;
- segregate client accounts in accordance with FCA rules on the safeguarding of client funds;
- maintain a defined level of regulatory capital at all times;
- apply stringent governance and risk management procedures throughout the business.
We are a global and listed company
OFX is part of the OzForex Group, which provides foreign exchange services to thousands of customers across 6 continents. The OzForex Group Limited, is a publicly listed entity with shares traded on the Australian Securities Exchange under the code "OFX".
- 460,000 fund transfers last year AUD
- $19.1 billion in foreign exchange transactions in 2016
- Approx 65,000 website visits per day
- Over 220 staff and offices in San Francisco, London, Sydney, Hong Kong, Toronto and Auckland.
We operate a low risk business model
Our business model is inherently a low risk one. By offering a deliverable-only foreign exchange service we do not take positions in the market ourselves, so we assume very little transactional or market risk. This structure also allowed us to stay open during the Brexit referendum--when many banks and other providers closed up shop.
Our website security is top notch
Our secure online platform uses SSL certificates to encrypt traffic and features Symantec online security and protection. Read more about how we protect you here.
You can protect yourself before you transfer
Making a transfer to someone you’ve never met in person? If so, proceed with extreme caution--especially if the initial contact was via email. Do your due diligence before sending money to a new overseas supplier or even supporting an overseas orphanage or love interest. Money transfers move fast and once the money is sent, it’s almost impossible to get it back. Learn more about the warning signs of wire transfer fraud here.
If you have any questions about our service, contact our helpful team online or by phone 24/7.