How does OFX help?
With an OFX online seller account, you can establish local receiving accounts in USD, CAD, EUR, AUD, GBP and HKD, so you don’t have to pay 4% to marketplaces like Amazon when you bring your money home.
Plus, you can pay your overseas suppliers at a fraction of the cost of using your bank to transfer the funds. Most banks will charge up to 5% in foreign exchange margins in addition to international transaction fees. We don’t. Our margins are under 1.5% when you register for an online seller account with OFX.
It works like this: if you earn $200,000 in overseas sales, using OFX transfer your money will help you keep an extra $5,000 in your pocket. Not too shabby.
Sign up with OFX today and keep your profits in tact while using our simple 24/7 online platform. If your bank has been treating you like a number, make the switch to OFX.
*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. Third party intermediary fees may apply.