How do I make a business FX transfer with OFX?
Making a Spot Transfer with OFX for your business is easy. Simply follow the steps below or watch our quick video guide.
- Login to your OFX account
- The page will open on the “Deal Dashboard”
- Select the “Recipient” tab and “Add New Recipient” if needed
- Once you have added your recipient select “New quote”
- Enter in the two currencies you wish to transfer between and the value you need to transfer
- Select “Get Quote”
- You will be issued a rate on the left under “Quote Details”
- If you wish to proceed with the transfer select “Continue”
- Next select the recipient that was previously added or an already existing recipient from the drop-down list
- Then add your payment reference, remember when the recipient receives the funds it will show as OFX so a payment reference is important
- If all the details are correct and you are satisfied with the information you have provided, select “Finalise Transfer”
- At this point your rate is locked in and binding
- We’ll send you a confirmation via email with all the details of your transfer including our bank details
- We’ll keep you up to date each step of the way with email or SMS
Interested in one of our other products or transfer types? Feel free to contact an OFXpert today.