Built for Singapore businesses. Designed to save you time and money.
Why do small and medium businesses choose OFX?
Built for growing businesses.
Our solutions are purpose-built for small and medium businesses that need powerful, scalable, and intuitive digital tools to manage global finances with confidence.
Please note: Sole proprietorships are onboarded under OFX Personal accounts due to regulatory requirements.
All-in-one financial platform.
Streamline accounts payable, employee expenses, payments, and reimbursements across multiple entities and markets — all from a single, integrated platform.
Smarter global money management.
Hold and pay in 30+ currencies, access competitive FX rates with low fees, and simplify international transactions with one secure login.
One account that does it all.
Your Global Business Account gives your business airtight expense control. Hold multiple currencies in one account, pay suppliers abroad and collect from customers overseas — without juggling multiple bank accounts.
Powering digital transformation for small and medium businesses.
Make bulk payments fast and easy.
Instantly issue OFX Corporate Cards (coming soon), set employee spend limits and capture receipts. Every business transaction is tracked, coded and allocated. Empower teams and give finance leaders peace of mind.
We’ve got FX solutions for sole proprietors.
See all your spend in one glance.
Want to get real-time insights and visibility? Seamlessly integrate all your cross-border payments, employee expenses, bills, vendor payments and more with our Spend Management solution.
Simple end-to-end financial solutions.
A simplified approach to your business payments and finances. Track your bills, expenses, payments, cards and currencies — everything you need in one place.
Simplify the way you manage global business finances today
Multi-entity. Multi-market. One login.
Chances are, you’re dealing with customers and suppliers in key markets across the globe. An American customer. A Japanese supplier. Make fast transfers between your currency accounts at competitive FX rates.
The faster way to pay and get paid globally.
Pay and get paid like a local in SGD, AUS, CAD, USD, EUR and GBP, with none of the bank fees. Get paid in foreign currency and use the funds to pay international expenses. It’s a brilliant way to avoid FX fees and move money faster.
30+ currencies at your fingertips. Minus the bank fees.
Skip the hassle and expense of opening a traditional business bank account. Set up your multi-currency account including a local SGD account in minutes, with low fees and more competitive rates.
Manage payments in 30+ currencies from one platform.
Importing or exporting goods? Get a seamless, reliable solution for international payments.
Pay and receive funds locally or globally. Hold multiple currencies and convert when rates work in your favour.
Eliminate manual admin work.
Boost your team’s productivity with automatic invoice extraction tools and payment processes. Reclaim your time and gain real-time visibility of your cashflow.
Real people. Real help.
Have a question? Get local support from specialists based in Singapore during business hours, and from our global team 24/7. Get answers to your questions through phone, email or live chat.
Small and medium business solutions FAQs
What makes OFX good for small and medium businesses?
Your business never stops. That’s why OFX financial solutions are designed to simplify financial operations and help your business thrive. Our platform goes beyond basic business accounts. It provides small and medium businesses with advanced features like automated bill pay, multi-currency transactions and accounting integrations all built to drive global business growth and control risk. With a Global Business Account, manage 30+ currencies, make international payments and get paid like a local in SGD, AUS, CAD, USD, EUR and GBP.
Other benefits include:
- Competitive FX rates and tools like Spot Transfers to manage currency risk.
- Corporate Cards (coming soon) and Spend Management tools to control expenses, track spending and streamline approvals.
- Integration with accounting software such as QuickBooks Online and Xero for accurate, automated bookkeeping.
- Time-saving AP automation for payments, approvals and reconciliation, reducing manual work and errors.
Can sole proprietorships use OFX?
Yes, sole proprietorships can open an OFX account but will be onboarded under OFX Personal accounts due to regulatory requirements.
What are the benefits of using OFX Corporate Cards for small and medium businesses?
OFX Corporate Cards (coming soon) offer several advantages for small and medium businesses. Virtual cards can be issued instantly to employees, with customisable spend limits to control expenses and support multi-currency transactions in over 30+ currencies.
Are there different pricing plans?
We offer flexible pricing plans designed to meet the diverse needs of small and medium businesses.
- Standard: Manage and automate payments in 30+ currencies with an OFX Global Business Account and OFX Corporate Cards (coming soon).
- Full Suite: Everything you get in the Standard plan, plus more. Get access to enhanced automation controls, and advanced tools like approvals and spend management.
- Custom: Designed to scale with your business. If you are a multi-entity or have high transaction volumes, get in touch with us.
Each plan is designed to suit your business needs, providing the tools and support necessary to manage your finances efficiently.
Get started for free to explore the features and determine which plan best suits your needs. For detailed information on each plan and to compare features, visit our pricing plan page.
How can I get started with OFX?
Getting started with OFX is simple.
- Register for free: Experience the OFX Global Business Account with no commitment.
- Set up your Global Business Account: Start managing multiple currencies and making international payments.
- Add your team and issue cards: Invite team members as users on your account and start issuing OFX Corporate Cards (coming soon) to manage expenses efficiently.
- Integrate your accounting software: Connect with QuickBooks Online or Xero for seamless financial data sync.
Trust earned daily.
Streamline your invoicing, billing and global payment needs.