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Can I extend the maturity date of my transfer?
Yes, the maturity date (the date we make the transfer to your recipient) can be extended by changing your single transfer to a Forward Exchange Contract. If you’d like to switch your single transfer to a Forward Exchange Contract, you will need to speak with one of our transfer experts.
This is only available for transfers made with major currencies and the exchange rate will change according to the interest rate differentials between your currencies. Once you’ve made the switch we’ll require a deposit, and the balance is due a few days before the maturity date of the contract. Then all that’s left is for us to complete your transfer on your chosen date.
More Ways To Transfer FAQs
- Can I extend the maturity date of my transfer?
- Can I lock-in a rate before I send you my funds?
- Do I need to pay a deposit for a recurring transfer?
- How do I set up a recurring transfer?
- How much does it cost to set up a recurring transfer?
- How to Transfer Money from One Bank Account to Another
- What are the different ways to transfer money?
- What is a single transfer?
- What’s the best way to send money online?
- Do I still need to remember any security questions associated with my OFX account?
- I received an SMS text message but I was not trying to access my account. What do I do?
- I am overseas and am unable to receive the SMS verification code. What should I do?
- My mobile number has changed or OFX doesn’t have my mobile number, so how can I receive the SMS verification code? What should I do?
- What is a wire transfer?
- What is peer-to-peer money transfer?
- What is the difference between a Forward Exchange Contract, a Limit Order and an FX Option?
