International Money Transfers

Take a look below at some of the reasons people send money with us

According to the UN, just over 3% of the global population are expats--living in a country other than where they were born. If you’re thinking of moving abroad, there will be tons to learn about your new home. Before you go, check out these tips from people who have been there and lived it.

1. Don’t use your bank to transfer money. Whether you’re buying a house, paying for school, or transferring retirement income, transferring money with your bank may well be your most expensive option. The margins on foreign exchange rates can be up to 5%, if you use your bank, and there are often additional fees at both ends of the transaction. Instead, use a forex transfer service like OFX. OFX has consistently low margins across all major currencies and the money usually arrives faster than other forex transfer services including peer-to-peer transfer services which can take days to find a buyer on the other end. Register now

Money

 
2. Try before you buy. You’d be surprised how many people uproot their lives before spending a reasonable amount of time at their destination. Before you make a permanent move, check out your new locale in the off-season, and see if it’s still as amazing as you thought.  

Holiday first

 
3. Get your paperwork in order. From birth certificates to background checks, you can facilitate your job hunt, visa processing and general government admin, if you take the time to collect as many of your documents as you can ahead of time. Most major companies these days use verification services to ensure your resume is accurate, so make copies of your degrees or transcripts before you go. In addition, multinational companies may want documentation of your prior achievements, so keep a record of your accomplishments that you can furnish at a later date.

Paperwork

 
4. Make good use of social networks. Whether you tap into the local expat community or just use Facebook to keep in touch with old friends, social networks are critical to prevent the isolation that can occur when moving abroad. Use services like MeetUp.com to find like-minded individuals in your area and take advantage of free software like Skype to stay close to loved ones back home.

Social

 
5. Be flexible. When you relocate, you’ll have so many decisions to make that it’s easy to get overwhelmed. Do as much research as you can before you go and know that you will almost certainly make some mistakes. If you find yourself in the wrong neighbourhood, school or job, don’t hesitate to change course.

Moving

 
6. Embrace less. It can be so hard to get rid of stuff, but anyone who moves frequently can attest that things can quickly become a burden. Cull your keepsakes and opt for digital versions of books and music. You often won’t know what you’ll really need until you get to your new home. Pack the essentials and expect to buy the rest as needed.

Minimal Room

 
7. Use group buying sites. To get cheap access to major tourist attractions and travel around on the cheap, sign up for group buying sites like Groupon and LivingSocial. Reading through their daily newsletters is a simple way to learn what’s going on nearby. The competitive pricing can make it easier to tick off your travel list, if you can be flexible about when you go and where you stay.

Online Shopping 

8. Learn the language from day one. Every step you take in learning the language of your host nation brings you closer to the culture. While you may never get to speaking fluent Russian, a few words engender a lot of goodwill, so make the language a priority--if for no other reason than to simplify your trips to the grocery store.

 
9. Live like a local. Whether it’s harvesting berries in Lapland or sipping wine in France, it’s so important to enjoy the simple pleasures in your new home.

Paris

 
10. Read up. You’ll never learn everything there is to know about your destination but having a bit of cultural context is essential for a successful experience. You should attempt to have a basic understanding of the political system as well as the major issues of the day. Extra points if you pick up fiction or memoirs about your new home.

Sign up with OFX, and start your journey the right way.


 

 

 

Moving overseas? Save with the global money transfer experts.

Moving overseas?

A new world is waiting, make sure your funds are too.

Funding life's next adventure? Save with the global money transfer experts.

Wherever you go have your savings follow

Funding life's next adventure

Supporting family back home? Save with the global money transfer experts.

Sending money back home?

They welcome your support, you'll welcome our rates.

Getting married overseas? Save with the global money transfer experts.

Getting married overseas?

Your overseas wedding paid without a hitch.

Studying overseas? Save with the global money transfer experts.

Studying overseas?

Transfer their fees without needing a maths degree

Limited edition import? Save with the global money transfer experts.

Limited edition import?

Limit the transfer fees on your limited edition import.

Buying property overseas? Save with the global money transfer experts.

Buying property overseas?

You exchange the contracts, we'll exchange the currency

Transferring for the first time? Check out our FAQs to get started

It’s easy to OFX your money transfer in 3 simple steps.

  1. Register, get verified and login.
  2. Enter your recipient’s bank account details and lock-in your transfer.
  3. Simply send your funds to us via BPAY or Electronic Funds Transfer and we’ll do the rest!
Our global network of bank accounts ensures that your funds are converted and delivered to your recipient quickly and securely.
Relax, because when you OFX it you can rest assured knowing your money is in safe hands.

After we’ve received your funds, we’ll complete the transfer and email you confirmation that the funds have been deposited into your recipient’s account.

Simple, swift and secure.

Yes. We’ve recently lowered our minimum transfer amount to AUD 250.00, giving you even more flexibility when it comes to making global transfers.

Lots. With 115 bank accounts in our global network and 55 currencies (and counting) to make a transfer with, chances are you can OFX it.

Along with all the major global currencies, we have a wide range of exotic currencies to choose from. Simply select your currencies to transfer with in our currency converter and we’ll tell if you can make a transfer and how long it should take.  

Below is a full list of our supported currencies.

Standard 

AED United Arab Emirates Dirham
AUD Australian Dollar
CAD Canadian Dollar
CHF Swiss Franc
DKK Danish Kroner
EUR Euro
GBP Pound Sterling
HKD Hong Kong Dollar
JPY Japanese Yen
MXN Mexican Peso
NOK Norwegian Kroner
NZD New Zealand Dollar
PLN Polish Zloty
SEK Swedish Kroner
SGD Singapore Dollar
THB Thailand Baht
USD US Dollar
ZAR South African Rand

Exotics 

AZN  Azerbaijani Minat
BGN  Bulgarian Lev
BHD  Bahraini Dinar 
BND Brunei Dollar
CNY* Chinese Yuan Renminbi
CZK Czech Koruna
EGP  Egyptian Pound
FJD Fiji Dollar
HUF Hungarian Forint
IDR Indonesian Rupiah
ILS Israeli Shekel
INR Indian Rupees
KRW South Korean Won
KWD Kuwaiti Dinar
LKR Sri Lankan Rupee
MAD Moroccan Dirham
MGA Malagasy Ariary
MYR Malaysian Ringgit
OMR Omani Rial
PEN Peruvian Nuevo Sol
PGK Papua New Guinea Kina
PHP Philippine Peso
PKR Pakistan Rupee
RUB  Russian Ruble
SAR Saudi Riyal
SBD Solomon Island Dollar
SCR Seychelles Rupee
TOP Tongan Pa anga
TRY Turkish Lira
TWD Taiwanese Dollar
TZN  Tanzanian Shilling
VEF  Venezuelan Bolivar Fuerte
VND Vietnamese Dong
VUV Vanuatu Vatu
WST Samoan Talar
XOF CFA Franc
XPF CFP Franc

*Business customers only

At OFX we have one standard fee of AUD 15 if you’re transferring under AUD 10,000. If you’re transferring more than AUD 10,000, we won’t charge you a transfer fee. (Yes, it’s that simple!)

Occasionally, third-party banks may deduct a fee from your transfer before paying your recipient. This fee may vary and OFX receives no portion of it. If you’re concerned, simply talk to one of our team members to discuss your transfer. 

Why choose OFX?

Regulated

Regulated

We're regulated by MAS (Monetary Authority of Singapore) and our parent company is listed on the Australian Securities Exchange (ASX).

global support team

Global support team

Our experienced support staff are in our global offices in Australia, USA, UK, Canada, New Zealand, Hong Kong and Singapore.

great rates

Great rates

We've got great rates and have securely transferred over $100 billion worldwide since 1998.