Are there any account or transfer fees?

At OFX, we don’t charge setup fees or monthly account fees. When you make a transfer we take a small percentage as part of our cost, but this is often a smaller margin than the marketplace. With us, there are also no outgoing fees* in transferring the funds to your home bank account, where other providers may charge a fee.

*Occasionally, third-party banks may deduct a fee from your transfer before paying your recipient bank account. This fee may vary and OFX receives no portion of it.

If you have any questions that aren't answered in our FAQs, feel free to ask us here.

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