Australian’s online shopping behavior and the impact of Amazon's entrance
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*Average savings based on a sample of published transaction fees for cross border payments provided by Amazon and PayPal dated 8.24.16. Quoted savings are not indicative of future savings. .
The Global Currency Account offers local bank accounts in today’s most profitable international markets: USD,EUR,GBP, CAD, AUD and HKD.
How it works
Create an account
Our account opening process is fast and simple so you can quickly get back to your day. Just fill in a few details and an OFX team member will call you to complete setup.
Provide your new OFX account number to your online marketplace and start receiving sale proceeds directly into the account.
You decide when to convert your proceeds back to your home currency or set up automatic transfers. To stay in the loop, track your transfers and check balances online.
No OFX Fees*
Save on fees. It’s free to sign up and OFX charges no fees to transfer your funds.
Get approved within 4 business days and expand to new markets with one phone call.
*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.
Pricing & Fees
to open an Online Seller account with OFX.
to expand to new markets with additional accounts.
monthly maintenance and 24/7 support.
Register and start transferring now
And join thousands of others who save on their international transfers.
Frequently Asked Questions
It couldn’t be easier.
- Register. Fill in your personal details online – there’s no cost or obligation to make a transfer.
- We need to speak to you. After you register, an OFX team member will call you to complete the setup and answer any questions you have.
- Verification. Most of the time we verify our customers automatically, so you won’t need to send us any paperwork. However, if we need any documents, we'll let you know straight away.
Now it's time to make your first transfer! Once you’ve locked-in your transfer, we’ll call you to confirm and discuss payment options. After we’ve received the funds from you, we’ll make the transfer to your recipient.
It’s easy to OFX your money transfer in 3 simple steps.
- Register, get verified and login.
- Enter your recipient’s bank account details and lock-in your transfer.
- Simply set up a Direct Debit or send the funds to us via WIRE 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.
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 the currencies you want to transfer in our currency converter, and we’ll tell you if you can make a transfer, and how long it should take.
Below is a full list of our supported currencies.
|AED||United Arab Emirates Dirham *Offshore|
|CHF||Swiss Franc *Offshore|
|CZK||Czech Koruna *Offshore|
|HKD||Hong Kong Dollar|
|JPY||Japanese Yen *Offshore|
|NZD||New Zealand Dollar|
|ZAR||South African Rand *Offshore|
|ILS||Israeli New Shekel|
|KRW||South Korean Won|
|LKR||Sri Lankan Rupee|
|MXN||Mexican Peso *Offshore|
|PEN||Peruvian Nuevo Sol|
|PGK||Papua New Guinean Kina|
|SAR||Saudi Arabian Riyal|
|SBD||Solomon Islands Dollar|
|XOF||West African CFA Franc|
*Business customers only
OFX holds client funds in accounts with highly rated financial institutions. In addition, OFX operates an extremely low risk business model whereby OFX never pays out client funds prior to receipt of the currency the client has sold to us. This ensures OFX has zero default risk from client dealings.
OFX is also registered as a Money Service Business at the federal level with the Financial Crimes Enforcement Network (“FinCEN”), which is a bureau of the United States Department of Treasury and is licensed as a money transmitter by relevant state regulatory agencies in the U.S.
For more information visit our regulations page.
Our flat rate transfer fee is now a thing of the past. Our customers can enjoy international money transfers with zero OFX transfer fees. No gimmicks, no catch.
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.
We know global
Our international network of offices and bank accounts mean that wherever you are, OFX can help.
60 Margaret St
Level 26, PWC Tower
188 Quay St
49 Stevenson St
The White Chapel Building,
10 Whitechapel High St, London,
145 King St West
29F, Bonham Circus
40-44 Bonham Strand,