OFX review
4.20 Kredly scoreOFX offers competitive exchange rates and 24/7 support for global money transfers. Review OFX fees, transfer times, and safety measures.
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Pros
- Competitive exchange rates
- often better than traditional banks
- Fast and secure international fund transfers
- 24/7 customer support from "OFXperts"
- Comprehensive business solutions including corporate cards and spend management
- Easy-to-use platform and mobile apps
Cons
- Strict compliance requests can lead to delays and additional documentation for some users
- Some users report issues with account blocking and lack of communication regarding these instances
- The app experience can be difficult to set up
- and some credit unions are not listed
About OFX
OFX is a leading financial platform specializing in global money transfers and comprehensive business solutions, designed to help individuals and businesses save time and money on international transactions. With over 25 years of experience and more than 1 million customers, OFX has moved over $293 billion worldwide, earning a strong reputation for offering bank-beating exchange rates and fee transparency. Their services extend beyond simple transfers, encompassing Corporate Cards with cashback rewards, sophisticated Spend Management, and AP & Bills Automation, providing a streamlined financial ecosystem for growing enterprises.
Customers consistently praise OFX for its fast, secure, and reliable international fund transfers across 50+ currencies in 170+ countries. The platform offers diverse payment methods tailored for business needs, ensuring efficiency and control. Users frequently highlight the professionalism and knowledge of their "OFXperts," available 24/7 for support, which adds a crucial human touch to their technology-driven approach. While the majority of transfers proceed smoothly, some users have encountered challenges with compliance documentation or account access, indicating that the strict regulatory environment can sometimes impact user experience.
For businesses, OFX provides an all-in-one solution with features like the Global Business Account, allowing users to control and monitor all financial activities in one place.
The introduction of Apple Pay further enhances payment flexibility and security for OFX cardholders. Despite occasional compliance-related hurdles, OFX remains a highly recommended choice for those seeking efficient, secure, and cost-effective international money transfers, backed by dedicated customer service and powerful business tools. Their commitment to transparency means no hidden costs, giving users clear visibility throughout the transfer process.
OFX offers we're tracking now
| Destination | Fee | Markup | Speed | Recipient gets |
|---|---|---|---|---|
| 🇦🇷 Argentina | $0.00 | 0.65% | Not stated | ARS 1,498,448.10 |
| 🇦🇺 Australia | $0.00 | 0.65% | Not stated | A$1,384.70 |
| 🇦🇹 Austria | $0.00 | 0.65% | Not stated | €856.60 |
| 🇦🇿 Azerbaijan | $0.00 | 0.65% | Not stated | AZN 1,692.90 |
| 🇧🇭 Bahrain | $0.00 | 0.65% | Not stated | BHD 374.60 |
| 🇧🇪 Belgium | $0.00 | 0.65% | Not stated | €856.60 |
| 🇧🇷 Brazil | $0.00 | 0.65% | Not stated | R$5,092.10 |
| 🇧🇳 Brunei | $0.00 | 0.65% | Not stated | BND 1,259.20 |
| 🇧🇬 Bulgaria | $0.00 | 0.65% | Not stated | BGN 1,685.30 |
| 🇨🇦 Canada | $0.00 | 0.65% | Not stated | CA$1,377.40 |
| 🇨🇱 Chile | $0.00 | 0.65% | Not stated | CLP 935,907.2 |
| 🇨🇳 China | $0.00 | 0.65% | Not stated | CN¥6,664.60 |
| 🇭🇷 Croatia | $0.00 | 0.65% | Not stated | HRK 6,453.40 |
| 🇨🇾 Cyprus | $0.00 | 0.65% | Not stated | €856.60 |
| 🇨🇿 Czech Republic | $0.00 | 0.65% | Not stated | CZK 20,771.80 |
| 🇩🇰 Denmark | $0.00 | 0.65% | Not stated | DKK 6,402.70 |
| 🇪🇬 Egypt | $0.00 | 0.65% | Not stated | EGP 51,033.70 |
| 🇪🇪 Estonia | $0.00 | 0.65% | Not stated | €856.60 |
| 🇫🇯 Fiji | $0.00 | 0.65% | Not stated | FJD 2,211.30 |
| 🇫🇮 Finland | $0.00 | 0.65% | Not stated | €856.60 |
| 🇫🇷 France | $0.00 | 0.65% | Not stated | €856.60 |
| 🇬🇷 Greece | $0.00 | 0.65% | Not stated | €856.60 |
| 🇭🇰 Hong Kong | $0.00 | 0.65% | Not stated | HK$7,792.00 |
| 🇭🇺 Hungary | $0.00 | 0.65% | Not stated | HUF 311,294.8 |
| 🇮🇳 India | $0.00 | 0.65% | Not stated | ₹94,923.90 |
| 🇮🇩 Indonesia | $0.00 | 0.65% | Not stated | IDR 17,497,522 |
| 🇮🇪 Ireland | $0.00 | 0.65% | Not stated | €856.60 |
| 🇮🇱 Israel | $0.00 | 0.65% | Not stated | ₪3,011.60 |
| 🇮🇹 Italy | $0.00 | 0.65% | Not stated | €856.60 |
| 🇯🇵 Japan | $0.00 | 0.65% | Not stated | ¥152,702 |
| 🇰🇼 Kuwait | $0.00 | 0.65% | Not stated | KWD 306.40 |
| 🇱🇻 Latvia | $0.00 | 0.65% | Not stated | €856.60 |
| 🇱🇹 Lithuania | $0.00 | 0.65% | Not stated | €856.60 |
| 🇱🇺 Luxembourg | $0.00 | 0.65% | Not stated | €856.60 |
| 🇲🇬 Madagascar | $0.00 | 0.65% | Not stated | MGA 4,300,861.8 |
| 🇲🇾 Malaysia | $0.00 | 0.65% | Not stated | MYR 4,044.80 |
| 🇲🇹 Malta | $0.00 | 0.65% | Not stated | €856.60 |
| 🇲🇽 Mexico | $0.00 | 0.65% | Not stated | MX$16,861.70 |
| 🇲🇦 Morocco | $0.00 | 0.65% | Not stated | MAD 9,312.60 |
| 🇳🇱 Netherlands | $0.00 | 0.65% | Not stated | €856.60 |
| 🇳🇿 New Zealand | $0.00 | 0.65% | Not stated | NZ$1,707.90 |
| 🇳🇴 Norway | $0.00 | 0.65% | Not stated | NOK 9,229.20 |
| 🇴🇲 Oman | $0.00 | 0.65% | Not stated | OMR 382.00 |
| 🇵🇰 Pakistan | $0.00 | 0.65% | Not stated | PKR 275,313.8 |
| 🇵🇬 Papua New Guinea | $0.00 | 0.65% | Not stated | PGK 4,417.10 |
| 🇵🇪 Peru | $0.00 | 0.65% | Not stated | PEN 3,332.70 |
| 🇵🇭 Philippines | $0.00 | 0.65% | Not stated | ₱62,197.10 |
| 🇵🇱 Poland | $0.00 | 0.65% | Not stated | PLN 3,703.00 |
| 🇵🇹 Portugal | $0.00 | 0.65% | Not stated | €856.60 |
| 🇷🇺 Russia | $0.00 | 0.65% | Not stated | RUB 83,578.20 |
| 🇼🇸 Samoa | $0.00 | 0.65% | Not stated | WST 2,706.40 |
| 🇸🇦 Saudi Arabia | $0.00 | 0.65% | Not stated | SAR 3,747.80 |
| 🇸🇨 Seychelles | $0.00 | 0.65% | Not stated | SCR 13,799.80 |
| 🇸🇬 Singapore | $0.00 | 0.65% | Not stated | SGD 1,258.80 |
| 🇸🇰 Slovakia | $0.00 | 0.65% | Not stated | €856.60 |
| 🇸🇮 Slovenia | $0.00 | 0.65% | Not stated | €856.60 |
| 🇸🇧 Solomon Islands | $0.00 | 0.65% | Not stated | SBD 7,960.90 |
| 🇿🇦 South Africa | $0.00 | 0.65% | Not stated | ZAR 16,028.60 |
| 🇰🇷 South Korea | $0.00 | 0.65% | Not stated | ₩1,331,737.5 |
| 🇪🇸 Spain | $0.00 | 0.65% | Not stated | €856.60 |
| 🇱🇰 Sri Lanka | $0.00 | 0.65% | Not stated | LKR 326,489.10 |
| 🇸🇪 Sweden | $0.00 | 0.65% | Not stated | SEK 9,635.70 |
| 🇨🇭 Switzerland | $0.00 | 0.65% | Not stated | CHF 810.90 |
| 🇹🇼 Taiwan | $0.00 | 0.65% | Not stated | NT$31,409.00 |
| 🇹🇿 Tanzania | $0.00 | 0.65% | Not stated | TZS 2,629,749.80 |
| 🇹🇭 Thailand | $0.00 | 0.65% | Not stated | THB 32,815.70 |
| 🇹🇴 Tonga | $0.00 | 0.65% | Not stated | TOP 2,392.10 |
| 🇹🇷 Turkey | $0.00 | 0.65% | Not stated | TRY 48,285.50 |
| 🇦🇪 United Arab Emirates | $0.00 | 0.65% | Not stated | AED 3,648.60 |
| 🇬🇧 United Kingdom | $0.00 | 0.65% | Not stated | £734.60 |
| 🇻🇺 Vanuatu | $0.00 | 0.65% | Not stated | VUV 117,126 |
| 🇻🇪 Venezuela | $0.00 | 0.65% | Not stated | VES 826,043.30 |
| 🇻🇳 Vietnam | $0.00 | 0.65% | Not stated | ₫25,754,003.8 |
Each destination links to the full offer comparison. Methodology
Is OFX safe?
Check the legal entity, regulator, safeguarding terms and complaint process that apply in your jurisdiction. A provider's availability and protections can vary by country.
Read our safety checklist →FAQ
Is OFX safe for international transfers?
OFX has over 25 years of experience and has moved over $293 billion worldwide for more than 1 million customers. While generally secure, strict compliance requests can sometimes lead to additional documentation requirements.
How long do OFX transfers take?
Most OFX transfers are fast and secure. The exact transfer time can vary based on the destination country, currency, and compliance checks, which can occasionally cause delays.
What are OFX exchange rates like?
OFX is known for offering competitive exchange rates, often better than those found at traditional banks. They aim for transparency with no hidden costs, giving users clear visibility throughout the transfer process.
Does OFX have transfer fees?
The provided information highlights fee transparency but does not specify exact transfer fees. It's recommended to check directly with OFX for the most current fee structure applicable to your specific transfer.
What customer support does OFX offer?
OFX provides 24/7 customer support from their "OFXperts." Users frequently highlight the professionalism and knowledge of the support team, which adds a human touch to their services.
What business solutions does OFX provide?
OFX offers comprehensive business solutions including Corporate Cards with cashback rewards, Spend Management, AP & Bills Automation, and a Global Business Account. These tools help manage financial activities for growing enterprises.
