No transfer fees
Competitive rates with margin
1-2 business days
OFX stands out as one of the most established international money transfer providers, offering fee-free transfers with competitive exchange rates across 190+ countries. Founded in 1998 as OzForex, this Australian-based company has processed over $100 billion in transfers, serving both individual and business customers with a focus on reliability and comprehensive global coverage.
OFX's greatest strength lies in its zero-fee transfer model combined with competitive exchange rates that consistently beat traditional banks. The platform excels in providing fast, secure transfers with excellent customer service and robust regulatory compliance. Their established presence across multiple markets and strong track record make them an excellent choice for regular international transfers and business payments.
No transfer fees
Competitive exchange rates
24/7 customer support
Fast transfer speeds (1-2 days)
Extensive global coverage (190+ countries)
Established, regulated provider
Exchange rates include margin (not mid-market)
Limited payout options in some countries
Minimum transfer amounts required
User-friendly platform, straightforward registration, excellent mobile app
No transfer fees, competitive exchange rates, transparent pricing structure
Fast 1-2 business day delivery, reliable and predictable timing
190+ countries, multiple payout options, comprehensive global reach
24/7 phone support, dedicated specialists, excellent service quality
| Service Type | Details |
|---|---|
| Years in Operation | 26 |
| Minimum Transfer | $250 USD equivalent |
| Maximum Transfer | $500,000 USD per transaction |
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OFX is a leading global money transfer service founded in 1998 that specializes in international payments for individuals and businesses, offering fee-free transfers with competitive exchange rates to over 190 countries worldwide.
Headquartered in Sydney, Australia, and regulated by multiple financial authorities including ASIC, FCA, and FinCEN, OFX has processed over $100 billion in transfers and serves customers across major global markets.
Guarantee: Regulated financial institution with comprehensive customer protection and secure transfer guarantee
Users seeking fee-free international transfers
Regular overseas payments and remittances
Business customers requiring reliable global payments
Large transfer amounts with competitive rates
Best10 Money Transfer earns commissions from OFX from qualifying transactions through links on this page
Global Transfers: Comprehensive international money transfer service with extensive country coverage and multiple payout options. Ideal for personal remittances and business payments worldwide.
Business Solutions: Dedicated business platform with API integration, batch payments, forward contracts, and dedicated account management for companies with regular international payment needs.
Rate Alerts: Advanced rate monitoring tools that notify users when their desired exchange rate is reached, helping optimize transfer timing for better value.
| Transfer Speed | 1-2 business days |
| Coverage | 190+ countries and territories |
| Transfer Methods | Bank transfer, debit card |
| Payout Options | Bank deposit, cash pickup (select countries) |
| Mobile App | iOS and Android apps available |
| Customer Support | 24/7 phone support with dedicated specialists |
OFX's mobile application provides a comprehensive platform for managing international transfers with real-time rate tracking, transfer history, and rate alert functionality. The app features an intuitive design with biometric login, push notifications, and the ability to complete transfers quickly and securely from mobile devices.
Getting started with OFX requires a straightforward online registration process that includes identity verification to comply with international regulatory requirements. New users need to provide personal information and verify their identity using official documents such as a passport or driver's license.
The verification process is efficient and typically completed within a few hours to one business day. Once verified, users can immediately access competitive exchange rates and begin making fee-free transfers to over 190 countries.
OFX provides comprehensive onboarding with clear explanations of their services, transfer limits, and timing. The platform offers helpful guidance on optimizing transfers and understanding exchange rate movements.
New customers can start with smaller amounts to familiarize themselves with the platform, with dedicated customer support available 24/7 to assist throughout the process.
OFX provides exceptional 24/7 customer support through phone with dedicated specialists available around the clock. Their support team includes native speakers for key markets and specialized business support for corporate clients.
The company maintains an extensive help center with detailed guides, market insights, and comprehensive FAQs. The platform includes educational content about currency markets and international transfer regulations.
For complex transfers or urgent issues, OFX offers priority support with experienced specialists who can handle regulatory questions and provide guidance on optimizing transfer strategies.
OFX receives consistently positive reviews for its reliable service, competitive rates, and excellent customer support. Users appreciate the fee-free model and the significant savings compared to traditional banks.
The platform's straightforward approach and transparent pricing have earned strong customer loyalty. Users particularly value the 24/7 support availability and the expertise of customer service representatives.
Customers praise the consistent delivery times, competitive exchange rates, and the peace of mind that comes with using an established, regulated financial services provider with over 25 years of experience.
OFX has established itself as a premium international money transfer provider through its combination of fee-free transfers, competitive exchange rates, and exceptional customer service. With over 25 years of operation and $100+ billion in processed transfers, OFX represents reliability and trust in the global transfer market.
As a fully regulated financial services provider with comprehensive global coverage, OFX is particularly well-suited for users who value consistent service quality, competitive pricing, and reliable delivery times. Their commitment to customer service and transparent pricing makes them an excellent choice for both personal and business international transfers.
See what some customers are saying about OFX
Great • 15,800 Reviews
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Excellent service! No fees and great rates. Customer support is outstanding.
Been using OFX for years. Reliable, fast, and much better than banks.
Great rates and no transfer fees. Money arrives quickly every time.
Perfect for my business transfers. 24/7 support is incredibly helpful.
Fast transfers and competitive rates. The mobile app is very user-friendly.