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Informr score
OFX currently has an Informr score of 8.2 out of 10. This score is based on our evaluation of 18 sources including reviews from users and the web's most trusted critics.

What the Critics Are Saying...


OFX is an established and trustworthy payment service. Many financial security boards regulate the service, which means it has to follow legitimate legislation and rules. The extra fees are incredibly low, if not non-existent. These are much lower than you may find with your generic banks and other...

- Matt Woodley, MoverFocus

OFX offers transfers at a lower cost than a bank, with money orders over £3,000 fee-free. It has three options for personal money transfers, providing customers the ability to tailor the timing and secure the currency rate that they prefer. If the customer needs to send money overseas immediately, t...

- Daniel Webber,

For personal transfers, if you're looking for a money transfer service with an easy-to-understand fee structure and competitive exchange rates, OFX may not be your cheapest option but it's one of the simplest. Businesses with overseas suppliers, employees and customers will find that OFX offers lots...

- Yvonne Taylor, Finty

OFX is a global provider of bank-to-bank foreign currency transfers. It enables individuals and businesses to transfer money to foreign bank accounts quickly and easily and at much cheaper rates than those imposed by the banks. OFX imposes no transfer limits and no transfer fees. It collects only ar...

- BestMoney
Money We Have

My OFX review is positive. Although it may take a few days to transfer your money, OFX has some of the lowest costs compared to other money transfer providers. If you’re looking for the cheapest option possible when exchanging money, you could use Norbert’s Gambit, but that’s really only good if you...

- Barry Choi, Money We Have


Headquarters New South Wales, Australia
# of Supported Recipient Countries 190
# of Supported Sender Currencies 55
Supported sender currency -
Minimum Transfer Amount 150
Daily Transfer Limit No
Minimum Fee $15
Time to Open an Account 4 days
Documents Required Identification, Proof of address
Transfer Time (Minimum) 1 day
Wire Type ACH Transfer, Wire Transfer
Exchange Rate Type Live exchange rate
Payment Option Credit Card, Bank Transfer
Mobile App Android, iOS
SMS Notifications Yes
Email Updates Yes
Customer Support
Telephone Support


Email Support
Live Chat Support No

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