A great rate isn’t the only reason to use OFX. But it’s a good start.
AUD
USD
SGD
GBP
NZD
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Terms and Conditions: The introductory rate is available to: (i) new personal customers who register under OzForex when making their first transfer; and (ii) AU personal customers who have registered from 1 April 2021, and have not dealt. The introductory rate is for first spot transfers only and not for subsequent transfers. Eligible sell and buy currencies include AUD, USD, SGD, GBP, NZD, EUR, CAD. Offer not available in conjunction with any other offers or to customers on a pre-arranged fixed customer rate. OFX reserves the right to withdraw the offer at any time. All transactions are governed by OFX Terms and Conditions which includes information in relation to Margin which is how we make our money.
OFX helps you transfer money so you can…
Click here to see other examples of how we can help with other reasons to transfer.
What could you save using OFX vs. Bank?
Transfer AU$20k to USD and you could get up to US$462 more
| Company | $20k AUD to USD = | $ difference |
|---|---|---|
 | $12,972 | $462 extra |
| CBA | $12,510 | $462 less |
| Westpac | $12,536 | $436 less |
| ANZ | $12,598 | $374 less |
| NAB | $12,699 | $273 less |
Price comparison of OFX and 4 banks in Australia
The comparison savings are based on a single transfer of AUD$20,000 to USD. Savings are calculated by comparing the exchange rate including margins and fees provided by each bank and OFX on the same day (1 Sept 2024). Pricing data is provided by an independent third party, FXC Intelligence Ltd. The comparison savings provided is true only for the example given and may not include all fees and charges. Different currency exchange amounts, currency types, dates, times and other individual factors will result in different comparison savings. These results therefore may not be indicative of actual savings and should be used only as a guide. The rate comparison chart is updated monthly.
See why people and businesses around the world choose OFX
Don’t take our word for it, read stories from our clients who’ve shared their experiences of using OFX.
Ready to make your first transfer? Create your free account now.
Global money transfers made easy
Sending money? We offer different transfer types so you can set recurring payments, lock in a rate or wait for your ideal rates.
Get greater control of your business finances
Running a local or global business? We can help too. See how you can simplify your spend management, streamline approvals and automate payments – all in one platform.
How to get started
Create your OFX account
Start your registration online or via the OFX app. We’ll ask for some personal information including your contact details, nationality and driver’s license number (optional).
Verify your identity
Verification helps keep our platform safe, so we’ll check your details to ensure everything matches up. We may ask you to upload documents including proof of identity and proof of address.
Finally, expect a call from one of our OFXperts for final verification and to get you ready for your first transfer.
Enter your transfer details
Tell us the amount you want to send or the amount that you want the recipient to receive. See your customer rate.
Next, add your recipient and their account details and choose your payment option.
If everything looks correct, press confirm to lock in your transfer.
Send funds for your transfer
Depending on the currency you’re sending, you’ll have different payment methods to choose from. For most currencies you can simply send the funds via bank transfer or Bpay.
Track your transfer
We will send you email notifications when we receive funds and pay out your transfer to your recipient. You can also opt in for SMS updates or even track your transfer by logging in online or on the app and selecting ‘transfers’ on your home screen.
Ready to get started? Or have a question?
You can call or email us, anytime. With offices in 9 countries, there’s always an OFXpert to help you when you need, 24/7.
