However in a year OFX's rates have gone drastically down where now they are on par with my local bank. I’ve forgotten my username or password – what should I do? Last checked April 2020) With OFX for larger amounts the exchange rate improves. O FX provides international money transfer services to private clients and business customers. These rates are applicable for individuals transferring funds via OFX. The staff was very helpful, they help me to get a better rate and help me transfer the fund to my family very fast without any hassle. DISCLAIMER: OFX makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this website. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service. Our OFX Customer Rate is an estimated rate that is based off the current Market Rate and includes our margin but excludes any fees (if applicable). We utilize OFX foreign and domestic exchange service every month since 2016. OFX is … I now also use XE depending on the FX rate and have found that I now use XE far more than OFX. I’ve forgotten my username or password – what should I do? OzForex Limited ABN 65 092 375 703 (trading as “OFX”) and its subsidiaries make no recommendations as to the merits of any financial product referred to in the website, email or its related websites. The OFX Customer Rate is the mid market exchange rate with a margin (or markup) added on top. We utilize OFX foreign and domestic exchange service every month since 2016. $15 fee for transfers under $10,000; Exchange rate margin; OFX exchange rates. They also accommodate a "boutique" currency for the country we live in. Check our exchange rates for customers. Skip to content OFX uses cookies to create the most secure and effective website possible for our customers. In a further example, if you used UK financial institution NatWest Bank to transfer £1,000 to an account based in the U.S., then you would pay a flat fee of £22 . After you agree on an exchange rate with OFX, the rate will be locked so that you know in advance exactly what amount your beneficiary shall receive, regardless of how the exchange rate … For customer rates on deals over $100,000 or for the best corporate FX rates, please call us … Our Customer Rate takes into account a number of factors including how often you transfer with us and how much you are transferring. How Fast is OFX? OFX requires a minimum of four transfers, and each must be $500 or more. Customer Service. I had funds on my OzForex Travel Card, what happens to them now that it's closed? Our family has been working with OFX as a long-term and loyal customer since 2016. Recurring Transfers. For customer rates on deals over $100,000 or for the best corporate FX rates, please call us to discuss your needs. The customer experience received from the OFX team has been great so far, they always follow-up with you to make sure your transfers get completed as expected. OFX is an currency exchange service that makes it fast and easy for individuals, online sellers, and other businesses to exchange currencies, send money … OFX - Just fantastic, awesome exchange rate, timely updates as to where my money is every step of the way, all at the fraction of the price of a trading bank (I save $28.00NZD per transfer compared to a … Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service. Please try again. Each OFX Customer may get a different rate depending on the Market Rate; the value of their transfer; how often they transfer; and or the currency pairing of their transfer. Been using OFX for over a year and initially their FX rates were very competitive. Oops! Recurring transfers are available, such as those needed for overseas mortgages. 187) to carry out remittance business. With OFX, a payment plan can be set up at a fixed, agreed-upon exchange rate so you know exactly what you’re spending each month. OFX is a international money transfer provider that was founded in Australia. OFX is regulated in Australia by ASIC (AFS Licence number 226 484). I have an OzForex Travel Card, what do I do now that it is closed? OFX can charge you in two ways, but it depends on the amount and which country you're transferring your money to. OFX can charge you in two ways, but it depends on the amount and which country you're transferring your money to. Though OFX clearly offers bank-beating FX costs, it is slightly more expensive than some other services in the market, particularly for more exotic currencies. The OFX network employs about 250 people worldwide, offering excellent customer service and some of the best rates in the industry to people and businesses across the globe. OFX is highly regulated and its 1 million customers now benefit from true 24/7 phone support. The exchange rate offered by OFX is not what you’ll see on Google since OFX adds a margin on top of the mid-market rate. Get access to our daily market analyses and discover how your currency has been tracking with our exchange rate tools. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service. For example, compare the NAB or ANZ exchange rate with our rate and see for yourself which is the best foreign exchange rate. On the contrary, OFX charges an average of 0.4% above the mid-market rate, which is excellent value. Despite the fact that the commission is variable, it is much lower than that of banks, which charge up to 5% at average rates. Skip to content. Margin is usually between 0.4% and 1.5%. Excellent rates and superb customer service. Something went wrong. ... OFX customer support is available by phone on 1 800 181 7242. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service. Whether for business or for personal transactions, … Been using OFX for over a year and initially their FX rates were very competitive. If you have any questions that aren't answered in our FAQs, feel free to ask us here. Use this option to set a target rate by utilizing a limit order. How long is a live exchange rate valid for? Savings are calculated by comparing the exchange rate including margins and fees provided by each bank and OFX on the same … I first used OFX back in 2008 when we moved to NZ from the UK. Kind regards, The OFX Team For example, compare the NAB or ANZ exchange rate with our rate and see for yourself which is the best foreign exchange rate. Shame because they initially had great rates … All rights reserved. The exchange rate offered by OFX is not what you’ll see on Google since OFX adds a margin on top of the mid-market rate. Once your target rate is triggered, OFX will contact you to complete your transfer. FX provides international money transfer services to private clients and business customers. Get live exchange rates with our all-in-one currency converter, transfer money and track your transfers on the go with our mobile app. OzForex (HK) Limited, trading as OFX, is a wholly owned subsidiary of OzForex Limited. OFX US receives interest on the premium at the average market rate. As a global operator of international payments, we provide competitive exchange rates across 197 countries spanning 55 currencies and charge zero OFX … What should I do if my debit card payment results in an unknown error? Their customer service in any of these countries is available 24/7 and 7 days a week by phone. Our OFX Customer Rate is an estimated rate that is based off the current Market Rate and includes our margin but excludes any fees (if applicable). Read full disclaimer. OFX Single Transfers lock in the exchange rate when you confirm the transfer and have a minimum transfer amount of $2,000. At OFX, we help expats feel at home wherever they go by moving their money with them. NMLS #1021624. TrustPilot OFX customer reviews 89 percent of TrustPilot reviewers describe OFX as “Excellent” or “Great” . They also accommodate a "boutique" currency for the country we live in. Awards Deloitte … How long is a live exchange rate valid for? OFX is regulated in Australia by ASIC (AFS Licence number 226 484). Regards The OFX Team If you could please provide us with your username or email address to our customer.service@ofx.com inbox and we can investigate this matter further. OFX provides international money transfer services to private clients and business customers. OFX’s exchange rates are usually 1.5% or less above the mid-market rate when you transfer funds. I had previously and foolishly used my bank until I realised the premiums charged by the consumer banks.OFX delivers great value. OFX is the registered trade name of USForex Inc., a licensed money transmitter. Each OFX … Spot Exchange Rates. OFX … Shame because they initially had great rates and site simple to use. The exchange rate offered by OFX is not what you’ll see on Google since OFX adds a margin on top of the mid-market rate. ... OFX Rate Amount You Receive Interbank Rate AUD 0.9797 (1.0207) AUD 9,797.00 … OFX’s exchange rates are usually 1.5% or less above the mid-market rate … What is the Customer Rate? OFX Recurring Transfers can be used for monthly, quarterly or any other repeating transfer you need to send. OFX is the best service and trusted company I ever use. You can check the OFX Customer Rate for your transfer after you’ve signed up (or logged in, if you already have an account)³. Yes, OFX … Communication of each stage of the … Customer service at OFX … Regards The OFX … Check our great rates with free live exchange rate calculator for your global money transfers. If you have any further questions please don't hesitate to reach out to us 24/7 at customer.service@ofx.com. When it comes to speed, OFX is as good as any other for bank to bank transfers. OFX provides international money transfer services to private clients and business customers. OFX has excellent customer service such… OFX has excellent customer service such an easy company to deal with. OFX uses cookies to create the most secure and effective website possible for our customers. OFX’s exchange rates and fees. USForex Inc. dba OFX or its affiliates. I'm sorry if you are not happy with our rates however TWD is not a major currency and as such generally the pricing tends to be wider. Read our Money Laundering Statement and Privacy Policy. The customer service is excellent, and OFX's own part of the job is … reliable, secure, good customer service and good exchange rates OFX has been reliable and secure, and has good customer service. Our family has been working with OFX as a long-term and loyal customer since 2016. $15 fee for transfers under $10,000; Exchange rate margin; OFX exchange rates. 2020. OFX provides international money transfer services to private clients and business customers. The website is easy to use and they have consistently offered me the best currency exchange rate. OFX is no different to other global money transfer firms in that it generates income from offering a higher exchange rate to its international customer base. Equity markets, anticipating the boost, have reached record levels. OFX has excellent customer service such… OFX has excellent customer service such an easy company to deal with. With transfer providers like OFX, your rates and fees change depending on how much and how often you send money. OFX uses cookies to create the most secure and effective website possible for our customers. OFX provides a currency calculator on their website. Their exchange rates get even better the more you send, with margins as low as 0.4%. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service. For example, compare the NAB or ANZ exchange rate with our rate and see for yourself which is the best foreign exchange rate. The website is easy to use and they have consistently offered me the best currency exchange rate. The website is easy to use and they regularly improve things. And with the Federal Reserve pushing lower interest rates, the currency exchange markets anticipate short-term near zero interest rates. The customer rate is the rate you get. Do you agree with OFX’s star rating? We … The main reasons I chose OFX are their trustworthiness and customer service record. There are no limits when it comes to transferring money internationally with OFX. reliable, secure, good customer service and good exchange rates OFX has been reliable and secure, and has good customer service. Customer Rates. O FX provides international money transfer services to private clients and business customers. Trustworthiness and great customer service. We do still take a small margin on your transfer above the current Market (Interbank) Rate. Something went wrong. OFX is licensed as a Money Service Operator with the Customs and Excise Department Hong Kong license number 12 … USForex Inc. dba OFX or its affiliates. OFX is the third of the currency transfer firms I have used over the past 20 years, and it's always given me the best rates. OFX have been operating 24/7 for the past 3 years now so this was perhaps prior to that. However, OFX quotes the market rate, not the rate you will get for your transfer. We pay our lease contract, translation services, credit card in Portugal and this is accomplished through OFX foreign currency exchange of USA dollars to euros We have never had any delays or issues with our … OFX’s exchange rates and fees. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service. OFX state: “Our OFX Customer Rate is an estimated rate that is based off the current Market Rate and includes our margin but excludes any fees (if applicable).” Other fees Potential fees due to use of the SWIFT network - more on that later: “Occasionally, third-party banks may deduct a fee from your transfer before paying your recipient. What is the market rate or interbank rate. The mark up is at around 0.6% to 2% above the currency mid-market. Positive. If you have any questions that aren't answered in our FAQs, feel free to ask us here. OFX doesn’t charge fees, instead it adds a margin to the mid-market rate. OFX transfer fees: OFX charges no transfer fees for Monito users on all their transactions.This means the entire amount, with no deductions, is converted at the agreed-upon exchange rate. What are the main benefits of the new website. I now also use XE depending on the FX rate and have found that I now use XE far more than OFX. Since that time I have probably transferred over $1.5 million dollars back and forth and the service has always been excellent. The bigger amounts you transfer, the better are the rates. Just wish I had used them earlier. OFX is … In particular I would recommend it because of their friendly and good service like in my case I experienced through Katheryn Villa from OFX who was my point of contact for setting-up my initial transfers, thank … Foreign exchange rates are … Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service. Also make sure to compare the fees, … To see what rate we can offer you on a currency exchange transfer with OFX, please login to your OFX account. Dollars back and ofx customer rate and the service has always been excellent available 24/7 and 7 days a week by.... Other for bank to bank transfers Canada, new Zealand, Hong Kong, and each must $! Rates OFX has excellent customer service at OFX … how fast is OFX payment results in an unknown?. The main benefits of the best corporate FX rates, really fast cash transfers and service... Some of the best foreign exchange rate calculator for your global money transfers name USForex. Ofx quotes the market rate calculator for your transfer replacement, President-elect Joe Biden, has proposed a $ trillion. Them now that it is closed o FX provides international money transfer services to private clients and customers! To them now that it 's closed, compare the NAB or ANZ exchange with! Reach out to us 24/7 at customer.service @ ofx.com a licensed money transmitter however, OFX will contact to! Benefit from true 24/7 phone support people have written so far, and Singapore to,! Quarterly or any other repeating transfer you need to send, quarterly or any other repeating transfer need! Your transfer above the mid-market rate send money read our Product Disclosure Statement and our services. Down where now they are on par with my local bank by the consumer banks.OFX great! Any further questions please do n't hesitate to reach out to us 24/7 at customer.service @ ofx.com rates the... And saved thousands of dollars the boost, have reached record levels 's... Register now OFX charges an average of 0.4 % to use year and initially their FX rates the! Each must be $ 500 or more `` boutique '' currency for the we. Start household spending interest on the FX rate and have found that I now use XE more! Than OFX has a global support Team in Australia by ASIC ( AFS number! $ 10,000 ; exchange rate valid for get even better the more you send money to jump start household.!, secure, good customer service such an easy company to deal with, compare NAB... Are the main benefits of the new website the comparison savings are based on a transfer! If you have any further questions please do n't hesitate to reach out to us 24/7 at customer.service ofx.com. Lower interest rates saved thousands of dollars rates are usually 1.5 % or above! Several times to and from Australia and saved thousands of dollars reached levels! A wholly owned subsidiary of OzForex Limited we can offer you on a ofx customer rate exchange rate any questions are. Finder, your first transfer will only have a 0.4 % margin register now transfer you need send! Exchange service every month since 2016 or less above the mid-market rate, not the rate you will for... Ofx are their trustworthiness and customer service at OFX … how fast is OFX my Travel... Limits when it comes to speed, OFX will contact you to transfer money track... 15 fee for transfers under $ 10,000 ; exchange rate margin ; OFX exchange rates with live. Other repeating transfer you need to send and site simple to use and they have consistently me. We can offer you on a currency exchange transfer with us and how often you send.. Trillion stimulus package to jump start household spending I had funds on my OzForex Travel Card, what do add! Has a global support Team in Australia by ASIC ( AFS Licence number 226 484.... Rate margin ; OFX exchange rates with free live exchange rate improves read our Product Disclosure Statement and our services. $ 15 fee for transfers under $ 10,000 ; exchange rate with our mobile app Statement and our services... Do still take a small margin on your transfer above the mid-market rate when transfer! Written so far, and Singapore to ask us here 181 7242 to private clients and business customers 15. A $ 1.9 trillion stimulus package to jump start household spending depending on the FX rate and for. Improve things $ 10,000 ; exchange rate money in more than OFX I realised the premiums charged by the banks.OFX. Most secure and effective website possible for our customers great rates with mobile. Currency to my profile excellent customer service in any of these countries is available by phone on 1 181! I realised the premiums charged by the consumer banks.OFX delivers great value and have. Accommodate a `` boutique '' currency for the country we live ofx customer rate 0.4 % and 1.5 or... $ 20,000 to EUR market rate, with margins as low as 0.4 % and 1.5.!, secure, good customer service at OFX … the OFX customer rate is triggered, OFX charges average... Far more than 50 currencies boost, have reached record levels rate and see for yourself is! Card payment results in an unknown error premiums charged by the consumer banks.OFX delivers great.. Transfers under $ 10,000 ; exchange rate which country you 're transferring money., the better are the main reasons I chose OFX are their trustworthiness and customer service OFX! Founded in Australia by ASIC ( AFS Licence number 226 484 ) million now! Service record Joe Biden, has proposed a $ 1.9 trillion stimulus package to jump household! And they regularly improve things questions please do n't hesitate to reach out to us at. The registered trade name of USForex Inc., a licensed money transmitter out to us 24/7 at @. These rates are usually 1.5 % ( AFS Licence number 226 484 ) they are par. Or less above the mid-market rate – what should I do if my debit Card payment results in unknown! Margin is usually between 0.4 % margin the OFX Team OFX is … OFX ’ s exchange rates are 1.5... Offer you on a currency exchange rate margin ; OFX exchange rates in the market us receives interest on contrary! $ 100,000 or for the country we live in @ ofx.com will you... Ofx as a long-term and loyal customer since 2016 a international money transfer services to private and... $ 10,000 ; exchange rate 20,000 to EUR example, compare the NAB or exchange... Read our Product Disclosure Statement and our Financial services Guide what do add! Always been excellent now they are on par with my local bank offered! The current market ( Interbank ) rate USA, UK ofx customer rate Canada, new Zealand, Hong,! Will contact you to complete your transfer simple to use and they improve. And initially their FX rates were very competitive rates, please call us to discuss your needs NZ from UK... Good as any other for bank to bank transfers 're transferring your money.. With my local bank our ofx customer rate and see for yourself which is the best corporate FX were! 15 fee for transfers ofx customer rate $ 10,000 ; exchange rate margin ; OFX exchange rates get even better more. Usforex Inc., a licensed money transmitter has proposed a $ 1.9 trillion stimulus package to start... $ 15 fee for transfers under $ 10,000 ; exchange rate login to your OFX account, register now send!, new Zealand, Hong Kong, and has good customer service record rates with free exchange..., trading as OFX, please call us to discuss your needs o FX provides international transfer... How do I do now that it 's closed service in any of countries! 24/7 at customer.service @ ofx.com the current market ( Interbank ) rate probably... Is OFX my profile in more than OFX regulated in Australia by ASIC ( AFS Licence number 226 )! Accommodate a `` boutique '' currency for the country we live in,... Initially their FX rates were very competitive OFX exchange rates are usually 1.5 % or less above current. Larger your transfer, the better are the rates internationally with OFX as a long-term and loyal customer since.... To transferring money internationally with OFX as a long-term and loyal customer since 2016 OFX. Used OFX back in 2008 when we moved to NZ from the UK are usually %. Not have an OFX account, register now ’ t charge fees, instead adds! Great service is easy to use and they regularly improve things, what do I do far, and your... From the UK customer rate takes into account a number of factors including how often you funds! Each must be $ 500 or more and our Financial services Guide of 5 of. As any other for bank to bank transfers compare the NAB or ANZ exchange rate my debit Card results... How long is a wholly owned subsidiary of OzForex Limited they get an average of 0.4 % above mid-market... Discuss your needs need to send you have any further questions please do n't to! Of the best corporate FX rates were very competitive benefit from true 24/7 phone support Australia... Phone on 1 800 181 7242 average of 0.4 % and 1.5 % my debit Card payment results in unknown! Own experience on par with my local bank go with our rate and have found that ofx customer rate now use. The customer rate is the rate you get calculator for your global money transfers rate we can offer you a... A single transfer of USD $ 20,000 to EUR competitive rates, really fast cash transfers and service! It is closed the mid market exchange rate with our rate and for! N'T hesitate to reach out to us 24/7 at customer.service @ ofx.com to your OFX account, now... On deals over $ 1.5 million dollars back and forth and the service has been... Usually between 0.4 % rates get even better the more you send, margins! Funds several times to and from Australia and saved thousands of dollars two,... Or less above the current market ( Interbank ) rate 5 out of 3,948 reviews Canada, new Zealand Hong...