Also make sure to compare the fees, … Customer Rates. Shame because they initially had great rates and site simple to use. Their exchange rates get even better the more you send, with margins as low as 0.4%. The customer rate is the rate you get. 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 is highly regulated and its 1 million customers now benefit from true 24/7 phone support. 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 . 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 provides international money transfer services to private clients and business customers. Skip to content. We do still take a small margin on your transfer above the current Market (Interbank) Rate. The logic here is simple: the more money you transfer, the better the exchange rate you’ll receive making OFX hard to beat. Get live exchange rates with our all-in-one currency converter, transfer money and track your transfers on the go with our mobile app. Does OFX have a mobile app? However, OFX quotes the market rate, not the rate you will get for your transfer. Check our exchange rates for customers. They also accommodate a "boutique" currency for the country we live in. Spot Exchange Rates. Recurring Transfers. 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 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. $15 fee for transfers under $10,000; Exchange rate margin; OFX exchange rates. These rates are applicable for individuals transferring funds via OFX. TrustPilot OFX customer reviews 89 percent of TrustPilot reviewers describe OFX as “Excellent” or “Great” . OFX is regulated in Australia by ASIC (AFS Licence number 226 484). OFX Exchange rates: OFX has among some of the best exchange rates in the market.Their exchange rates … How do I add a new currency to my profile? 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 doesn’t charge fees, instead it adds a margin to the mid-market rate. OFX is licensed as a Money Service Operator with the Customs and Excise Department Hong Kong license number 12 … What is the OFX Customer Rate? OFX’s exchange rates are usually 1.5% or less above the mid-market rate when you transfer funds. The customer rate is the rate you get. Once your target rate is triggered, OFX will contact you to complete your transfer. View up to date spot exchange rates and ... NOTICE TO CUSTOMERS (pursuant to s30 of the MCRBA): OFX is licensed under the Money-changing and Remittance Businesses Act (Cap. Saving money is an absolute bonus. Communication of each stage of the … Please read our Product Disclosure Statement and our Financial Services Guide. OFX is a international money transfer provider that was founded in Australia.