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Last Updated: 04/18/2025

OFX Money Transfers

Q: What fees and commissions does OFX charge?

OFX does not charge a flat processing fee.., There isn't a processing commission fee., and OFX does not charge a currency exchange fee. Instead, OFX makes a profit from the spread between the buy and sell price of the currency you purchase. Compare the exchange rates offered by money transfer... Learn More at SuperMoney.com

from OFX

Last Updated: 04/18/2025

Strongly recommended10 total votes

8 users recommend

1 users are unsure

1 users don't recommend

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Highlights

Community Rating

Strongly recommended

Minimum Transfer

$NaN

Transfer Speed (days)

Processing Fee Range ($)

N/A

Processing Commission

Starting at 0%

Number of Reviews

OFX Money Transfers Review

OFX is a money transfer service company based in San Francisco, CA. It was founded in 1998 and offers money transfers to over 200 countries.

OFX FAQ

What money transfer methods does OFX support?

OFX allows you to send money with the following receive options (options vary by receive country):

Bank accounts.

How much money can you send with OFX?

OFX does not have a minimum transfer amount.

The maximum amount you can send per transfer is $2,000,000,000 , but this may vary per country.

What fees and commissions does OFX charge?

OFX does not charge a flat processing fee..
There isn't a processing commission fee.
OFX does not charge a currency exchange fee. Instead, OFX makes a profit from the spread between the buy and sell price of the currency you purchase. Compare the exchange rates offered by money transfer services as well as fees when calculating the total cost of the transaction.

OFX Money Transfers Fees

Description

Processing Commission

Starting at 0%

OFX does not charge a fee to send money to Mexico. However, remember that money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. OFX does not charge a fee to send money to India. However, remember money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. OFX does not charge a fee to send money to the Philippines. However, remember money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction. OFX does not charge a fee to send money to China. However, money transfer companies usually make money on the exchange rate so check the rate you receive to calculate the overall cost of the transaction.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

49 Stevenson St 13th Floor

San Francisco, CA 94105

Visit Site

Email Support

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SuperMoney Net Recommendation Score

SuperMoney users strongly recommend this product, giving it a user recommendation score of +70, or 4.4 on a 5-point rating scale.

+70

-1000+100

No one recommends

Everyone recommends

The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

OFX Money Transfers Community Reviews

Would you recommend OFX Money Transfers to your friends?

Colin S.

Jan 24, 2023

May or may not recommend

I've been exchanging foreign currency for quite some time now and would definitely recommend OFX considering the low spread costs and easy to use platform. It has a relatively quick process to make bank transfers, but I would much rather send money via crypto or cashapp.

Rasheed M.

Nov 29, 2022

May or may not recommend

Recommending is an understatement, I strongly recommend OFX , it has easy process of sending money with or without bank account , minimum as low as $2 , fees and commission affordable and perfect. For me it's the leading Transfer firm , fast and secure for all transactions anytime , anyday.

Mazhar C.

Nov 25, 2022

May or may not recommend

FX Money Transfers is a leading provider of foreign currency exchange services. They offer a convenient online platform that makes it easy to send money overseas. They have a wide range of currencies available and offer competitive exchange rates. They also offer a range of convenient features such as the ability to track your transfer, set up recurring payments and schedule transfers in advance. Overall, OFX Money Transfers is a ...Show More

Shelby Z.

Sep 15, 2022

May or may not recommend

I used OFX for the first time today and so far it's been terrible. 2 day transfer time?! Never again.

Sachida J.

Jun 14, 2022

May or may not recommend

Robelys F.

May 22, 2022

May or may not recommend

Transfers from all around the work the best part are the fees you don’t pay a lot of money to send money

Wilifer R.

May 11, 2022

May or may not recommend

This review gonna be for the app only, NOT for the service. OFX service is quite excellent, but as for the app, well it's nearly perfect. First, it feels solid, secure and professional, like it should when dealing with a financial service. The secure fingerprint lock is great, the 2 step is as well but honestly, it's overkill to the point of annoying. If you simply jump to another app ...Show More

Ross F.

May 10, 2022

May or may not recommend

The registration process was quick, and the fact that they offer identity verification makes it feel safe. The transfers are also very fast and do not require a bank account so it is very user friendly.

Reigni D.

Apr 27, 2022

May or may not recommend

OFX has better exchange rates than the banks especially for larger transfers on top of very quick registration, set up process, and speedy transfers.

Heather D.

Mar 25, 2022

May or may not recommend

I recommend OFX for the simple sign up process, and identity verification for safety. With OFX you can transfer money to banks, and also allow personal money transfers without a bank account. Sending money internationally at it's simplest!

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