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OFX (formerly OzForex)

Buyer-only Payment & Finance currency exchangebusinesstransfers

Quick facts

CategoryPayment & Finance
Pricing modelQuote-based
Best forBusiness currency transfers, supplier payments
PlatformWeb

Overview

OFX is a global money transfer service offering competitive exchange rates and low fees for international transfers. Popular among small and medium businesses for supplier payments.

Key features: Competitive rates; Forward contracts available and Dedicated support.

When to use OFX (formerly OzForex)

OFX (formerly OzForex) makes sense if you business currency transfers, supplier payments. It's a common pick in the Payment & Finance category for importers who need this kind of capability.

Pricing explained

Quote-based, depends on amount. For most importers, total cost depends on volume, service level and how much you negotiate. If you're comparing OFX (formerly OzForex) against alternatives, request quotes from all of them and compare on equivalent scope — not just list price.

Pros

  • Competitive rates
  • Forward contracts available
  • Dedicated support

Cons

  • Minimum transfer amounts
  • Account verification required

Frequently asked questions

How much does OFX (formerly OzForex) cost?

Quote-based, depends on amount

What is OFX (formerly OzForex) best for?

Business currency transfers, supplier payments

Does OFX (formerly OzForex) have an affiliate program?

As of our last check, OFX (formerly OzForex) does not appear to offer a public affiliate or referral program. You can still link out to the tool from your site, but no commission is tracked.

What are the main advantages of OFX (formerly OzForex)?

Competitive rates; Forward contracts available; Dedicated support.

How do I get started with OFX (formerly OzForex)?

Visit www.ofx.com and create an account. Most importers complete setup in under an hour. If the service requires a quote, expect a sales response within one business day.

Alternatives in Payment & Finance

If OFX (formerly OzForex) isn't the right fit, these cover similar needs.

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WorldFirst
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Airwallex
Global business account and payment platform
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