Accordingly, how do I transfer money from OFX?
It's really simple:
- Login to your OFX account & get a live exchange rate quote.
- Enter the recipient bank account details to book your money transfer.
- Send us the funds, relax and we'll deliver the funds to your nominated bank account as quickly as possible.
Similarly, is OFX safe to transfer money? OFX has been operating since 1988 and has transacted over $100 billion since then, making it one of the most experienced and largest foreign exchange businesses in the world. Overall, OFX is probably one of the most trustworthy companies in the foreign exchange and international payments business in the world.
In this regard, how long does OFX take to transfer funds?
Most other major currency transfers may arrive within 1-2 days (from the time OFX receives your funds). With most exotic currencies, this process may take anywhere from 3-5 days. While banks require that you submit your money transfer orders during their business hours, OFX operates 24 hours a day, 7 days a week.
What are OFX fees?
OFX charges a transfer fee of $15 (in some countries) for transactions under $10,000/approx. £5000. For transactions over that amount there is no fee. The exchange rate fee is 0.6% to 2.0% on a sliding scale as the amounts increase the percentage reduces.
