Home โ€บ Providers โ€บ Wise (TransferWise) vs OFX

Wise (TransferWise) vs OFX โ€” Which is cheaper in 2026?

Which is better for large international transfers?

๐Ÿ’ก Affiliate disclosure: Links to providers may be affiliate links. Rankings are always by net amount received, never by commission.

Wise (TransferWise)

FX margin 0% 2.35%
Flat fee $1.00 $9.25
Transfer fee 0.75% None
Speed Instant โ€“ 2 days 1 โ€“ 2 days
Sending markets confirmed 12 of 18 8 of 18
Send with Wise โ†’
VS

OFX

2.35%

Built for large transfers: typically a $5โ€“11 fee on โ‰ˆ$1,000, with much tighter margins above $10,000.

Send with OFX โ†’

Head-to-head: what the recipient gets on about USD 1,000

CorridorWise (TransferWise)OFXWinner & saving
๐Ÿ‡บ๐Ÿ‡ธ USD โ†’ ๐Ÿ‡ฎ๐Ÿ‡ณ INR โ‚น94,102.14 โ— Live quote โ‚น91,577.97 โ— Live quote Wise (TransferWise) +โ‚น2,524.17
๐Ÿ‡บ๐Ÿ‡ธ USD โ†’ ๐Ÿ‡ต๐Ÿ‡ญ PHP โ‚ฑ63,237.40 โ— Live quote โ‚ฑ61,223.51 โ— Live quote Wise (TransferWise) +โ‚ฑ2,013.89
๐Ÿ‡ฌ๐Ÿ‡ง GBP โ†’ ๐Ÿ‡ฎ๐Ÿ‡ณ INR โ‚น94,639.37 โ— Live quote โ‚น91,335.35 โ— Live quote Wise (TransferWise) +โ‚น3,304.02
๐Ÿ‡ช๐Ÿ‡บ EUR โ†’ ๐Ÿ‡ต๐Ÿ‡ฑ PLN zล‚3,895.65 โ— Live quote zล‚3,802.52 โ— Live quote Wise (TransferWise) +zล‚93.13

Green = higher net amount, shown only where both providers have a fresh real quote (โ— Live quote, collected in the daily update as of 2026-10-27); "Typical fee (estimate)" figures never win a comparison. Only corridors that both providers are confirmed to serve are shown. Check live rates โ†’

๐Ÿ† On live quotes, Wise (TransferWise) wins 4โ€“0 of 4 compared corridors

Based on real quotes for about USD 1,000 transfers. Results depend on corridor, amount and delivery method โ€” use the live comparator for your specific transfer.

Frequently asked questions

Is Wise (TransferWise) or OFX cheaper?

Wise (TransferWise) is cheaper on most of the corridors tested (4โ€“0), but results vary by route and amount. Use the FX Skipper live comparator for your specific transfer.

What is the FX margin of Wise (TransferWise) vs OFX?

Wise (TransferWise) charges an FX margin of 0% above the mid-market rate. OFX charges 2.35%. The lower the margin, the more your recipient receives. These are typical-fee estimates; see the methodology for how they are used.