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OFX Review 2026 — Fees, Rates & Exchange Rate Margins

Built for large transfers: typically a $5–11 fee on ≈$1,000, with much tighter margins above $10,000.

2.35%
Typical FX margin (estimate)
$9.25
Typical flat fee, in USD (estimate)
—
Typical transfer fee (estimate)
8 of 18
Sending markets confirmed (how we check)
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Pros

  • ✅ Tighter margins on large transfers
  • ✅ Great for large amounts
  • ✅ 24/7 support
  • ✅ Forward contracts

Cons

  • ❌ Fee plus ~2.3% margin on ≈$1,000 transfers
  • ❌ No cash pickup
  • ❌ Minimum transfer amounts apply

Where you can send from with OFX

Confirmed: United States, United Kingdom, Euro area, Canada, Australia, Singapore, New Zealand, Hong Kong.

Not yet confirmed: United Arab Emirates, Saudi Arabia, Malaysia, Qatar, Kuwait, Oman, Bahrain, Switzerland, Japan, South Africa — we do not list OFX on corridor pages from these countries until we can verify it.

Based on the provider's own pages and live quotes, last reviewed 2026-10-17. Availability can differ by country within the euro area and changes over time — always check in the provider's app or site.

OFX performance on key corridors

Based on sending about USD 1,000 (in each sending currency), for the sample corridors OFX is confirmed to serve. "● Live quote" rows are real prices (Wise's quote API and Wise's public comparison data); "Typical fee (estimate)" rows are estimates and are not ranked. Figures are indicative — check live rates before sending.

CorridorRate after marginRecipient getsTotal costRankingData type
🇺🇸 USD → 🇮🇳 INR 92.0382 ₹91,577.97 3.87% #9 of 10 live ● Live quote · 2026-10-27
🇺🇸 USD → 🇵🇭 PHP 61.5312 ₱61,223.51 4.28% #7 of 8 live ● Live quote · 2026-10-27
🇬🇧 GBP → 🇮🇳 INR 122.93 ₹91,335.35 4.23% #13 of 17 live ● Live quote · 2026-10-27
🇪🇺 EUR → 🇵🇱 PLN 4.3211 zł3,802.52 3.01% #6 of 13 live ● Live quote · 2026-10-27

OFX fee breakdown

OFX has a flat fee of ~$9.25 per transfer, no percentage transfer fee, and an FX margin of 2.35% above the mid-market rate. Built for large transfers: typically a $5–11 fee on ≈$1,000, with much tighter margins above $10,000.

Basis of the figures above: Median of 82 real provider quotes via the Wise comparison feed, 2026-10-06, on ≈USD 1,000 (standard delivery, no promotions). Live per-corridor quotes, where available, are shown in the tables on each corridor page.

Transfer speed: 1 – 2 days. The FX margin of 2.35% is above average; offset by the extensive agent network and cash pickup availability.

Compare OFX vs others

Frequently asked questions

Is OFX safe and legitimate?

OFX is an established international money transfer service licensed and regulated in multiple jurisdictions. As with any financial service, always verify the provider holds a valid licence in your country before using it.

How much does OFX charge?

OFX charges a flat fee of approximately $9.25 per transfer, no transfer percentage fee, and an FX margin of 2.35% above the mid-market rate. Total cost varies by corridor and amount.

How fast is OFX?

OFX typically delivers in 1 – 2 days, depending on the corridor, delivery method and time of day.

How does OFX compare to Wise (TransferWise)?

Both are online money transfer services, but they differ in fee model and corridor coverage. See the head-to-head on the Wise (TransferWise) comparison page, or use the live comparator on FX Skipper for your specific route and amount.