25 Jul

OFX

OFX

URL: http://ofx.com

 

Description:

 

Founded in 2005, OFX is particularly appropriate for individuals who are looking to get started with small-scale online businesses. They offer specific services for Amazon Fulfilment, Landed Cost, E-commerce Solutions, Online Payment Solution, Payment Service Providers, International Online Retail Business, Selling on Amazon, Etsy and eBay.

 

It is one of the transfer companies to offer recurring transfers, the option to buy now but transfer later, to set your target rate, as well as forward exchange contracts and target rate orders.

 

Free to open an account? Yes

 

Payment structure: Commission.

 

Same Day Payments?

 

OFX offers same day payments for certain currencies only, but the clock starts ticking from the moment they receive the money.

 

Minimum Transfer Amount: £100, €100 or $100.

 

Special Features/Benefits: OFX lets you track your transfer online or via its app.

 

Accreditation:

 

US: FinCEN

 

US State-specific license info: Full listing here

 

Offices In: US, (San Francisco), Australia, Canada, Hong Kong, New Zealand, the UK and the USA.

 

Awards:

 

Deloitte awards every year from 2005-2011 (Fast 50, Fast 500 Asia Pacific).

 

BRW Fast 100, 2005

 

UK Trade & Investment International Business Awards Finalist, 2006

 

Recent Headlines:

 

CMO Innovation, June 2017: How and international money transfer business did a global rebrand,

 

marketwired.com, August 2016: US Small Businesses Planning for Global Expansion Finds New USForex Survey

 

Businesswire, May 2017: OFX debuts new currency calculator

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