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OFX is a reliable money transfer provider and is among our top choices for making large transfers overseas. Typically they offer better rates than the Australian banks, but it's still worth keeping an eye out for promo codes to save more money. New discounts are sometimes provided to entice new customers.
OFX discount codes and coupons
Deal
Exclusive exchange rates for Finder readers + $0 fees
Visit the OFX site to see your savings. T&Cs apply.
OFX charges a flat fee of $15 for transfers under $10,000 but Finder readers can take advantage of discounted exchange rates. Click "Get deal" above to be taken to the OFX website to get started.
You'll need some information on hand including your name, address and phone number, your driver's licence details, occupation and how much you plan to transfer and the currency.
The next step is verification. An OFX representative will give you a call to confirm your details and complete KYC. With that done, you can begin your transfer. Double-check the details, apply your coupon code or check that the appropriate savings are included, then send your funds on their way.
There are a few common reasons why a transfer won't work. Check for the following:
Coupon expired. Has the coupon passed its expiry date?
Typos and other errors. Make sure you've copied the coupon details exactly as shown because they're often case-sensitive.
Terms and conditions. Does your discount come with restrictions? There could be additional limits, such as the transfer amount or currency.
Already used. If you've already redeemed the coupon it may not work again.
Which currencies and services does OFX support?
OFX only offers bank account transfers, but has a number of other features and services, including:
Limit orders. Set a desired exchange rate and if/when it's reached, OFX will initiate your transfer at the pre-agreed rate.
Forward contracts. Lock in the current exchange rate for a future transfer.
Personal money transfers. You can use OFX for everyday money transfer needs but the minimum transfer amount is $250.
Business transfers. OFX offers a range of business transfer features for paying overseas vendors or suppliers.
With OFX, you can transfer money to over 170 countries, including:
Our table below lets you compare services you can use to send money abroad. Compare fees, exchange rates and discounts from different money transfer services, and when you have made your choice, click Go to site.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Andrew Munro was the global cryptocurrency editor at Finder. During his time he covered all aspects of cryptocurrency and the blockchain. Before he became cryptocurrency editor, he was a content writer for Finder covering various topics over his nearly 5 years in the role. Prior to joining Finder he was a web copywriter. Andrew has a Bachelor of Arts from the University of New South Wales.
Are you due to receive a large sum of money from another country? Familiarise yourself with Australian laws and tax regulations regarding money transfers.
Minimum and maximum transaction limits can restrict your international money transfer options, so compare overseas transfer limits in this handy guide.
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