OFX grew from the idea that there had to be a better, fairer way to move money around the world. That was 20 years ago, and we’re still driven by the same mission today.
So, what do we mean by "bank-beating rates"?
We take a fair approach to prices and work with an independent third party to review bank rates across multiple countries, and in multiple currencies. To make sure our prices are bank-beating, they conduct a monthly price comparison of OFX and 15 banking institutions across the globe.
Which banks are OFX rates compared with?
Australia - ANZ, CBA, NAB & Westpac
USA - Bank of America, Citi Bank, JPMorgan Chase, Wells Fargo.
Canada - CIBC, HSBC, TD, Scotiabank
UK - Barclays Bank, Lloyds Bank, HSBC, Royal Bank of Scotland/Natwest.
NOTE: OFX can do transactions to and from all US states except Nevada.
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