OFX (company)

OzForex Limited ABN 65 (trading as “OFX”) and its subsidiaries make no recommendations as to the merits of any financial product referred to in the website, email or its related websites.

But what is the point of having a travel card at all? Limit Orders Cela vous permet de laisser OFX acheter et vendre une devise, pour une autre à un taux qui est meilleur que le taux actuel.

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OFX, previously known as OzForex is an Australian online foreign exchange and payments company with headquarters in Sydney. The company provides money transfer services to Travelex, MoneyGram, Xero, ING Direct, and Macquarie International Money Transfers as well as individuals such as migrants and expatriates and small businesses.

Track your transfer online or with our mobile app. This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person. OFX makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this website. O FX provides international money transfer services to private clients and business customers.

Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service. Quoted savings are not indicative of future savings.

OFX uses cookies to create the most secure and effective website possible for our customers. From Wikipedia, the free encyclopedia. This article has multiple issues. Please help improve it or discuss these issues on the talk page.

Learn how and when to remove these template messages. A major contributor to this article appears to have a close connection with its subject.

It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. Please discuss further on the talk page. December Learn how and when to remove this template message. This article contains content that is written like an advertisement. Please help improve it by removing promotional content and inappropriate external links , and by adding encyclopedic content written from a neutral point of view. However, you don't get the credit card provided rate, and there are often additional fees to withdraw your money, top-up, or use your card in your home country, or even to leave a card unused.

Cash exchange operates in a competitive market of quite complex fees and commissions. In your case you've had a go at the Ozforex card, but from the information you've supplied it is certainly no worse than any other cards in the "prepaid travel money" category, in fact from what you have said it may well be better. Our staff may also remove posts that do not follow our posting guidelines, and we reserve the right to remove any post for any reason.

Thanks for being a part of the TripAdvisor travel community! This is Sandra from the OzForex team. As stated above there is a difference between mid-market rates and customer rates. The mid-market rates are neither "buy" rates nor "sell" rates. They are derived from mid-point between the buy and sell rates of large-value transactions in the global currency markets. The buy or sell rate you would receive from OzForex would be close to the mid-market rate but would include our margin.

It is industry standard to display mid-market rates and customer rates separately. In the Travel Card section on our website you can find a page that discloses our Travel Card exchange rates and offers full rate transparency prior to application. Once the card has been loaded with funds and you are converting your currency of choice online, the rate is displayed first allowing you to view the exact rate and the guaranteed amount you will receive before finalising the conversion.

Regarding our Travel Card pricing, we have positioned ourselves in the market to be in line with our competitors. Our most recent comparison of our competitor rates for Prepaid Travel Cards indicated the OzForex rates to be slightly lower on the majority of currency pairs.

A wider margin is applied compared to our online transfers business due to the extra expenses incurred in the production, processing and convenience of having a Travel Card that allows you to use it globally. We suggest customers not only compare the Travel Card exchange rate but also consider that we do not charge a reload fee and are the only Australian provider who does not.

I hope this assists in understanding our pricing for the Travel Card. We understand it can be difficult when comparing to other travel money options Cash, Credit Card etc. But what is the point of having a travel card at all? Any bank will issue a Visa or Mastercard debit card that can be used globally. Most charge an international withdrawal fee, but Citibank has an account which does not charge these fees. That's a good question.

We see two advantages and these apply to Travel Cards in general, not just ours: You can lock in the exchange rate and 2.