OFX is a publicly listed international payment and banking specialist that help ecommerce businesses manage cross-border payments and save on currency conversion fees. OFX is a member of the Amazon payment service provider program and work with over 100 marketplaces and payment processors around the world.
OFX can help sellers protect their profits from global market fluctuations with proactive hedging solutions and 24/7 service.
- Forward Contracts: Lock in a great rate for up to 12 months
- Target Rate Transfers: Ensures clients never miss out on a target rate
The OFX Global Currency Account offers local currency accounts in today’s biggest e-commerce markets, so sellers can manage receivables and payables within a single dashboard. Local currency accounts are currently available in USD, EUR, AUD, HKD, SGD, CAD and GBP, with more on the way.
- Finance, Remittance/Settlement from Marketplaces and PSPs, Pay international Suppliers
- Account setup fee 0 EUR
- Monthly account fee 0 EUR
- Receiving fee 0 EUR
- Holding currency fee 0 EUR
- Exchange rate margin 0. 6% or less (for major currencies only)