Yes, sending money with OFX is secure. The platform uses bank-level encryption, secure logins, and transaction monitoring to protect your funds and personal information. Additionally, OFX is a regulated financial institution, giving you peace of mind that your money is in safe hands.
Like all reputable money exchanges, we are registered with AUSTRAC and regulated by the Australian Securities and Investment Commission (ASIC).
S Money complies with the relevant laws pertaining to privacy, anti-money laundering and counter-terrorism finance. This means you are required to provide I.D. when you place an order. It also means the order must be paid for by the same person ordering the currency and you must show your identification again when receiving your order.
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