OFX charges a market rate, plus a small markup. This market rate is essentially a ‘wholesale’ rate that’s available only to large financial institutions or those who purchase large volumes of currency like OFX. To calculate the cost to send money to Japan, use OFX’s transfer rate calculator.
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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