With OFX, there are no strict minimum or maximum limits for personal transfers. This makes it easy to send larger amounts for tuition, property, or business purposes. Additionally, OFX gives you fee-free transfers when you send more than AU$10,000 (or any foreign currency equivalent).
However, your local bank may require additional verification for certain larger amounts.
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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