With OFX, there are no strict minimum or maximum limits for personal transfers, although the banks may double-check certain larger amounts. This flexibility makes it easy to send anything from a few hundred dollars for personal expenses to tens of thousands for tuition, property, or business purposes.
The best way depends on your priorities. If cost is the main concern, bank transfers are ideal. If speed is essential, credit or debit cards can provide faster delivery times. OFX combines competitive exchange rates with secure, reliable transfers, ensuring your money reaches the recipient safely and efficiently, regardless of the method you choose.
Transfers using credit or debit cards tend to be the fastest delivery method for sending money, often arriving at your destination within one business day, compared to bank transfers.
Delivery speeds from Australia to China using OFX take between one and two business days, depending on the currency, transfer method, and recipient bank. Large transfers may require additional verification, which could add a little extra time, but OFX keeps you informed throughout the process.
Yes, money transfer to China with OFX is a highly secure process. 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 funds are in safe hands.
You’ll need your recipient’s Bank Code (BIC/SWIFT) and the recipient’s local bank account number. OFX does not need your recipient’s mobile phone number or email address.