OFX

OFX is a foreign exchange and international payments business whose UK operations run through UKForex Limited, a company authorised by the Financial Conduct Authority as an electronic money institution (FRN 902028, company number 04631395). The group parent is OFX / OzForex Limited, and the registered office is in London.

Business account

OFX offers a multi-currency business account for receiving, holding and spending funds in more than 30 currencies, according to the company. The account sits alongside international and batch payments, corporate Visa cards, spend management and integrations with Xero and QuickBooks.

FX products

The company lists delivered currency conversion, international business transfers, forwards and foreign currency accounts. The customer groups named are companies and private individuals, while the card and spend tools belong to the business product.

Who it suits

Importers, exporters and other firms with regular payments abroad can use one account to pay in several currencies. Rates, fees, limits and the full currency list are not given in full and should be confirmed with OFX. The website is published in British English.