XE Currency Converter
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Send money overseas with ease and use our special "limit orders" to get the best exchange rates. Save a great exchange rate for the future and protect yourself from forex instability. If you make transactions invloving foreign currency, you will save money by using USForex. We offer better exchange rates and low or often no fees. Integrated and custom solutions for your business. Book and track your international money transfers all from the palm of your hand!
Free online currency conversion for over 50 currencies. Compare up to five pairs of currency exchange rates. Get free charts, news and commentary.
Check out seasonal patterns, long term charts, raw data, period average exchange rates and much more. View up to date spot exchange rates and charts for major currency pairs. Get daily, in-depth currency analysis from our senior dealers. Weekly currency news recap and outlook on the week ahead. Real-time economic calendar with upcoming events and data releases that can influence currency markets.
The election may result in major volatility for the US dollar. Take steps currency converter usforex foreign exchange rate stay in control of your money. Guide on how long your funds will take to arrive when using USForex. Secure online platform using minimum bit SSL certificates to encrypt traffic and Thawte online security and protection.
Check our supported currencies list for the currency you need. Watch this short video and see how easy it is to send money overseas. Detailed info about our regulatory and legal environment. Add a profitable revenue stream to your website or business by partnering with us.
Thousands of websites are already doing it. Have your questions answered in our FAQ section. Visit our Media Center to read published articles and press releases. The most compelling reason is a better exchange rate. For private client transfers we regularly save customers thousands of dollars, and for bigger transfers, the savings can run into the tens of thousands. Why are the bank rates so bad? You would have to ask them. We also offer superb hour dedicated dealer service, great technology, and in most cases can enable customers to deal in less than 10 minutes.
For corporate customers we offer better rates and fee free dealing, and you also have proven expertise at your disposal to help you manage your foreign exchange risk. Another key difference is that OFX offers forward contracts so you can lock in exchange rates prior to the transfer of funds. OFX also offers limit orders to private and corporate customers so you can take advantage of favourable market movements even when you sleep.
USForex is part of the OzForex Group, a global provider of online international payment services for consumer and business clients. Since its launch inthe Group has grown to be one of the world's largest foreign exchange companies. OFX holds client funds in accounts with highly rated financial institutions. In addition, OFX operates an extremely low risk business model whereby OFX never pays out client funds prior to receipt of the currency the client has sold to us.
This ensures OFX has zero default risk from client dealings. Australian regulations require licensed foreign exchange dealers to meet strict capital requirements and employ currency converter usforex foreign exchange rate range of internal procedures including risk management, staff training, accounting and audit. These requirements were introduced in to enhance consumer protection.
Simply register no cost or obligation with us via the website for immediate access to the dealing system. After you register, an OFX dealer will call you unless you call us first to discuss your transfer and make sure the system is set up correctly for your needs.
This is also a great time to ask any questions you may have about currency converter usforex foreign exchange rate service. In many cases we will be able to electronically identify you, so there is no need to send us forms or identification.
If we cannot complete this process electronically we will advise you of any information you currency converter usforex foreign exchange rate to send us. You can book exchange rates with us currency converter usforex foreign exchange rate a day Monday to Friday. When you book your first deal we will call you to confirm the transaction and discuss payment options and subsequent payments can be managed completely online or by phone if you prefer. Once those funds have been received by us we will send the currency you have purchased electronically to your beneficiary.
In many cases the transfer will reach the beneficiary the next day we receive your funds, but sometimes it can currency converter usforex foreign exchange rate a day or two longer currency converter usforex foreign exchange rate on the countries and currencies involved. There are numerous methods of transferring funds to OFX. OFX maintains accounts in all major currencies, ensuring you can transfer funds quickly and reliably to us. Banks in most countries have Electronic Funds Transfer EFT as an option in internet banking and this is the most common way customers send funds to us.
Corporate customers usually request that we debit funds directly from their account to make the process even easier. Ask us more about payment methods after you register. Please note we do not accept cash or checks into our accounts, nor do we pay out in any of these forms. We would normally receive the funds within hours of you sending your transfer to us depending on the method of transfer. In some cases it takes longer for customers to get funds to us because banking systems may be slow or special arrangements need to be made.
In such cases simply advise your dealer and they should be able to accommodate your situation. Forward contracts reduce your exchange rate risk by letting you lock in an exchange rate now even though the actual funds transfer won't take place until a later date.
Both corporate and private customers can use forward contracts. For private customers forward contracts usually require a deposit based on the currency converter usforex foreign exchange rate being transferred. For more information please call and speak to a dealer. A limit order lets customers instruct us to buy or sell one currency for another currency at a target rate that is better than the current market rate.
Customers leave such orders with us to take advantage of exchange rate movements that occur when they may not be able to monitor rates themselves or during overnight markets when they are asleep.
We offer rates that are fair to clients and at the same time offer a reasonable return for us. We can do this because we transact large currency converter usforex foreign exchange rate in the interbank market and can pass on these rate savings to our clients.
Efficiencies generated by our automated processes also mean we keep overheads low and can process deals quickly and reliably. Matt is a senior figure in currency converter usforex foreign exchange rate Australian foreign exchange industry having held senior management positions with Westpac, Bankers Trust and UBS Warburg.
Having recognised that the needs of individuals and smaller companies were being poorly served by the mainstream banks Matt created OzForex to provide better rates and service for those customers. OzForex has grown strongly since its inception and is now one of the world's largest online foreign exchange providers.
In OzForex became a subsidiary of Macquarie Bank and became the foreign exchange service provider to Macquarie'sretail clients. Companies and individuals who wish to send money in a foreign currency to a person or company in another country can currency converter usforex foreign exchange rate the OFX service. The recipient of the transfer must have a bank account that funds can be paid into.
Often private customers are sending money between their own accounts in two different countries. Corporate customers are usually transferring funds to overseas suppliers, or repatriating overseas earnings. Yes, a large proportion of our corporate clients are importers. Once registered with OFX you currency converter usforex foreign exchange rate set up all your suppliers in your online beneficiary library, so you don't need to re-key their details each time you have a payment currency converter usforex foreign exchange rate make.
You can also send us the details via fax or email and we can have them entered into our system for you.
OFX is committed to having super-competitive rates and if you make regular payments, you will be surprised how quickly the savings add up. Yes, exporters can streamline the management of their foreign currency receipts by using OFX to receive and convert funds. Once the funds arrive in our account, you will be notified and you can either immediately convert the funds or wait for a more favourable rate.
Alternatively exporters can lock in a rate in advance and then remit foreign currency directly from their own account to ours. Yes, you can call us and speak to one of currency converter usforex foreign exchange rate accredited dealers to book your deal. We provide the same excellent rates by phone on as we do online. From the UK you can call us on If you are in NZ you can call us onand if you are calling from North America dial Yes, they are one and the same.
A telegraphic transfer is a means of electronically making payments between banks and is a more efficient method than using 'bank drafts', a paper based system. OFX does not support 'bank drafts'.
If you are sending a telegraphic transfer currency converter usforex foreign exchange rate is important that you provide accurate details of the recipient's banking details. The SWIFT system is a secure messaging system that allows banks to instruct each other on payments and accounts that they hold with each other. In America we need ABA codes also known as routing numbers.
These codes allow the OFX operations team to accurately identify the bank and branch where your money is being sent. Yes, the vast majority of the OFX site is open to the public and is free. You will find charts, calculators, historical rates, commentary and a wealth of currency related information. You can even log in to the payments service, free currency converter usforex foreign exchange rate charge and without commitment, to check our currency converter usforex foreign exchange rate and keep your existing provider honest.
The USForex referral program is no longer operational as we make some exciting changes. We thank you for your continued support and patience and look forward to bringing you a new and improved referral program very soon. You are using Internet Explorer 10 and you are going to be redirected to a page that does not support Internet Explorer