UKForex Ltd

UKForex Ltd Logo
Trustpilot Rating
Reviews 3,952 | Excellent
 (4.3)
Business Focus
foreign exchange and international payments

UKForex Ltd is an electronic money institution focused on foreign exchange and international payments. UKForex Ltd offers international money transfers, foreign exchange, e-wallet accounts to individuals, small- and medium-sized businesses, online sellers. Incorporated in the United Kingdom, UKForex Ltd is authorized and regulated by the Financial Conduct Authority. UKForex Ltd is doing business as OFX.

Products
  • e-wallet accounts
Services
  • international money transfers
  • foreign exchange
Clients
  • individuals
  • small- and medium-sized businesses
  • online sellers

Area Served

Worldwide

Money Transfers

Special offer: Zero transfer fees

UKForex offers money transfers between 197 countries in more than 55 currencies. Money can be sent from bank accounts, debit cards (UK GBP) and received to bank accounts. Transfers made with UKForex are usually completed within 0-3 days.

ukforex Money Transfers
Speed
0-3 days
Amount Range
100 GBP - unlimited
Countries
197 countries
Currencies
55+ currencies
Transfer Options
  • one-time payments
  • regular payments
  • large amounts transfers
Sending From
  • bank accounts
  • debit cards (UK GBP)
Receiving To
  • bank accounts
Risk Management
  • forward exchange contracts
  • target rate orders

Transfer Costs

Transfer Fees
Zero transfer fees for all transfers (special offer for registrations from TheBanks.eu). Note: $15.00 standard fee is normally charged for transfers under $10,000 at OFX; there is no transfer fee when transferring over $10,000.
Exchange Rate
OFX delivers competitive exchange rates, so you can save up to 75% on the exchange rate margin and keep more of your money.

Transfer Speed

OFX's global network of banks allows us to transfer money overseas securely and quickly. Most other major currency transfers may arrive within 1-2 days (from the time OFX receives your funds). While banks require that you submit your money transfer orders during their business hours, OFX operates 24 hours a day, 7 days a week.

Available Currencies

AEAED (UAE dirham)
AUAUD (Australian dollar)
CACAD (Canadian dollar)
CHCHF (Swiss franc)
DKDKK (Danish krone)
EUEUR (Euro)
GBGBP (Pound sterling)
HKHKD (Hong Kong dollar)
HUHUF (Hungarian forint)
ILILS (Israeli shekels)
JPJPY (Japanese yen)
MXMXN (Mexican peso)
NONOK (Norwegian krone)
NZNZD (New Zealand dollar)
PLPLN (Polish złoty)
SESEK (Swedish krona/kronor)
SGSGD (Singapore dollar)
THTHB (Thai baht)
TRTRY (Turkish lira)
USUSD (US dollar)
ZAZAR (South African rand)
AZAZN (Azerbaijani Minat)
BGBGN (Bulgarian lev)
BHBHD (Bahraini Dinar)
BNBND (Brunei Dollar)
CNCNY (Renminbi (Chinese) yuan)
CZCZK (Czech koruna)
EGEGP (Egyptian Pound)
FJFJD (Fijian Dollar)
IDIDR (Indonesian rupiah)
ININR (Indian rupee)
KRKRW (South Korean won)
KWKWD (Kuwatiti Dinar)
LKLKR (Sri Lankan Rupee)
MAMAD (Moroccan Dirham)
MGMGA (Malagasy Ariary)
MYMYR (Malaysian ringgit)
OMOMR (Omani Rial)
PEPEN (Peruvian Nuevo Sol)
PGPGK (Papua New Guinea Kina)
PHPHP (Philippine peso)
PKPKR (Pakistani rupee)
RURUB (Russian ruble)
SASAR (Saudi riyal)
SBSBD (Solomon Island Dollar)
SCSCR (Seychelles Rupee)
TOTOP (Tongan Pa anga)
TWTWD (Taiwanese Dollar)
TZTZN (Tanzanian Shilling)
VEVEF (Venezuelan Bolivar Fuerte)
VNVND (Vietnamese Dong)
VUVUV (Vanuatu Vatu)
WSWST (Samoan Talar)
XOF (West African CFA Franc)
XPF (CFP Franc)

Sending Methods

Debit Cards
Available for Visa debit cards in GBP issued for UK customers.
Bank Accounts

Receiving Methods

Bank Accounts
OFX supports transfers to bank accounts only.

Advantages of UKForex Transfers

Zero transfer fees
Spot and forward contracts
Support for limit orders
Available for individuals and business customers

Disadvantages of UKForex Transfers

Receiving money to bank accounts only

How UKForex Transfers Work

1.
Register with OFX
Register, get verified and login.
2.
Setup Transfer
Enter your recipient’s bank account details and lock-in your transfer.
3.
Send Funds
Simply send your funds to us via Debit Card (Personal transfer only) or Electronic Funds Transfer and OFX will do the rest.


Alternatives to UKForex Transfers

Compare UKForex Money Transfers

See Also

Operations with Cryptocurrencies

No

UKForex do not conduct operations with cryptocurrencies.

See Also

Mobile Applications

Mobile Application: OFX Money Transfer

 4.8, 656 Ratings

OFX Money Transfer
OFX Money Transfer
OFX Money Transfer
OFX Money Transfer
OFX Money Transfer Supported Languages
GBEnglish

Company Details

Country of Registration
GBUnited Kingdom
BIC
UKFOGB21
Authorized By
Financial Conduct Authority
Reference Number
902028
Authorization Granted
12 July 2018
Authorized Activities
  • issuance of electronic money
  • refund of electronic money
  • placing cash to a payment account
  • withdrawing cash from a payment account
  • execution of payment transactions on a payment account (not covered by a credit line)
  • execution of payment transactions on a payment account (using a credit line)
  • issuing payment instruments or acquiring payment transactions
  • money remittance

UKForex Ltd is authorized by the Financial Conduct Authority (reference number 902028) for issuance of electronic money, refund of electronic money, placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, money remittance. The authorization was granted on 12 July 2018.

EEA Passport
Yes
Deposit Guarantee
No

Due to EEA passport rules UKForex Ltd, can conduct its activities in any of the 31 EEA member states. UKForex Ltd do not participate in deposit guarantee schemes.

Membership
SWIFT

UKForex Ltd is a SWIFT member.

See Also

Contacts

10 Whitechapel High Street 4th Floor The White Chapel Building, E1 8QS, London, United Kingdom
+44 2076144100
+44 2076144180
Website Languages
GBEnglish

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See Also