{"id":8166,"date":"2026-05-05T15:16:03","date_gmt":"2026-05-05T03:16:03","guid":{"rendered":"https:\/\/blog.orbitremit.com\/?p=8166"},"modified":"2026-05-05T16:16:39","modified_gmt":"2026-05-05T04:16:39","slug":"8166","status":"publish","type":"post","link":"https:\/\/blog.orbitremit.com\/?p=8166","title":{"rendered":"OrbitRemit vs OFX: Sending Money Overseas from Australia and New Zealand (2026)"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">If you&#8217;re based in Australia or New Zealand and looking for a reliable, cost-effective way to send money overseas, OrbitRemit and OFX are two of the most established options available. Both are regulated in Australia and New Zealand, both offer competitive alternatives to bank rates \u2014 but they are built for quite different types of senders.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This comparison covers what each provider actually offers in 2026, so you can make a clear, informed decision based on your transfer needs.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Quick Comparison: OrbitRemit vs OFX at a Glance<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Feature<\/th><th>OrbitRemit<\/th><th>OFX<\/th><\/tr><\/thead><tbody><tr><td><strong>Founded<\/strong><\/td><td>2008<\/td><td>1998<\/td><\/tr><tr><td><strong>Headquarters<\/strong><\/td><td>Wellington, New Zealand<\/td><td>Sydney, Australia<\/td><\/tr><tr><td><strong>Listed company<\/strong><\/td><td>\u274c No<\/td><td>\u2705 Yes \u2014 ASX listed (ticker: OFX)<\/td><\/tr><tr><td><strong>Send from Australia<\/strong><\/td><td>\u2705 Yes<\/td><td>\u2705 Yes<\/td><\/tr><tr><td><strong>Send from New Zealand<\/strong><\/td><td>\u2705 Yes<\/td><td>\u2705 Yes<\/td><\/tr><tr><td><strong>Countries supported<\/strong><\/td><td>50+<\/td><td>170+<\/td><\/tr><tr><td><strong>Currencies supported<\/strong><\/td><td>25+<\/td><td>55+<\/td><\/tr><tr><td><strong>Minimum transfer<\/strong><\/td><td>No minimum<\/td><td>AUD $250<\/td><\/tr><tr><td><strong>Fee structure<\/strong><\/td><td>Flat fee per transfer<\/td><td>AUD $15 for transfers under AUD $10,000; fee-free above AUD $10,000<\/td><\/tr><tr><td><strong>Exchange rate<\/strong><\/td><td>Competitive market rate<\/td><td>Variable margin (approx. 0.4%\u20132%)<\/td><\/tr><tr><td><strong>Fee-free threshold<\/strong><\/td><td>AUD\/NZD $10,000+<\/td><td>AUD $10,000+<\/td><\/tr><tr><td><strong>Delivery options<\/strong><\/td><td>Bank deposit, mobile wallets (GCash, GrabPay, PayMaya, Coins.ph), cash pickup<\/td><td>Bank deposit only<\/td><\/tr><tr><td><strong>Transfer speed<\/strong><\/td><td>Minutes to same business day (method dependent)<\/td><td>1\u20132 business days (some currencies 3\u20135 days)<\/td><\/tr><tr><td><strong>Forward contracts<\/strong><\/td><td>\u274c No<\/td><td>\u2705 Yes \u2014 lock rate up to 12 months<\/td><\/tr><tr><td><strong>Limit orders<\/strong><\/td><td>\u274c No<\/td><td>\u2705 Yes<\/td><\/tr><tr><td><strong>24\/7 phone support<\/strong><\/td><td>\u274c No<\/td><td>\u2705 Yes<\/td><\/tr><tr><td><strong>Dedicated account manager<\/strong><\/td><td>\u274c No<\/td><td>\u2705 Yes<\/td><\/tr><tr><td><strong>Rewards programme<\/strong><\/td><td>\u274c No<\/td><td>\u274c No<\/td><\/tr><tr><td><strong>Trustpilot rating<\/strong><\/td><td>Excellent \u2014 33,000+ reviews, 4.8\/5<\/td><td>Excellent \u2014 11,000+ reviews, 4.4\/5<\/td><\/tr><tr><td><strong>Regulation (AU)<\/strong><\/td><td>ASIC-regulated; AUSTRAC registered (AFSL: 470646)<\/td><td>ASIC-regulated (AFSL: 226484); ASX listed<\/td><\/tr><tr><td><strong>Regulation (NZ)<\/strong><\/td><td>DIA-supervised (FSP7721)<\/td><td>FMA-regulated (FSP8041)<\/td><\/tr><tr><td><strong>Payment methods (AU)<\/strong><\/td><td>Bank transfer, debit card, PayID, Apple Pay, Google Pay, POLi (NZ)<\/td><td>EFT, BPAY \u2014 credit cards not accepted<\/td><\/tr><tr><td><strong>First transfer<\/strong><\/td><td>Online \u2014 no phone call required<\/td><td>Phone verification required before first transfer<\/td><\/tr><tr><td><strong>Mobile app<\/strong><\/td><td>\u2705 iOS &amp; Android<\/td><td>\u2705 iOS &amp; Android<\/td><\/tr><tr><td><strong>Business transfers<\/strong><\/td><td>\u2705 Yes<\/td><td>\u2705 Yes \u2014 dedicated business platform<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About OrbitRemit<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">OrbitRemit was founded in 2008 and is headquartered in Wellington, New Zealand. It is one of the few international money transfer services genuinely home-grown to the Australia\u2013New Zealand region, purpose-built to serve migrant communities sending money to family and friends across Asia-Pacific.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From Australia and New Zealand, OrbitRemit supports transfers to 50+ countries across South and Southeast Asia, the Pacific, and beyond. Its strongest corridors include the Philippines, India, Nepal, Vietnam, Sri Lanka, Bangladesh, Indonesia and Pakistan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Regulation in Australia:<\/strong> OrbitRemit is regulated by ASIC and registered with AUSTRAC as a money remitter. AFSL number: 470646. AUSTRAC registration: 100439420.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Regulation in New Zealand:<\/strong> OrbitRemit is supervised by the Department of Internal Affairs (DIA) as a licensed money remitter. FSPR registration: FSP7721.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source: <a href=\"https:\/\/www.orbitremit.com\/about\" target=\"_blank\" rel=\"noopener\">orbitremit.com\/about<\/a><\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About OFX<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">OFX was founded in 1998 in Sydney, Australia \u2014 originally as OzForex \u2014 making it one of the oldest and most established non-bank money transfer providers in the world. It has been publicly listed on the Australian Securities Exchange (ASX: OFX) since 2013, which makes it one of the few transfer providers subject to mandatory public financial disclosure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">OFX previously operated under regional brands including NZForex (New Zealand), UKForex, CanadianForex and USForex, before consolidating into a single global brand in 2015. It supports transfers to 170+ countries in 55+ currencies, and has processed over AUD $100 billion in transfers since 1998.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">OFX is designed primarily for larger transfers \u2014 its fee structure, FX tools and dedicated account managers make it most competitive when moving AUD $10,000 or more.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Regulation in Australia:<\/strong> OFX (OzForex Limited) is regulated by ASIC with AFSL number 226484. It is ASX-listed, subject to mandatory public financial disclosure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Regulation in New Zealand:<\/strong> NZForex Limited (trading as OFX) is registered on the Financial Service Providers Register (FSP8041) and regulated by the Financial Markets Authority (FMA) as a Derivatives Issuer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source: <a href=\"https:\/\/www.ofx.com\/en-au\/about-us\/\" target=\"_blank\" rel=\"noopener\">ofx.com\/en-au\/about-us<\/a> | <a href=\"https:\/\/www.ofx.com\/en-nz\/legal\/regulation\/\" target=\"_blank\" rel=\"noopener\">ofx.com\/en-nz\/legal\/regulation<\/a><\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Fees and Exchange Rates<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Understanding the true cost of a transfer means looking at both the transfer fee and the exchange rate applied \u2014 the total amount your recipient receives is what matters most.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>OrbitRemit<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">OrbitRemit charges <strong>flat fees<\/strong> per transfer, shown upfront before you confirm. Fee amounts vary by destination country and delivery method.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>First transfer: <strong>$0 fee + promotional rate<\/strong> (new customers; terms apply)<\/li>\n\n\n\n<li>Transfers of <strong>AUD\/NZD $10,000 or more<\/strong>: <strong>fee-free<\/strong><\/li>\n\n\n\n<li>All other transfers: flat fee (typically AUD\/NZD $0\u2013$6 depending on corridor and delivery method)<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">OrbitRemit applies a competitive market rate to all transfers. The flat fee structure means costs don&#8217;t scale with transfer size \u2014 making OrbitRemit particularly competitive for mid-sized transfers where a percentage-based or high flat fee would otherwise be expensive.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source: <a href=\"https:\/\/www.orbitremit.com\" target=\"_blank\" rel=\"noopener\">orbitremit.com<\/a><\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>OFX<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">OFX charges a <strong>flat AUD $15 fee<\/strong> for transfers under AUD $10,000. Transfers of AUD $10,000 or more are <strong>fee-free<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, OFX makes its margin through an <strong>exchange rate markup<\/strong> applied to all transfers, regardless of size. This markup ranges from approximately 0.4% to 2% depending on the transfer amount, currency pair and market conditions \u2014 larger transfers typically attract lower markups. The fee is embedded in the rate rather than charged separately, so it&#8217;s important to compare the total amount your recipient will receive, not just the headline fee.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">OFX does not accept credit cards, cash or cheque. Payment from Australia is via bank transfer (EFT) or BPAY for personal transfers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Important:<\/strong> OFX requires phone verification before your first transfer can be processed. You can register online, but an OFX representative will call you to complete identity verification before your account is activated. This process typically takes 1\u20134 business days, so it is worth opening an account before you urgently need to send.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source: <a href=\"https:\/\/www.ofx.com\/en-au\/faqs\/are-there-any-transfer-fees\/\" target=\"_blank\" rel=\"noopener\">ofx.com\/en-au\/faqs\/are-there-any-transfer-fees<\/a> | <a href=\"https:\/\/www.finder.com.au\/international-money-transfers\/ofx-international-money-transfers\" target=\"_blank\" rel=\"noopener\">finder.com.au \u2014 OFX review<\/a><\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Delivery Options<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Delivery options are a significant differentiator between these two providers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>OrbitRemit<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">OrbitRemit supports multiple delivery methods across its corridors:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Mobile wallets<\/strong> \u2014 GCash, PayMaya, GrabPay, Coins.ph (Philippines); supported in other corridors where available<\/li>\n\n\n\n<li><strong>Bank deposit<\/strong> \u2014 to major banks in destination countries; typically same business day<\/li>\n\n\n\n<li><strong>Cash pickup<\/strong> \u2014 5,000+ locations in the Philippines; available in selected other corridors<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>OFX<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">OFX delivers exclusively via <strong>bank deposit<\/strong>. There is no mobile wallet delivery and no cash pickup available.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What this means in practice:<\/strong> If your recipient uses GCash, GrabPay, PayMaya or Coins.ph \u2014 or needs cash pickup access \u2014 OrbitRemit is the better fit. If your recipient has a bank account and you are moving a larger amount, OFX is a competitive option.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Transfer Speed<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>OrbitRemit<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Mobile wallet transfers (e.g. GCash to the Philippines): typically within minutes<\/li>\n\n\n\n<li>Cash pickup: typically within 1\u20132 hours<\/li>\n\n\n\n<li>Bank deposit: typically same business day<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source: <a href=\"https:\/\/www.orbitremit.com\/philippines\" target=\"_blank\" rel=\"noopener\">orbitremit.com\/philippines<\/a><\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>OFX<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">OFX typically delivers bank deposits within 1\u20132 business days. Less common or exotic currency pairs may take 3\u20135 business days. OFX is a bank-to-bank service by design and does not offer instant or same-day delivery.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source: <a href=\"https:\/\/www.ofx.com\/en-au\/transfer-rates\/\" target=\"_blank\" rel=\"noopener\">ofx.com\/en-au<\/a><\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>FX Tools \u2014 A Key OFX Differentiator<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">One area where OFX stands out clearly is its suite of foreign exchange management tools, which OrbitRemit does not currently offer:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Forward contracts<\/strong> \u2014 Lock in an exchange rate for a future transfer, for up to 12 months. Useful if you need to make a large payment at a known future date (e.g. property settlement, overseas tuition payment) and want to protect against currency movement. OFX typically requires a minimum of AUD $10,000 for forward contracts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Limit orders<\/strong> \u2014 Set a target exchange rate and OFX will automatically execute the transfer when that rate is reached. Useful if you&#8217;re not in a rush and want to maximise the rate you receive.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Regular payments<\/strong> \u2014 Schedule automated recurring transfers, useful for ongoing obligations like overseas mortgage payments or regular support payments to family.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These tools make OFX particularly well-suited for senders who need to manage currency risk on large or ongoing international payments \u2014 a use case that goes beyond typical remittance needs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source: <a href=\"https:\/\/www.finder.com.au\/international-money-transfers\/ofx-international-money-transfers\" target=\"_blank\" rel=\"noopener\">finder.com.au \u2014 OFX review<\/a><\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Countries and Corridors<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>OrbitRemit<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">OrbitRemit supports 50+ destination countries with a focus on Asia-Pacific remittance corridors. Key destinations from Australia and New Zealand include:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Philippines, India, Nepal, Vietnam, Sri Lanka, Bangladesh, Indonesia, Pakistan, Fiji, Tonga, Samoa, the UK, Canada, and more.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Full destination list: <a href=\"https:\/\/www.orbitremit.com\/destinations\" target=\"_blank\" rel=\"noopener\">orbitremit.com\/destinations<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>OFX<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">OFX supports transfers to 170+ countries in 55+ currencies, with particular strength in major developed-market corridors including the US, UK, EU, Canada, Singapore, Hong Kong and Japan. Its coverage is broader than OrbitRemit&#8217;s, but OFX is less optimised for Asia-Pacific remittance corridors and does not support mobile wallet or cash delivery in countries like the Philippines.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Business Transfers<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Both OrbitRemit and OFX support business accounts, but their offerings differ meaningfully.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>OrbitRemit<\/strong> supports business transfers alongside personal transfers for selected corridors, with higher transfer limits for business accounts. Check <a href=\"https:\/\/www.orbitremit.com\" target=\"_blank\" rel=\"noopener\">orbitremit.com<\/a> for the corridors where business transfers are currently available.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>OFX<\/strong> has a dedicated business platform with a broader feature set including forward contracts, limit orders, multi-currency accounts, bulk payments (Multipay), and a dedicated account manager. OFX is ATO-approved for paying Australian tax obligations from overseas \u2014 one of only a small number of providers with this approval. It is well suited to businesses managing larger international payments or foreign exchange risk.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Sources: <a href=\"https:\/\/www.orbitremit.com\" target=\"_blank\" rel=\"noopener\">orbitremit.com<\/a> | <a href=\"https:\/\/www.finder.com.au\/international-money-transfers\/ofx-international-money-transfers\" target=\"_blank\" rel=\"noopener\">finder.com.au \u2014 OFX review<\/a><\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Customer Reviews<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>OrbitRemit<\/strong> holds a Trustpilot Excellent rating of 4.8\/5 based on over 33,000 reviews. It also holds a ProductReview.com.au Top Rated badge for 2025 and 2026, and was awarded WeMoney Best for Value 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>OFX<\/strong> holds a Trustpilot Excellent rating of 4.4\/5 based on around 11,000 reviews. Customers frequently highlight OFX&#8217;s competitive rates on large transfers and quality of customer service. Some reviews note delays during identity verification. On ProductReview.com.au, OFX holds a rating of 2.8 out of 5 based on over 349 reviews, where some customers mention frustration with compliance and verification requirements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Sources: <a href=\"https:\/\/au.trustpilot.com\/review\/orbitremit.com\" target=\"_blank\" rel=\"noopener\">au.trustpilot.com\/review\/orbitremit.com<\/a> | Finder AU \u2014 OFX review (data as of October 2025)<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Which Provider Is Right for You?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">OrbitRemit and OFX serve genuinely different sender profiles. Neither is universally &#8220;better&#8221; \u2014 the right choice depends on what you&#8217;re sending, where, how much, and how your recipient needs to receive it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>OrbitRemit may suit you if:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You&#8217;re sending to <strong>Asia-Pacific corridors<\/strong> \u2014 Philippines, India, Nepal, Vietnam, Sri Lanka, Bangladesh and more<\/li>\n\n\n\n<li>Your recipient needs <strong>GCash, GrabPay, PayMaya or Coins.ph<\/strong> delivery<\/li>\n\n\n\n<li>Your recipient needs <strong>cash pickup<\/strong><\/li>\n\n\n\n<li>You want <strong>flat, upfront fees<\/strong> that don&#8217;t scale with transfer size<\/li>\n\n\n\n<li>You&#8217;re sending <strong>smaller or mid-sized amounts<\/strong> where OFX&#8217;s $15 fee or exchange rate margin would be proportionally expensive<\/li>\n\n\n\n<li>You want a provider with <strong>ANZ roots<\/strong> and a strong local reputation<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>OFX may suit you if:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You&#8217;re sending <strong>AUD $10,000 or more<\/strong> and want fee-free transfers with competitive exchange rate margins<\/li>\n\n\n\n<li>You need to send to <strong>countries outside OrbitRemit&#8217;s 50+ corridors<\/strong> \u2014 particularly major Western markets<\/li>\n\n\n\n<li>You want <strong>forward contracts or limit orders<\/strong> to manage currency risk<\/li>\n\n\n\n<li>You need a <strong>dedicated account manager<\/strong> for larger or more complex transfers<\/li>\n\n\n\n<li>You&#8217;re a <strong>business<\/strong> making regular large international payments or managing FX exposure<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Always compare the <strong>total amount your recipient will receive<\/strong> \u2014 including both the fee and the exchange rate applied \u2014 before confirming any transfer.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Frequently Asked Questions<\/strong><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1777950539320\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>How long does it take to open an OFX account?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can register online in minutes, but OFX requires phone verification before your first transfer. An OFX representative will call you to complete identity verification, which typically takes 1\u20134 business days. It is worth opening an account before you need to send urgently.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1777950549705\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Can I send money from New Zealand with both OrbitRemit and OFX?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. Both providers operate from New Zealand. OrbitRemit is DIA-supervised (FSP7721). OFX operates via its NZForex subsidiary, regulated by the FMA (FSP8041).<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1777950558939\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Does OFX have a minimum transfer amount?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. OFX has a minimum transfer of AUD $250 for Australian users. OrbitRemit has no stated minimum transfer amount.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1777950591790\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Which is cheaper for small transfers \u2014 OrbitRemit or OFX?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>For transfers under AUD $10,000, OFX charges a flat AUD $15 fee plus an exchange rate margin. OrbitRemit charges a lower flat fee (typically AUD $0\u2013$6 depending on corridor) with no percentage markup. For smaller amounts, OrbitRemit is generally the more cost-effective option. Always use each provider&#8217;s calculator to compare the exact amount your recipient will receive.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1777950605753\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Which is better for sending money to GCash in the Philippines?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>OrbitRemit supports direct GCash transfers from Australia and New Zealand. OFX does not support GCash or any mobile wallet delivery. For GCash transfers, OrbitRemit is the better option.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1777950611853\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Is OFX safe to use?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. OFX is regulated by ASIC in Australia (AFSL: 226484), listed on the Australian Securities Exchange, and regulated in multiple jurisdictions globally. Customer funds are held in segregated accounts.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1777950628237\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Is OrbitRemit safe to use?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. OrbitRemit is regulated by ASIC in Australia (AFSL: 470646), registered with AUSTRAC, and supervised by the DIA in New Zealand. Customer funds are held in segregated client accounts in accordance with regulatory requirements.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><em>Sources: <a href=\"https:\/\/www.orbitremit.com\" target=\"_blank\" rel=\"noopener\">orbitremit.com<\/a> | <a href=\"https:\/\/www.ofx.com\/en-au\/\" target=\"_blank\" rel=\"noopener\">ofx.com\/en-au<\/a> | <a href=\"https:\/\/www.finder.com.au\/international-money-transfers\/ofx-international-money-transfers\" target=\"_blank\" rel=\"noopener\">finder.com.au \u2014 OFX review<\/a><\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Send Money from Australia or New Zealand with OrbitRemit<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">OrbitRemit has been helping Australians and New Zealanders send money overseas since 2008. With transparent flat fees, multiple delivery options including GCash and cash pickup, fee-free transfers above AUD\/NZD $10,000, and a Trustpilot Excellent rating from over 33,000 reviews, OrbitRemit is a trusted choice for the Asia-Pacific corridors that matter most.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Regulated by ASIC in Australia | DIA-supervised in New Zealand<\/li>\n\n\n\n<li>Flat fees shown upfront before you confirm<\/li>\n\n\n\n<li>Mobile wallets, bank deposit and cash pickup supported<\/li>\n\n\n\n<li><a href=\"https:\/\/trustpilot.com\/review\/orbitremit.com\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\">Rated Excellent on Trustpilot from over 33,000 reviews \u2014 4.8\/5<\/span><\/a><\/li>\n\n\n\n<li>WeMoney Best for Value 2025 and WeMoney Excellent Rates &amp; Fees 2025 | ProductReview.com.au Top Rated Money Transfer Services 2025 &amp; 2026<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.orbitremit.com\/currency-converter\" target=\"_blank\" rel=\"noopener\">Check OrbitRemit&#8217;s rate today<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/transfers.orbitremit.com\/register\" target=\"_blank\" rel=\"noopener\">Create a free account<\/a><\/div>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Rates, fees and product features are subject to change. Always verify current terms directly with each provider before making a transfer. This post was last updated May 2026.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Sources: <a href=\"https:\/\/www.orbitremit.com\" target=\"_blank\" rel=\"noopener\">orbitremit.com<\/a> | <a href=\"https:\/\/www.ofx.com\/en-au\/\" target=\"_blank\" rel=\"noopener\">ofx.com\/en-au<\/a> | <a href=\"https:\/\/www.ofx.com\/en-nz\/legal\/regulation\/\" target=\"_blank\" rel=\"noopener\">ofx.com\/en-nz\/legal\/regulation<\/a> | <a href=\"https:\/\/www.finder.com.au\/international-money-transfers\/ofx-international-money-transfers\" target=\"_blank\" rel=\"noopener\">finder.com.au \u2014 OFX review<\/a> | <a href=\"https:\/\/www.ofx.com\/en-au\/faqs\/are-there-any-transfer-fees\/\" target=\"_blank\" rel=\"noopener\">ofx.com\/en-au\/faqs\/are-there-any-transfer-fees<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Comparing OrbitRemit and OFX for sending money overseas from Australia and New Zealand. Fees, exchange rates, delivery options, transfer speed and regulation.<\/p>\n","protected":false},"author":240640783,"featured_media":8172,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[767101303,767101118],"tags":[4068774,767101520,767101523,767101521,767101522,767101142],"class_list":["post-8166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guide","category-news","tag-international-money-transfer","tag-money-transfer-comparison","tag-orbitremit-vs-ofx","tag-send-money-from-australia","tag-send-money-from-new-zealand","tag-send-money-overseas"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/05\/AdobeStock_1794955324.jpeg?fit=8192%2C5464&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/sf9ZZv-8166","jetpack-related-posts":[{"id":5001,"url":"https:\/\/blog.orbitremit.com\/?p=5001","url_meta":{"origin":8166,"position":0},"title":"OFX international money transfer: rates, fees and review\u00a0","author":"Bobi Perdulovski","date":"15th April 2024","format":false,"excerpt":"OFX is an online money transfer service that lets people and businesses conveniently send money overseas. Let\u2019s go through the key components of OFX and how well they can help you transfer money.","rel":"","context":"In &quot;International Money Transfer&quot;","block_context":{"text":"International Money Transfer","link":"https:\/blog.orbitremit.com\/?cat=767101120"},"img":{"alt_text":"OFX rates, fees and review","src":"https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2024\/04\/OFX-rates-fees-and-review.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2024\/04\/OFX-rates-fees-and-review.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2024\/04\/OFX-rates-fees-and-review.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2024\/04\/OFX-rates-fees-and-review.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2024\/04\/OFX-rates-fees-and-review.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8158,"url":"https:\/\/blog.orbitremit.com\/?p=8158","url_meta":{"origin":8166,"position":1},"title":"OrbitRemit vs Instarem: Sending Money Overseas from Australia (2026)","author":"Linh Chung","date":"5th May 2026","format":false,"excerpt":"Comparing OrbitRemit and Instarem for sending money overseas from Australia. Fees, exchange rates, delivery options, corridors and regulation \u2014 side by side.","rel":"","context":"In &quot;Guide&quot;","block_context":{"text":"Guide","link":"https:\/blog.orbitremit.com\/?cat=767101303"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/05\/AdobeStock_323258045.jpeg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/05\/AdobeStock_323258045.jpeg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/05\/AdobeStock_323258045.jpeg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/05\/AdobeStock_323258045.jpeg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/05\/AdobeStock_323258045.jpeg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8174,"url":"https:\/\/blog.orbitremit.com\/?p=8174","url_meta":{"origin":8166,"position":2},"title":"OrbitRemit vs Wise: Sending Money Overseas from Australia and New Zealand (2026)","author":"Linh Chung","date":"5th May 2026","format":false,"excerpt":"Comparing OrbitRemit and Wise for sending money overseas from Australia and New Zealand. Fees, FX rates, delivery options, transfer speed and regulation.","rel":"","context":"In &quot;Guide&quot;","block_context":{"text":"Guide","link":"https:\/blog.orbitremit.com\/?cat=767101303"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/05\/AdobeStock_409339746.jpeg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/05\/AdobeStock_409339746.jpeg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/05\/AdobeStock_409339746.jpeg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/05\/AdobeStock_409339746.jpeg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/05\/AdobeStock_409339746.jpeg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":6751,"url":"https:\/\/blog.orbitremit.com\/?p=6751","url_meta":{"origin":8166,"position":3},"title":"Send Money to India from Australia and New Zealand (2026)","author":"Linh Chung","date":"6th February 2026","format":false,"excerpt":"Send money to India with OrbitRemit. Fast, secure transfers from Australia and New Zealand with low fees and great rates.","rel":"","context":"In &quot;Guide&quot;","block_context":{"text":"Guide","link":"https:\/blog.orbitremit.com\/?cat=767101303"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/02\/AdobeStock_188476293.jpeg?fit=1200%2C828&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/02\/AdobeStock_188476293.jpeg?fit=1200%2C828&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/02\/AdobeStock_188476293.jpeg?fit=1200%2C828&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/02\/AdobeStock_188476293.jpeg?fit=1200%2C828&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/02\/AdobeStock_188476293.jpeg?fit=1200%2C828&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7681,"url":"https:\/\/blog.orbitremit.com\/?p=7681","url_meta":{"origin":8166,"position":4},"title":"Send Money to Vietnam from Australia and New Zealand (2026)","author":"Linh Chung","date":"24th March 2026","format":false,"excerpt":"Send money to Vietnam from Australia or New Zealand with OrbitRemit. Fast, secure ban transfers and cash pick-up AUD to VND and NZD to VND rates. Start today.","rel":"","context":"In &quot;Guide&quot;","block_context":{"text":"Guide","link":"https:\/blog.orbitremit.com\/?cat=767101303"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/03\/AdobeStock_60340509.jpeg?fit=1200%2C801&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/03\/AdobeStock_60340509.jpeg?fit=1200%2C801&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/03\/AdobeStock_60340509.jpeg?fit=1200%2C801&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/03\/AdobeStock_60340509.jpeg?fit=1200%2C801&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/03\/AdobeStock_60340509.jpeg?fit=1200%2C801&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7750,"url":"https:\/\/blog.orbitremit.com\/?p=7750","url_meta":{"origin":8166,"position":5},"title":"Cheapest Ways to Send Money Overseas from Australia and New Zealand (2026)","author":"Linh Chung","date":"25th March 2026","format":false,"excerpt":"OrbitRemit vs Wise vs Remitly \u2014 which is cheapest from Australia and New Zealand? Compare fees, exchange rates and transfer speeds side by side.","rel":"","context":"In &quot;Guide&quot;","block_context":{"text":"Guide","link":"https:\/blog.orbitremit.com\/?cat=767101303"},"img":{"alt_text":"OrbitRemit, thumb","src":"https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/02\/thumb-16x9-1.png?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/02\/thumb-16x9-1.png?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/02\/thumb-16x9-1.png?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/02\/thumb-16x9-1.png?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/blog.orbitremit.com\/wp-content\/uploads\/2026\/02\/thumb-16x9-1.png?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/blog.orbitremit.com\/index.php?rest_route=\/wp\/v2\/posts\/8166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.orbitremit.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.orbitremit.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.orbitremit.com\/index.php?rest_route=\/wp\/v2\/users\/240640783"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.orbitremit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8166"}],"version-history":[{"count":10,"href":"https:\/\/blog.orbitremit.com\/index.php?rest_route=\/wp\/v2\/posts\/8166\/revisions"}],"predecessor-version":[{"id":8209,"href":"https:\/\/blog.orbitremit.com\/index.php?rest_route=\/wp\/v2\/posts\/8166\/revisions\/8209"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.orbitremit.com\/index.php?rest_route=\/wp\/v2\/media\/8172"}],"wp:attachment":[{"href":"https:\/\/blog.orbitremit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.orbitremit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.orbitremit.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}