OFX vs DBS Remit - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like OFX and DBS Remit have emerged as leading choices. Both OFX and DBS Remit online platforms offer efficient and cost-effective and secure international money transfers from OFX and DBS Remit.

We compare OFX vs DBS Remit into the unique features and benefits that distinguish OFX vs DBS Remit, empowering you to make an informed decision based on your specific transfer needs like OFX vs DBS Remit fees, currencies available, available payment methods on OFX compared to DBS Remit, support options offered by OFX vs DBS Remit, speed and more.

OFX vs DBS Remit: Quick Feature Comparison

  1. Visit OFX alternative OFX Visit OFX

    Used By: 1000000
    Currencies Available: 54
    Transfer Fees: 15 AUD below 10k AUD
    Payment Methods: ETF, BPAY (Australia), Direct debits
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: 1000 USD
    Max Transfer: none
    Year Founded: 1998

  2. Visit OFX alternative DBS Remit Visit DBS Remit

    Used By: 2400000
    Currencies Available: 7
    Transfer Fees: S$35
    Payment Methods: Bank deposit
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: S$500
    Max Transfer: S$200,000
    Year Founded: 1968

OFX vs DBS Remit: Pros and Cons

OFX vs DBS Remit
Advantages

OFX Advantages DBS Remit Advantages
  • OFX has been serving clients for over 26 years
  • OFX is available internationally.
  • OFX has multiple currency options.
  • OFX provides phone customer support.
  • OFX provides email customer support.
  • OFX is available to iOS Apple device users.
  • OFX is available to Android mobile device users.
  • DBS Remit has been in operation for over 56 years.
  • DBS Remit operates in numerous international countries.
  • DBS Remit offers an extensive range of currency options for money transfers.
  • DBS Remit has a Apple iOS app on Apple app store.
  • DBS Remit offers a Android Google Play Store mobile app.

OFX vs DBS Remit
Disadvantages

OFX Disadvantages DBS Remit Disadvantages
  • OFX has no PayPal support.
  • OFX has no Neteller payments support.
  • OFX has no Skrill payment support.
  • OFX does have a mobile digital wallet like some others.
  • No home delivery with OFX.
  • No cash pickups with OFX.
  • No money order support with OFX.
  • No live chat support with OFX.
  • DBS Remit has no PayPal option.
  • DBS Remit has no Neteller option.
  • DBS Remit has no Skrill option.
  • No digital wallets with DBS Remit.
  • No DBS Remit home delivery.
  • No DBS Remit Cash pickups.
  • No DBS Remit money order option.
  • No DBS Remit Livechat.
  • No DBS Remit telephone customer support.
  • DBS Remit has limited email customer support.

OFX vs DBS Remit Fees and Other Costs

Fee type OFX Fees DBS Remit Fees
Transfer Fees 15 AUD below 10k AUD S$35
Min Transfer 1000 USD S$500
Max Transfer none S$200,000
Payment Methods ETF, BPAY (Australia), Direct debits Bank deposit
Currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, JPY, NOK, NZD, PLN, SEK, SGD, USD, ZAR, AZN, BGN, BHD, BND, CNY*, EGP, FJD, HUF, IDR, ILS, INR, KRW, KWD, LKR, MAD, MGA, MXN, MYR, OMR, PEN, PGK, PHP, PKR, RUB, SAR, SBD, SCR, TOP, THB, TRY, TWD, TZS, VND, VUV, WST, XOF, XPF USD, GBP, AUD, EUR, SGD, CAD, HKD

OFX vs DBS Remit Restricted Countries

OFX Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

DBS Remit Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

OFX vs DBS Remit Transfer Speeds

Transfer Speed OFX DBS Remit
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

OFX vs DBS Remit Languages

OFX Supported Languages

DBS Remit Supported Languages

English

OFX vs DBS Remit Verdict - Which is better?

Which is best out of OFX and DBS Remit depends on your needs.

  • OFX vs DBS Remit Transfer Fees: Transferring money with OFX costs 15 AUD below 10k AUD while DBS Remit charges S$35.
  • OFX vs DBS Remit Supported Currencies: OFX deals in over 1, where as DBS Remit offers transactions in 1.
  • OFX vs DBS Remit Payment Methods: OFX accepts ETF, BPAY (Australia), Direct debits, while DBS Remit allows transactions via Bank deposit.
  • OFX vs DBS Remit Transfer Limits: OFX allows transfers between 1000 USD and none. DBS Remit's range is S$500 to S$200,000.
  • OFX vs DBS Remit Minimum Age for Account Creation: OFX requires users to be at least 18 years old, where as DBS Remit has a minimum age requirement of 18.
  • Contact Number: You can reach OFX at +442076144194 and DBS Remit at .
  • OFX vs DBS Remit Countries of Operation: OFX operates in over 1 countries but has restrictions in over 1 countries. DBS Remit serves 1 countries and restricts operations in 1 countries.
  • OFX vs DBS Remit Client Base: OFX is used by 1,000,000, where as DBS Remit serves 2,400,000.
  • OFX vs DBS Remit Year Founded: OFX was established in 1998 and DBS Remit began its operations in 1968.
  • OFX vs DBS Remit Customer Rating: OFX holds a rating of 3, in contrast, DBS Remit has a rating of 3.
  • OFX vs DBS Remit Headquarters: OFX has its headquarters at Sydney, Australia, while DBS Remit is based at Singapore.
  • OFX vs DBS Remit Employee Count: OFX employs 250 individuals, where as DBS Remit has a team of .
  • OFX vs DBS Remit Estimated Annual Turnover: OFX turnover stands at 8,000,000, while DBS Remit boasts a turnover of 1260000000.
  • OFX vs DBS Remit Founder: OFX was founded by Reuben Sorensen, holding the position of CEO & Co-Founder | OFX. On the other hand, DBS Remit was the brainchild of , currently holding the position of .
  • OFX vs DBS Remit Supported Languages: OFX offers support in over 1 languages. DBS Remit communicates in 1.

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OFX vs DBS Remit Alternatives Guides

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Screenshots

OFX Screenshot

OFX Screenshot

DBS Remit Screenshot

OFX Screenshot