OFX vs N26 - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like OFX and N26 have emerged as leading choices. Both OFX and N26 online platforms offer efficient and cost-effective and secure international money transfers from OFX and N26.

We compare OFX vs N26 into the unique features and benefits that distinguish OFX vs N26, empowering you to make an informed decision based on your specific transfer needs like OFX vs N26 fees, currencies available, available payment methods on OFX compared to N26, support options offered by OFX vs N26, speed and more.

OFX vs N26: 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 N26 Visit N26

    Used By: 7,000,000
    Currencies Available: 54
    Transfer Fees: 0.5-3 EUR
    Payment Methods: Maestro and debit Mastercard, or use MoneyBeam to send funds to other N26 users. Add your debit Mastercard to Google Pay or Apple Pay for quick digital payments wherever you are.
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 999999999 EUR (SEPA Credit Transfer), 100000 EUR (Sepa Instant Credit Transfer)
    Year Founded: 2013

OFX vs N26: Pros and Cons

OFX vs N26
Advantages

OFX Advantages N26 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.
  • N26 has been in operation for over 11 years.
  • N26 operates in numerous international countries.
  • N26 offers an extensive range of currency options for money transfers.
  • N26 provides phone support.
  • N26 offers registered customers email support.
  • N26 has a Apple iOS app on Apple app store.
  • N26 offers a Android Google Play Store mobile app.

OFX vs N26
Disadvantages

OFX Disadvantages N26 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.
  • N26 has no PayPal option.
  • N26 has no Neteller option.
  • N26 has no Skrill option.
  • No digital wallets with N26.
  • No N26 home delivery.
  • No N26 Cash pickups.
  • No N26 money order option.
  • No N26 Livechat.

OFX vs N26 Fees and Other Costs

Fee type OFX Fees N26 Fees
Transfer Fees 15 AUD below 10k AUD 0.5-3 EUR
Min Transfer 1000 USD none
Max Transfer none 999999999 EUR (SEPA Credit Transfer), 100000 EUR (Sepa Instant Credit Transfer)
Payment Methods ETF, BPAY (Australia), Direct debits Maestro and debit Mastercard, or use MoneyBeam to send funds to other N26 users. Add your debit Mastercard to Google Pay or Apple Pay for quick digital payments wherever you are.
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 AED, AUD, BGN, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, INR, JPY, MYR, NOK, NZD, PLN, RON, TRY, SEK, SGD, USD, ARS, BDT, BWP, CLP, CNY, COP, CRC, EGP, GEL, GHS, ILS, KES, KRW, LKR, MAD, MXN, NGN, NPR, PHP, PKR, RUB, THB, UAH, UGX, UYU, VND, XOF, ZAR, ZMW

OFX vs N26 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

N26 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 N26 Transfer Speeds

Transfer Speed OFX N26
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

OFX vs N26 Languages

OFX Supported Languages

N26 Supported Languages

OFX vs N26 Verdict - Which is better?

Which is best out of OFX and N26 depends on your needs.

  • OFX vs N26 Transfer Fees: Transferring money with OFX costs 15 AUD below 10k AUD while N26 charges 0.5-3 EUR.
  • OFX vs N26 Supported Currencies: OFX deals in over 1, where as N26 offers transactions in 1.
  • OFX vs N26 Payment Methods: OFX accepts ETF, BPAY (Australia), Direct debits, while N26 allows transactions via Maestro and debit Mastercard, or use MoneyBeam to send funds to other N26 users. Add your debit Mastercard to Google Pay or Apple Pay for quick digital payments wherever you are..
  • OFX vs N26 Transfer Limits: OFX allows transfers between 1000 USD and none. N26's range is none to 999999999 EUR (SEPA Credit Transfer), 100000 EUR (Sepa Instant Credit Transfer).
  • OFX vs N26 Minimum Age for Account Creation: OFX requires users to be at least 18 years old, where as N26 has a minimum age requirement of 18.
  • Contact Number: You can reach OFX at +442076144194 and N26 at 442035107126.
  • OFX vs N26 Countries of Operation: OFX operates in over 1 countries but has restrictions in over 1 countries. N26 serves 1 countries and restricts operations in 1 countries.
  • OFX vs N26 Client Base: OFX is used by 1,000,000, where as N26 serves 7.
  • OFX vs N26 Year Founded: OFX was established in 1998 and N26 began its operations in 2013.
  • OFX vs N26 Customer Rating: OFX holds a rating of 3, in contrast, N26 has a rating of 3.
  • OFX vs N26 Headquarters: OFX has its headquarters at Sydney, Australia, while N26 is based at Berlin, DE.
  • OFX vs N26 Employee Count: OFX employs 250 individuals, where as N26 has a team of 1,500.
  • OFX vs N26 Estimated Annual Turnover: OFX turnover stands at 8,000,000, while N26 boasts a turnover of 151500000.
  • OFX vs N26 Founder: OFX was founded by Reuben Sorensen, holding the position of CEO & Co-Founder | OFX. On the other hand, N26 was the brainchild of Sergi Perez Lerin, currently holding the position of Head of SEO.
  • OFX vs N26 Supported Languages: OFX offers support in over 1 languages. N26 communicates in 1.

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OFX vs N26 Alternatives Guides

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Screenshots

OFX Screenshot

OFX Screenshot

N26 Screenshot

OFX Screenshot