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

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

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

OFX vs Placid: 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 Placid Visit Placid

    Used By: 500000
    Currencies Available: 10
    Transfer Fees: none
    Payment Methods: debit ard, credit card, placid express
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 2900 USD/day, 7000 USD/month, 20000 USD/3 months
    Year Founded: 1895

OFX vs Placid: Pros and Cons

OFX vs Placid
Advantages

OFX Advantages Placid 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.
  • Placid has been in operation for over 129 years.
  • Placid operates in numerous international countries.
  • Placid offers an extensive range of currency options for money transfers.
  • Placid provides phone support.
  • Placid offers registered customers email support.
  • Placid has a Apple iOS app on Apple app store.
  • Placid offers a Android Google Play Store mobile app.

OFX vs Placid
Disadvantages

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

OFX vs Placid Fees and Other Costs

Fee type OFX Fees Placid Fees
Transfer Fees 15 AUD below 10k AUD none
Min Transfer 1000 USD none
Max Transfer none 2900 USD/day, 7000 USD/month, 20000 USD/3 months
Payment Methods ETF, BPAY (Australia), Direct debits debit ard, credit card, placid express
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 BDT, INR, IDR, NPR, PKR, LKR, PHP, VND, EUR, FIM

OFX vs Placid 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

Placid 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 Placid Transfer Speeds

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

OFX vs Placid Languages

OFX Supported Languages

Placid Supported Languages

OFX vs Placid Verdict - Which is better?

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

  • OFX vs Placid Transfer Fees: Transferring money with OFX costs 15 AUD below 10k AUD while Placid charges none.
  • OFX vs Placid Supported Currencies: OFX deals in over 1, where as Placid offers transactions in 1.
  • OFX vs Placid Payment Methods: OFX accepts ETF, BPAY (Australia), Direct debits, while Placid allows transactions via debit ard, credit card, placid express.
  • OFX vs Placid Transfer Limits: OFX allows transfers between 1000 USD and none. Placid's range is none to 2900 USD/day, 7000 USD/month, 20000 USD/3 months.
  • OFX vs Placid Minimum Age for Account Creation: OFX requires users to be at least 18 years old, where as Placid has a minimum age requirement of 18.
  • Contact Number: You can reach OFX at +442076144194 and Placid at 1-718-392-3500.
  • OFX vs Placid Countries of Operation: OFX operates in over 1 countries but has restrictions in over 1 countries. Placid serves 1 countries and restricts operations in 1 countries.
  • OFX vs Placid Client Base: OFX is used by 1,000,000, where as Placid serves 500,000.
  • OFX vs Placid Year Founded: OFX was established in 1998 and Placid began its operations in 1895.
  • OFX vs Placid Customer Rating: OFX holds a rating of 3, in contrast, Placid has a rating of 3.
  • OFX vs Placid Headquarters: OFX has its headquarters at Sydney, Australia, while Placid is based at New York, US.
  • OFX vs Placid Employee Count: OFX employs 250 individuals, where as Placid has a team of 250.
  • OFX vs Placid Estimated Annual Turnover: OFX turnover stands at 8,000,000, while Placid boasts a turnover of 20,000,000 USD.
  • OFX vs Placid Founder: OFX was founded by Reuben Sorensen, holding the position of CEO & Co-Founder | OFX. On the other hand, Placid was the brainchild of Marcy Miller,, currently holding the position of CEO.
  • OFX vs Placid Supported Languages: OFX offers support in over 1 languages. Placid communicates in 1.

We list reviews for the best OFX vs Placid related money services below.

OFX vs Placid Alternatives Guides

If you would like to see some of the best OFX vs Placid related services compared against their best OFX vs Placid alternatives available right now. Learn more about OFX vs Placid alternatives by clicking on the links below.



Screenshots

OFX Screenshot

OFX Screenshot

Placid Screenshot

OFX Screenshot