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

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

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

Remitly vs OFX: Quick Feature Comparison

  1. Visit Remitly alternative Remitly Visit Remitly

    Used By: 3000000
    Currencies Available: 63
    Transfer Fees: 0-3.99$
    Payment Methods: Bank transfer, credit/debit card
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$20,000.00
    Year Founded: 2011

  2. Visit Remitly 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

Remitly vs OFX: Pros and Cons

Remitly vs OFX
Advantages

Remitly Advantages OFX Advantages
  • Remitly has been serving clients for over 13 years
  • Remitly is well rated among clients.
  • Remitly is available internationally.
  • Remitly has multiple currency options.
  • Remitly supports money transfer cash pickups.
  • Remitly is available to iOS Apple device users.
  • Remitly is available to Android mobile device users.
  • OFX has been in operation for over 26 years.
  • OFX boasts a high rating for sending money.
  • OFX operates in numerous international countries.
  • OFX offers an extensive range of currency options for money transfers.
  • OFX provides phone support.
  • OFX offers registered customers email support.
  • OFX has a Apple iOS app on Apple app store.
  • OFX offers a Android Google Play Store mobile app.

Remitly vs OFX
Disadvantages

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

Remitly vs OFX Fees and Other Costs

Fee type Remitly Fees OFX Fees
Transfer Fees 0-3.99$ 15 AUD below 10k AUD
Min Transfer US$1.00 1000 USD
Max Transfer US$20,000.00 none
Payment Methods Bank transfer, credit/debit card ETF, BPAY (Australia), Direct debits
Currencies ALL, ARS, EUR, BSD, BDT, XOF, BOB, BRL, BGN, BIF, USD, XAF, CLP, CNY, COP, KMF, CRC, HRK, CZK, DOP, EGP, ETB, FJD, GMD, GHS, GTQ, GNF, GYD, HNL, HUF, INR, IDR, JMD, JPY, JOD, KES, MGA, MWK, MYR, MXN, MAD, NPR, NGN, PKR, PYG, PEN, PHP, PLN, RON, RUB, RWF, SLL, ZAR, KRW, LKR, TSZ, THB, TND, TRY, UGX, UYU, VND, ZMW 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

Remitly vs OFX Restricted Countries

Remitly Country Restrictions

North Korea

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

Remitly vs OFX Transfer Speeds

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

Remitly vs OFX Languages

Remitly Supported Languages

English, French, Spanish, Polish, Vietnamese, German, Romanian, Italian and Turkish.

OFX Supported Languages

Remitly vs OFX Verdict - Which is better?

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

  • Remitly vs OFX Transfer Fees: Transferring money with Remitly costs 0-3.99$ while OFX charges 15 AUD below 10k AUD.
  • Remitly vs OFX Supported Currencies: Remitly deals in over 1, where as OFX offers transactions in 1.
  • Remitly vs OFX Payment Methods: Remitly accepts Bank transfer, credit/debit card, while OFX allows transactions via ETF, BPAY (Australia), Direct debits.
  • Remitly vs OFX Transfer Limits: Remitly allows transfers between US$1.00 and US$20,000.00. OFX's range is 1000 USD to none.
  • Remitly vs OFX Minimum Age for Account Creation: Remitly requires users to be at least 18 years old, where as OFX has a minimum age requirement of 18.
  • Contact Number: You can reach Remitly at and OFX at +442076144194.
  • Remitly vs OFX Countries of Operation: Remitly operates in over 1 countries but has restrictions in over 1 countries. OFX serves 1 countries and restricts operations in 1 countries.
  • Remitly vs OFX Client Base: Remitly is used by 3,000,000, where as OFX serves 1,000,000.
  • Remitly vs OFX Year Founded: Remitly was established in 2011 and OFX began its operations in 1998.
  • Remitly vs OFX Customer Rating: Remitly holds a rating of 4, in contrast, OFX has a rating of 3.
  • Remitly vs OFX Headquarters: Remitly has its headquarters at Seattle (US), while OFX is based at Sydney, Australia.
  • Remitly vs OFX Employee Count: Remitly employs 1,000 individuals, where as OFX has a team of 250.
  • Remitly vs OFX Estimated Annual Turnover: Remitly turnover stands at 143100000, while OFX boasts a turnover of 8,000,000.
  • Remitly vs OFX Founder: Remitly was founded by , holding the position of . On the other hand, OFX was the brainchild of Reuben Sorensen, currently holding the position of CEO & Co-Founder | OFX.
  • Remitly vs OFX Supported Languages: Remitly offers support in over 1 languages. OFX communicates in 1.

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

Remitly vs OFX Alternatives Guides

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



Screenshots

Remitly Screenshot

Remitly Screenshot

OFX Screenshot

Remitly Screenshot