Delivery speeds from Australia to China using OFX take between one and two business days, depending on the currency, transfer method, and recipient bank. Large transfers may require additional verification, which could add a little extra time, but OFX keeps you informed throughout the process.
Yes, money transfer to China with OFX is a highly secure process. The platform uses bank-level encryption, secure logins, and transaction monitoring to protect your funds and personal information. Additionally, OFX is a regulated financial institution, giving you peace of mind that your funds are in safe hands.
You’ll need your recipient’s Bank Code (BIC/SWIFT) and the recipient’s local bank account number. OFX does not need your recipient’s mobile phone number or email address.
In-person money transfer is easy! You can head to a money changer near you. Here are our local city guides to find the best exchange rate: Sydney – The best rates and competitive transfer fees in Sydney are found on Pitt Street, George Street or occasionally in Haymarket. Melbourne – Money changers are located near Flinders Street Station in Melbourne, with the exception of United Currency in QV. Adelaide – Most money transfer locations in Adelaide are located on King William Street. Perth – You can send money through Ria Money Transfer, located in Morley, and Hai Ha Money Transfer […]
Yes, you can send money overseas through your bank, but this is not advisable as local banks typically have more expensive rates and transfer fees. This is because they have a physical storefront and staff, and they add these costs to their money transfer rates. In comparison, online money transfer like OFX will give you better rates and charge less to send cash. They are also highly convenient, as you can do it in the comfort of your own home.
Unfortunately, there is no best day to buy foreign currencies. Movement in foreign exchange rates depends on the global demand and supply of goods and services, as well as political and economic factors. So if you’re planning to send money to New Zealand, now is the best time!
Like all reputable money exchanges, we are registered with AUSTRAC and regulated by the Australian Securities and Investment Commission (ASIC).
S Money complies with the relevant laws pertaining to privacy, anti-money laundering and counter-terrorism finance. This means you are required to provide I.D. when you place an order. It also means the order must be paid for by the same person ordering the currency and you must show your identification again when receiving your order.
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