OFX - All required important information of a leading money transfer service provider (2024)

Brief Summary for OFX (USD to MXN)

If you need to send money from the United States to Mexico, OFX is a trustworthy supplier of global remittance services that offers fair rates when exchanging dollars for pesos in Mexico. OFX places a premium on customer satisfaction, so they prioritise providing encrypted and safe transactions. OFX is a great option for sending money abroad because of the convenient payment options it provides. In addition, the company has been praised by its patrons. OFX, which has been around since 1998 as a reliable peer-to-peer currency exchange platform, provides a quick, safe, and low-cost option for individuals and businesses in need of international money transfers.

OFX offers several payment methods with best USD to MXN exchange rates. You can either choose to make a card payment, that is, you can use both debit or credit card, or you can choose direct debit or bank ACH. The receiver will get the funds in their bank account, as they do not have any cash pick-up points in Mexico. Irrespective of the payment method, the receiver will get the fund in their bank account in about 4 to 5 business days. You can send up to $9999999. For any transaction up to $4999, a small transfer fee of $5 is applied. However, any amount more than $4999 is not subject to any transaction fee. A noteworthy point is that the card transfer may not have competitive exchange rates compared to its counterparts, and the currency exchange rate may vary depending on the amount being transferred.

Current customers of OFX who wish to transfer funds to Mexico can take advantage of the company's advantageous exchange rates for converting USD to MXN, as well as referral programs and loyalty incentives.