FX Payments FAQs

Frequently asked questions

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How does the OANDA payments service work?

We have established a partner network. Each partner in our network has a unique offering. We determine which partner will best suit your currency payment transaction requirements and direct you to them.

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Is this service for individuals or corporations?

Our partner network can assist with both personal and corporate payment requirements.

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Which currencies are supported?

We have aligned ourselves to a number of partners who offer more than 130 currencies in 50+ countries. Our partners will manage your requirements and discuss their currency coverage with you.

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Are there any limitations on payment volumes?

The appropriate partner would be happy to discuss this with you.

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Why should I use your service when I could directly go to any of your partners?

The payments industry has so many players. To help you through this challenge and select a partner that is right for you, we provide you with a recommendation based on your unique requirements.

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Does OANDA facilitate payments?

No. We will only refer you to an appropriate partner within our network.

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Can you give me a quote?

Once you fill out our form, we will direct you to a partner who best fits your requirements. They will provide you with a quote.

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Will I get a better rate/quote from your partner network than I would from my bank?

Members of our partner network offer very competitive rates. Once you have connected with the appropriate partner, they will give you a quote.

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Is there a minimum or maximum transaction amount?

Different partners have different requirements. The appropriate partner will let you know how their service works.

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Can I make a payment to a recipient in any country?

Our partners have an extensive network and we will connect you with the most suitable match.

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