Learn more about OANDA Money Transfer
OANDA Money Transfer allows customers to send payments with transparent, real-time rates and no hidden fees*. When compared to the results derived from mystery shopping fees and rates for major currency pairs offered by major US, UK, and Canadian banks, our service is typically less expensive.
How do we calculate savings?
OANDA Money Transfer sourced monthly data for the April 2017-April 2018 time period from independent research firm FXCompared. As part of this research, FXCompared analyzed the cost of sending 1,000, 5,000 and 10,000 USD, CAD, and GBP internationally from the US, Canada, and the UK with several major banks, across six main currency routes: USD to EUR and USD to GBP from the United States; CAD to EUR and CAD to GBP from Canada; GBP to EUR, and GBP to USD from the UK.* Please note that this data is currently available for the US, Canada, and the UK only.
As a result of this ongoing market research, the overall costs of those transactions based on this mystery shopping are typically more than 50% higher than through OANDA Money Transfer. For more information on FXCompared’s “International Money Transfer Index™ (IMTI), please visit https://www.fxcompared.com/IMTI
What are you waiting for? Start saving today with OANDA Money Transfer.
How It Works
Registering with OANDA Money Transfer is as fast and easy as 1, 2, 3.
- Sign Up
Set up your username and password.
Provide us a few key pieces of information to activate your account.
- Send Money
Check our real-time rates and make your transfer; or set up a market alert to be notified when your preferred exchange rates become available. You will be able to send money once your account is approved, which usually takes about 24 hours.
All Available Currencies
OANDA Money Transfer can allow you to convert from the following currencies to over 130 currencies:
- AED – United Arab Emirates dirham
- AUD – Australia dollar
- BHD – Bahrain dinar
- CAD – Canada dollar
- CHF – Switzerland franc
- CZK – Czech Republic koruna
- DKK – Denmark krone
- EUR – Euro
- GBP – Great Britain pound sterling
- HKD – Hong Kong dollar
- HUF – Hungary forint
- ILS – Israel new shekel
- JPY – Japan yen
- KWD – Kuwaiti dinar
- MXN – Mexico peso
- NOK – Norway krone
- NZD – New Zealand dollar
- PLN – Poland zloty
- SEK – Sweden kroner
- SGD – Singapore dollar
- THB – Thailand baht
- USD – United States dollar
- ZAR – South Africa Rand
Please note that it is possible that not all currencies noted above are available as send currencies in your particular region.
With OANDA Money Transfer you can always access real-time exchange rates and know your fees up front*. Furthermore, if you have an ideal exchange rate in mind, you can set a market alert and we’ll let you know when your preferred rate becomes available. With OANDA Money Transfer you can send money internationally on your terms. Sign up today and set market alerts directly from within the platform.
*OANDA Money Transfer rates are updated in real-time based on foreign exchange market movement, and are only available for 30 seconds once initially quoted. OANDA Money Transfer send fees, if any, are displayed upfront prior to initiating a transaction. It is possible that a sender’s or recipient’s bank will charge its own fees based on the services it provides to its accountholders and OANDA Money Transfer has no control over, and is not responsible for, such fees. Claims relating to potential savings are applicable to U.S., UK, and Canadian customers only. Substantiation data is obtained monthly by independent mystery shoppers at research firm FXCompared for major banks in the U.S., UK, and Canada across two main currency corridors (i.e. USD-EUR and USD-GBP for the US market). Not all currency pairs are represented in our research and OANDA Money Transfer cannot guarantee your particular currency pair will be less expensive than what your bank charges.
In the United States, services are provided by Custom House USA, LLC (NMLS ID: 906985; MA MT license #: FT906985), doing business as Western Union Business Solutions. For a complete listing of US state licensing, visit http://business.westernunion.com/about/notices/. For additional information about Custom House USA, LLC, visit http://business.westernunion.com/About/Compliance-Legal.
In Canada, services are provided by Custom House (Online) Ltd., doing business as Western Union Business Solutions (WUBS).
Services in the UK are provided by Custom House Financial (UK) Limited (which does business under the trade name of Western Union Business Solutions). Custom House Financial (UK) Limited (registered in England, Company Number 04380026, Registered Office Address: 2nd Floor, 12 Appold Street, London EC2A 2AW) is authorised by the Financial Conduct Authority under the Payment Services Regulations 2009 (Register Reference: 517165) for the provision of payment services and is registered as a Money Service Business with HM Revenue & Customs (Registered No: 12140130).
Services in Australia are provided by Custom House Currency Exchange (Australia) Pty Limited (ABN 95 086 278 659, AFSL 238290) (doing business as Western Union Business Solutions, or “WUBS”), who is the issuer of any financial products referred to on: https://www.oanda.com/money-transfer. A Product Disclosure Statement is available for each of the financial products that WUBS issues and can be obtained here https://www.oanda.com/money-transfer/oanda/en-AU/ProductDisclosure.