Fees and Fee Free Thresholds
Using OzForex you are guaranteed extremely competitive exchange rates and low transfer fees (see table 1). Fees are based on the currency you sell, for example if you are selling British Pounds the fee would be GBP 7.
On many transfers we will waive the transfer fee altogether if you are converting over a certain amount. This is also based on the currency you are selling. For example if you are converting GBP 3,000 or more and sending to a single* beneficiary no fee will be charged (see table 2).
| Fees |
| AUD |
15 |
| CAD |
15 |
| CHF |
15 |
| EUR |
10 |
| GBP |
7 |
| HKD |
60 |
| JPY |
1500 |
| NZD |
12 |
| PLN |
15 |
| SEK |
20 |
| SGD |
15 |
| USD |
5 |
| ZAR |
50 |
|
|
| Fee Free Thresholds |
| AUD |
10,000 |
| CAD |
10,000 |
| CHF |
10,000 |
| EUR |
5,000 |
| GBP |
3,000 |
| HKD |
50,000 |
| JPY |
1,000,000 |
| NZD |
10,000 |
| PLN |
10,000 |
| SEK |
50,000 |
| SGD |
10,000 |
| USD |
5,000 |
| ZAR |
50,000 |
|
* These thresholds are based on ‘per beneficiary’ amounts, rather than total deal payment amount. If you are paying to multiple beneficiaries then if the average sell amount to the beneficiaries is over the threshold then all fees will be waived. If the average sell amount to beneficiaries is below the threshold then fees will be charged for each payment.
|
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