OFX Payments Ireland
OFX Payments Ireland Limited is the EU-regulated e-money institution of OFX Group, providing international money transfers and currency exchange services across the European Union.
Account Types
Personal Plans
| Feature | Personal FX Transfer |
|---|---|
| Monthly Fee | Free |
| Annual Fee | - |
| Minimum Balance | - |
| Fee Currency | EUR |
| Free ATM Withdrawals | - |
| Billing Model | Pay As You Go |
| Free Tier | Available No monthly fee; costs are embedded in FX exchange rate margins per transaction. |
| Description | Send money internationally to family or friends, or cash out global stocks/shares. Competitive exchange rates across 50+ currencies and 170+ countries. |
Business Plans
| Feature | Custom | Full Suite | Standard |
|---|---|---|---|
| Monthly Fee | - | €125.00 | Free |
| Annual Fee | - | - | - |
| Minimum Balance | - | - | - |
| Fee Currency | EUR | EUR | EUR |
| Free ATM Withdrawals | - | - | - |
| Card Type | Standard VirtualStandard Physical | Standard VirtualStandard Physical | Standard VirtualStandard Physical |
| Billing Model | Custom | Subscription | Tiered |
| Free Tier | No | No | Available Free for first 2 users; €15 per additional user/month. 60-day free trial available for all users. |
| Description | Designed for businesses with 50+ users or high transaction volumes. Includes multi-entity support, volume-based tailored FX pricing, and dedicated onboarding. | Enhanced controls and automation with approvals, spend management, AP & bill automation, cashback on cards, and dedicated account manager. 5 users included. | Manage and automate payments in 25+ currencies with a Global Business Account and Corporate Cards. 2 users included, €15/user/month thereafter. |
Visit the provider website for detailed plan comparisons and features
Fees & Limits
| Route | Fee Structure | Min/Max |
|---|---|---|
| SEPA (EUR) | Free(1-2 business days) | No limit OFX Ireland charges no transfer fees. SEPA funding from a SEPA country costs the same as a local transfer (typically free). Some recipient banks may charge their own fee to receive SEPA transfers. |
| Wire | Free(varies) | No limit OFX Ireland charges no transfer fees for international wire transfers. Third-party banks may deduct a fee from the transfer before paying the recipient; OFX receives no portion of any such third-party fee. |
| Fee | Details | Amount |
|---|---|---|
| Account Fees | ||
| Monthly Subscription Fee | -Monthly | Free |
| Additional Authorised User Fee | -Monthly | Free |
| View Only Approver Only User Fee | -Monthly | Free |
| Transfer Fees | ||
| Outbound Domestic Eur Target2 Fee | -Per transaction | Free |
| Outbound Swift Fee | -Per transaction | Free |
| Outbound Sepa Fee | -Per transaction | Free |
| Inbound Sepa Fee | -Per transaction | Free |
| Inbound Swift Fee | -Per transaction | Free |
| Fund Account Domestic Credit Card Fee | -Per transaction | Free |
| Fund Account International Credit Card Fee | -Per transaction | Free |
| Outbound Transfer Fee | -Per transaction | Free |
| Card Fees | ||
| Digital Card Issuance Fee | -Other | Free |
| Physical Card Issuance Fee | -Other | Free |
| Foreign Transaction Fee | -Per transaction | Free |
| Other Fees | ||
| Automatic Conversion Fx Margin | -Per transaction | Free |
| Currency Conversion Fx Margin | -Per transaction | Free |
Cards
Security & Compliance
Regulation
- Central Bank of Ireland (CBI)License: C190174. Licensed in Ireland. Safeguarding: segregated_accounts.
- Compliance CertificationsPCI DSS
App Security
- Instant FreezeFreeze and unfreeze your card instantly from the app if lost or stolen.
- Two-Factor AuthenticationNot disclosed
OFX employs technical, physical, and organisational security measures including data encryption, access controls, secure data storage, regular security audits, and employee training. Transmission over internet/telephone acknowledged as not fully secure. GDPR-relevant privacy controls in place; California Consumer Privacy Act (CCPA) compliance noted for California residents. No explicit mention of SOC2, PCI DSS certification, TLS version, AES-256, or bug bounty program. Privacy policy last updated April 30, 2025.
Support & Platforms
Available Platforms
Eligibility
Residents Can Open Account (30)
Send Money To (19)
Supported Currencies
Local Account Details4 accounts
Local EUR bank details available via OFX Global Business Account (en-ie). OFX is not a bank; account is a virtual global business transaction account. No international transaction fees stated. Provider is Ireland-based for EU clients.
Local GBP bank details available via OFX Global Business Account (en-ie). No international transaction fees stated. The en-ie page also references GBP local currency accounts for businesses selling overseas.
Local USD bank details available via OFX Global Business Account (en-ie). No international transaction fees stated. One of four currencies with local account details on the IE platform.
Local CAD bank details available via OFX Global Business Account (en-ie). No international transaction fees stated. One of four currencies with local account details on the IE platform.