OFX vs Ria Comparison

OFX, established in 1998, has carved a niche for itself as a trusted partner for both individuals and businesses seeking efficient, cost-effective ways to move money across borders. With a strong emphasis on providing competitive exchange rates and a range of financial services, including hedging and mass payments, OFX caters to a global clientele.

On the other hand, Ria, a subsidiary of Euronet Worldwide and operational since 1987, specializes in remittance services, offering a vast network of agents and locations worldwide. Ria is particularly known for its accessibility and convenience, making it a go-to for personal remittances and cash pickup services.

Both companies boast robust security measures, ensuring safe and reliable transactions for their users.


Company NameOFXRia
ria new logo
OFX ReviewRia Review
Customer Rating4.3/54.2/5
# Rating Customers6,400+5,800+
Top 3 Pros
  • Global Offices with Local Presence
  • 24/7 Customer Support
  • Great Client Feedback
  • Very wide global reach
  • Professional website and support
  • Fair rates for remittances
Top 3 Cons
  • Less Tech-Savvy
  • Outdated Look
  • Customer Support Can Be Slow
  • Low payment limits
  • For large transfers, rates are not great
  • No dedicated dealers or hedging tools


Company NameOFXRia
ria new logo
Office Locations10 global offices447,000+ transfer agents worldwide
# Currencies55+100+


Company NameOFXRia
ria new logo
HTTPS SecuredYesYes
Segregated Customer AccountsYesNo

Limits and Fees

Company NameOFXRia
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Min TransferΒ£100 or equivalentNo minimum
Max TransferNo max$2,999 per day in US and Canada
Fixed FeesNo fixed fees$3-$5 for most transfers
See Rates Before You Log In?YesYes

Customer Support

Company NameOFXRia
ria new logo
Dedicated DealerYesNo
Live ChatNoNo

Ways to Transfer

Company NameOFXRia
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Online SystemYesYes
Online AppYesYes
Multi-Currency AccountYesNo
Cash PickupNoYes
Card Top-UpNoNo

Additional Functions

Company NameOFXRia
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Mass PaymentsYesNo
Cash ChequesNoNo
Multi-Currency Debit CardNoNo


On MoneyTransferComparison, OFX has received a higher editorial score. The advantages of OFX over Ria are these:

  • OFX offers a more comprehensive set of services for businesses and individuals, including hedging and mass payments, which are not available with Ria.
  • OFX provides a dedicated dealer for transactions, ensuring personalized service and advice, a feature that Ria lacks.
  • OFX has a more extensive global office presence, which might offer more localized services compared to Ria’s model that relies heavily on transfer agents.

OFX is better for larger transactions, business needs, and individuals requiring specialized financial services such as hedging against currency fluctuations. It is also more suited for those who appreciate having a dedicated dealer to guide them through the transfer process.

Ria is better for smaller, personal remittances, especially for users who need to send money to locations where cash pickup is necessary. It is also a strong choice for those looking to send money quickly and easily online or through an app, without the need for more complex financial services.