Side by side
OFX vs Wise
Both stand on money transfer apps. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Free plan WebiPhoneAndroid
OFX combines multi-currency business accounts, international payments, cards, controls, and accounting connections. Its web and mobile apps also provide transfer tracking and operational access.
Visit OFX
Free plan AndroidiPhoneWeb
Wise offers international transfers with upfront fee display, rate alerts, and transfer scheduling. Sign-up is free, but sending and conversion fees vary by currency and start from 0.33%.
Visit WiseThe facts
| OFX | Wise | |
|---|---|---|
| Free plan | Yes | Yes |
| Open source | Not published | Not published |
| Runs on | Web, iPhone, Android | Android, iPhone, Web |
| Lowest paid plan | Free or on request | Free or on request |
| Plans published | 1 | 1 |
| Maker | OFX | Wise |
| Website | ofx.com | wise.com |
| On money transfer apps | #6 of 81 | #2 of 81 |
OFX: what it does well
- Free business account with no minimum balance
- Supports more than 30 currencies
- Payments reach 170+ countries
- Real-time expense tracking for corporate cards
- Xero and QuickBooks Online integrations
What to know first
- Transfers typically take 1–3 days
- Exchange rates include a markup
- Corporate card availability is a listed feature, not a stated free service
Wise: what it does well
- Transfers reach bank accounts in over 140 countries.
- Fees are shown before a transfer is paid.
- Supports tracking, scheduling, and repeating transfers.
- Rate alerts notify users about exchange-rate changes.
- Free sign-up and no personal-account subscription.
What to know first
- Sending and conversion fees vary by currency.
- Photo ID may be required for some currencies or large transfers.
- Conversion fees still apply to transfers between Wise accounts.