Is OFX available for business in Switzerland?

Availability

OFX for business in Switzerland: Available with limits

Key eligibility: For a registered business that needs international payments and multi currency. OFX runs identity and compliance checks on the company and its owners before activating the account
Non resident position: OFX serves clients across many countries and does not publish a Switzerland exclusion. Eligibility depends on its compliance checks, verify with the provider
Local currency support: Holds and converts 30 plus currencies including Swiss francs. Local receiving account details are limited to a small set of currencies, and there is no Swiss CHF IBAN
Headline monthly fee: Marketed without a monthly subscription fee, with revenue mainly from the exchange rate margin. Confirm current pricing with the provider

Availability and fees as of 25 April 2026Last reviewed 25 April 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Available with limits. As of 25 April 2026, OFX serves business customers connected to Switzerland for international payments and multi currency management. A Switzerland registered business can use OFX to send and receive payments across 180 plus countries and to hold and convert more than 30 currencies including Swiss francs. OFX is a money transfer and multi currency payments provider, not a Swiss bank offering a local account with a CHF IBAN. Verify the current position with the provider.

Does OFX serve business customers in Switzerland?

Yes, with limits. OFX has operated international money transfer for more than 25 years and is licensed by financial regulators across Australia, New Zealand, the United Kingdom, the European Union, the United States, Canada, Hong Kong and Singapore. It serves business clients in many markets, including Switzerland, for cross border payments and multi currency. The core product is the Global Business Account, which lets a business pay suppliers, get paid and hold balances in more than 30 currencies. OFX is a payments and foreign exchange provider rather than a Swiss bank, so it does not issue a domestic Swiss account with a CHF IBAN. As of 25 April 2026, confirm the current position with the provider.

Eligibility for businesses in Switzerland

OFX requires a registered business and runs identity and compliance checks on the company and its beneficial owners, asking for business details and supporting documents before an account is activated. As a registered money transmitter it applies these checks across the markets it serves, and it does not publish a Switzerland specific exclusion, though final eligibility depends on its review. As of 25 April 2026. Verify with the provider

What it costs locally

OFX markets its business account without a monthly subscription fee and earns mainly from the margin built into exchange rates, and many payments are sent without a separate transfer fee. Pricing, rate margins and any add on fees can change and can vary by plan and currency, so confirm the current terms for a Switzerland entity with the provider. As of 25 April 2026. As of 25 April 2026

What local users report

Businesses that use OFX commonly describe it as a way to cut the cost of international supplier and payroll payments compared with a traditional bank wire, with support staff reachable around the clock. Switzerland specific feedback is limited, and experience depends on the currencies a business needs and the size of its transfers. As of 25 April 2026, confirm the current position with the provider.

How to open OFX for business in Switzerland

Register your business interest with OFX and start the online account application
Complete the identity and compliance checks with your business details, registration and ownership information
Once approved, set up your currency balances and begin sending and receiving international payments