Is OFX available for business in France?

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson · Last reviewed 21 February 2026
Availability

OFX for business in France: Available with limits

Key eligibility
Registered businesses can apply for international payments and a multi currency account, subject to onboarding checks
Non resident position
Serves business clients across European and global markets. It is a payments and FX provider, not a French current account
Local currency support
Holds and transacts in 30 or more currencies, with local details available in EUR, GBP and USD
Headline monthly fee
No advertised monthly fee. OFX earns mainly through the exchange rate margin
Availability and fees as of 21 February 2026Last reviewed 21 February 2026

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

Available with limits. As of 21 February 2026, OFX serves business customers in France for international payments and multi currency holding through its European operations. It is a regulated money transfer and foreign exchange provider rather than a French bank, so it is useful for cross border payments and holding several currencies, but it does not replace a domestic French business current account. Verify the current position with the provider.

Does OFX serve business customers in France?

Yes, for cross border payments and multi currency holding. As of 21 February 2026, OFX provides international business payments to and from France, with the ability to send to 170 or more countries in 30 or more currencies and to hold local account details in currencies such as EUR, GBP and USD. OFX is a money transfer and foreign exchange specialist, not a deposit taking bank, so a French business typically uses it alongside a domestic bank account rather than instead of one. Confirm the current position with the provider.

Eligibility for businesses in France

OFX onboards registered businesses and applies identity, ownership and activity checks. Eligibility generally depends on the business structure and the documents provided, and OFX does not publish a France specific restriction list, so the practical route is to register and complete its checks. The older global currency account is closed to new business clients in some regions, while international payments and the multi currency account remain available as of 21 February 2026. Verify with the provider

What it costs locally

OFX markets no transfer fee on most transfers and earns mainly through the exchange rate margin it adds, which varies by currency pair and amount. There is no advertised monthly account fee. Pricing for a French business depends on the currencies used and the size and frequency of transfers as of 21 February 2026. As of 21 February 2026

What local users report

Business users generally describe OFX as suited to larger or recurring international transfers where the rate matters, with named dealers for support. Because it is an FX and payments service rather than a bank, users in France typically pair it with a local business account for day to day domestic banking as of 21 February 2026.

How to set up OFX for business in France

  1. Register a business profile with OFX and select the currencies your France registered business needs
  2. Complete the provider checks with your company documents, owner identity and details of your activity
  3. Once approved, fund a transfer or use the multi currency account to send and receive across borders
Open with OFX →

Questions about OFX in France

Is OFX available for business in France?
Available with limits. As of 21 February 2026, OFX serves business customers in France for international payments and multi currency holding through its European operations. It is a money transfer and currency provider, not a French domestic bank, so it does not give a French current account. Verify the current position with the provider.
Is OFX a bank in France?
No. As of 21 February 2026, OFX is a regulated money transfer and foreign exchange provider, not a bank. It offers international payments and a multi currency account, but it does not provide a French deposit account or replace a domestic business bank account. Confirm with the provider.
What currencies does OFX support for a French business?
As of 21 February 2026, OFX lets businesses transact in 30 or more currencies and send to 170 or more countries, and its multi currency account can hold local details in currencies that include EUR, GBP and USD. The newer global currency account is closed to new business clients in some regions. Verify the current setup with the provider.
What does OFX cost for a business in France?
As of 21 February 2026, OFX markets no transfer fee on most transfers and earns through the exchange rate margin it adds, which varies by currency and amount. There is no advertised monthly account fee. Check the current pricing for your currencies with the provider.

Availability, fees, and eligibility change. This page was last reviewed on 21 February 2026. Confirm the current position with OFX before applying.

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