Compare
Side by side from each provider's own published terms: who can apply, what it costs, the accounts and cards, and how your money is held. Nobody pays to be listed, and Finzil doesn't rate providers.
Airwallex
E-money institution · UK business account
Global business account with local account details in 15 currencies, free local transfers, low-cost FX and Visa company cards. Accepts companies from 69 countries.
OFX
E-money institution · UK Global Business Account
Multi-currency business account from a long-established currency specialist: hold and pay in 34 currencies, local account details in four, Visa cards and round-the-clock phone support.
From the two provider profiles on Finzil, latest check 13 October 2026: each provider's own website, price list and terms.
The short answer
Side by side
A gap means the provider doesn't publish it; ask before you apply.
| The basics | Airwallex | OFX |
|---|---|---|
| Account | UK business account | UK Global Business Account |
| Provider type | E-money institution | E-money institution |
| Licence | E-money institution in the UK; also licensed in Australia, Canada, China and 9 more | E-money institution in the UK; also licensed in Australia, Ireland, Singapore and 4 more |
| Licensed company | Airwallex (UK) Ltd | UKForex Limited (trading as OFX) |
| Headquarters | United Kingdom | Australia |
| Who can apply | Airwallex | OFX |
|---|---|---|
| Where the company is registered | 69 countries | Not published |
| Legal forms | Limited companies, Limited liability partnerships, Partnerships, Sole traders | Not published |
| Businesses not supported | 15 kinds on its list | 15 kinds on its list |
| What it costs | Airwallex | OFX |
|---|---|---|
| Monthly fee | from £0 | from £0 |
| Setup fee | Free | Free |
| Plans | Explore: £19 a month; Grow: £49 a month; Accelerate: custom | Standard: free; Full Suite: £125 a month; Custom: custom |
| Currency exchange | 0.5–1% | Not published |
| SEPA transfer out | Free | Not published |
| Faster Payments out | Free | £0.2 |
| SWIFT transfer out | £10 | £5 |
| Physical card | Free | Free |
| Card spending abroad | 1% | 1.5% |
| Accounts and payments | Airwallex | OFX |
|---|---|---|
| Currencies | 24 | 34 |
| Local account details | GBP, EUR, USD, CAD, AUD, NZD, HKD, CNY, SGD, DKK, PLN, ILS, MXN, IDR, AED | GBP, EUR, USD, CAD |
| Payment networks | SEPA, SEPA Instant, Faster Payments, CHAPS, BACS, SWIFT, ACH, Fedwire | SEPA, Faster Payments, CHAPS, SWIFT |
| Cards | Virtual and physical Visa | Virtual and physical Visa |
| Opening and safety | Airwallex | OFX |
|---|---|---|
| Opening time | 3–5 days | 3–5 days |
| Open remotely | Yes | Yes |
| How money is held | Segregated accounts | Safeguarded after conversion |
| TrustpilotThird-party score, shown for reference. Finzil doesn't rank providers by it. | 2.9 from 2,587 reviews | 4.2 from 11,499 reviews |
From the profiles
Strong points
Watch out for
Strong points
Watch out for
Our view
Finzil's own opinion, kept apart from the facts above.
Airwallex is one of the best-value accounts for an online or software business that collects and pays in many currencies: free local transfers, FX from 0.5% and free company cards. If you keep £10,000 a month moving through it, the entry plan costs nothing. Eligibility is strict by country, and support is by email only.
OFX is a safe, well-reviewed choice for a company that mainly needs to pay and get paid in other currencies: a free plan, £5 international payments and people who answer the phone at any hour. Its weak point is transparency on the exchange margin, which is built into each quote, so compare a live quote with Wise or Airwallex. It does not take crypto, gambling or offshore structures.
It depends on how you use the account. Monthly fee: Airwallex from £0, OFX from £0. Currency exchange: Airwallex 0.5–1%, OFX not published. Transfers and cards are priced line by line in the table on this page, from each provider's own price list.
Neither is a bank. Airwallex is an e-money institution, licensed in the UK. OFX is an e-money institution, licensed in the UK. Airwallex: segregated accounts. OFX: safeguarded after conversion.
Airwallex: 69 countries. OFX: not published as a list. Each provider's profile on Finzil lists the countries in full.
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How this page is built: every row comes from the two provider profiles on Finzil, which are taken from each provider's own website, price list and terms (latest check 13 October 2026). Prices and rules change; check them with the provider before you apply. Meeting a provider's published rules does not mean it will approve a particular application. General information, not legal or financial advice.
