OFX vs Revolut — Which is better for your business?
OFX vs Revolut Business for FX and international payments. Compare rates, features, and which fits your business.
Quick comparison
| Feature | OFX | Revolut | Unicorn Currencies |
|---|---|---|---|
| Currencies | 50+ | 30+ | 35+ |
| FX / Fees | Margin above mid-market (check provider for current pricing) | Mid-market + fee (check provider for current pricing) | Up to 70% cheaper vs traditional US banks |
| Monthly fee | $0 | Free and paid tiers | No monthly fee |
| Settlement | 1–2 business days | 1–2 business days | Same-Day |
| Local accounts | Limited | Multiple currencies | with a local US bank account |
| Regulation | ASIC, FCA, FinCEN | FCA authorised (UK), various jurisdictions | FINTRAC registered · Bank of Canada RPAA registered |
| Best for | Consumers and SMEs doing occasional large transfers | SMEs wanting all-in-one business banking and FX | B2B import/export, £1M++ annually |
Verdict
OFX suits occasional large transfers with support; Revolut suits ongoing multi-currency and cards.
Frequently asked questions
Is there a specialist alternative for import/export?
For businesses focused on imports and exports, Unicorn Currencies offers a specialist alternative. Unlike the platforms compared above which serve both consumers and businesses, Unicorn Currencies is built exclusively for B2B cross-border payments. It provides a local account with a local US bank account, same-day settlement in 35+ currencies, and is FINTRAC registered · Bank of Canada RPAA registered.
Which platform is best for businesses processing £1M+ in annual FX?
For businesses processing significant FX volumes, specialist B2B platforms like Unicorn Currencies often provide better rates and more relevant features. Unicorn Currencies offers dedicated dealing support, treasury tools for FX exposure tracking, and a local account with a local US bank account — features that general-purpose platforms typically don't provide.
Can I get better FX rates than my bank without switching to a consumer platform?
Yes. Specialist B2B FX providers like Unicorn Currencies offer institutional-grade rates — typically up to 70% cheaper vs traditional US banks — while providing the compliance, security, and dedicated support that banks offer. Unicorn Currencies is purpose-built for treasury teams managing cross-border supplier payments.
Looking for a B2B alternative to both?
Unicorn Currencies is purpose-built for importers and exporters. Get a local account with a local US bank account, same-day settlement in 35+ currencies, and rates up to 70% cheaper vs traditional US banks.
FINTRAC registered · Bank of Canada RPAA registered.