Head-to-Head Evaluation
OFX vs Western Union
Which provider is better for sending money to India? Compare fees, foreign exchange rate margins, payout speeds, and indicative net recipient receipts.
Quick Verdict
OFX
Choose OFX if:Transfers over $2,000 & dedicated telephone dealer support. $0 transfer fees on transactions over $1,000.
WU
Choose Western Union if:Cash pickup & extensive in-person agent locations. Extensive physical agent coverage across both urban and rural India.
● Data Status: Indicative Benchmark— Rates and fees can vary. Verify final quotes directly with the provider before sending.
Indicative benchmark snapshot: 1 Sep 2026
Side-by-Side Comparison Table
| Metric | OFX OFX | WU Western Union |
|---|---|---|
| TransferGauge Score | 87 / 100 | 82 / 100 |
| Exchange Rate Model | Retail rate with currency margin | Retail rate with currency margin |
| Transfer Fees | OFX charges $0 transfer fees for amounts over $1,000. Revenue is earned through a margin on the exchange rate, which becomes more competitive on higher-value transactions. | Online fees range from $0 to $5 for bank-to-bank transfers, but higher fees apply for card or in-store cash transactions. A foreign exchange markup is included in the retail exchange rate. |
| Typical Delivery Speed | Transfers typically take 1 to 2 business days as funds move through domestic banking clearing systems. | Cash pickup and UPI transfers funded with debit card can settle within minutes. Bank account ACH transfers take 2 to 4 business days. |
| Receiving Methods | bank | bank, upi, cash |
| Headquarters | Sydney, Australia | Denver, CO, USA |
| Action | Visit OFX → | Visit Western Union → |
Amount-Specific Comparison (USD → INR)
Indicative net rupee payouts across standard transfer tiers based on published fee schedules and indicative benchmark snapshots:
| Transfer Amount | OFX Recipient Receives | Western Union Recipient Receives | Difference (Indicative) |
|---|---|---|---|
| $500 USD | ₹41,414 Fee: $0.00 | Rate: ₹82.83 | ₹41,184 Fee: $2.99 | Rate: ₹82.37 | OFX +₹230 |
| $1,000 USD | ₹82,830 Fee: $0.00 | Rate: ₹82.83 | ₹82,124 Fee: $2.99 | Rate: ₹82.37 | OFX +₹706 |
| $2,000 USD | ₹165,657 Fee: $0.00 | Rate: ₹82.83 | ₹164,736 Fee: $2.99 | Rate: ₹82.37 | OFX +₹921 |
| $5,000 USD | ₹415,400 Fee: $0.00 | Rate: ₹83.08 | ₹411,841 Fee: $2.99 | Rate: ₹82.37 | OFX +₹3,559 |
| $10,000 USD | ₹832,475 Fee: $0.00 | Rate: ₹83.25 | ₹823,681 Fee: $2.99 | Rate: ₹82.37 | OFX +₹8,794 |
Summary Advice
For senders evaluating services on USD to INR transfers, OFX earns our higher TransferGauge Score on standard benchmarks.
Always verify live transfer rates, fees, and delivery rails on provider websites before executing transactions.