Funding via POLi means you skip the need to fund your AUD wallet and your money goes direct from your current (local) bank and directly to your USD wallet. With POLi you have two funding options, Express or Regular. POLi Express allows you to receive your funds before the next market open (provided you’ve funded before 4pm AEST).
When you fund your account via POLi, you'll know the amount you'll be transferring (in AUD) and an estimate of what you'll receiving (in USD) before committing to a transfer. As soon as the transfer is confirmed, we send you the rate by email and update your Transaction Log with the rate and transfer details.
With POLi you'll enter a secure portal to access your local bank account and make a direct payment of AUD to OFX and your USD wallet will be credited with the confirmed amount in 1-2 business days.