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What is a transfer company? What is the transfer experience like on OKLink?

Last Updated: Mar 02, 2017 10:22AM CST

Transfer companies are those that accept transfer instructions and funds from money senders. With OKLink, transfer partners have the ability to initiate the money transfer to any of the supported countries on the OKLink network.
 
On OKLink, the transfer partner can initiate the transaction by making an order and supplying the required details: payout destination, settlement currency, delivery method (bank account or cash pickup), transfer amount. OKLink will then calculate all of the currency conversions and provide details on the exact amount the recipient will receive as well as how much OK Dollars will be required to settle the transaction. OK Dollars are available for purchase at a rate of 1 to 1 with USD.
 
Once the order has been made, OKLink will instantly match the transfer instruction with the best delivery partner in the recipient country and put them to work. In most cases, the receiver will be notified and have received funds via bank account/cash within 10 minutes. 

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