HIGHLIGHTS
WorldFirst is an online foreign exchange company that offers money transfer services to individuals and businesses around the world. Customers can choose from a number of foreign currencies to convert to any other currency and transfer internationally. WorldFirst promises a better exchange rate than banks, resulting in savings of up to 4% of the amount being transferred.
Making international payments and money transfers is easy with WorldFirst. Customers simply have to create an account, book a rate, and send their amount via bank transfer. WorldFirst takes care of the rest; it converts the funds to the desired currency and sends the money out to the recipient, who receives the funds in 1 to 4 days.
Based in the United Kingdom, WorldFirst started back in 2004 and has helped tens of thousands of individuals and businesses transfer money safely ever since. WorldFirst is registered as a Money Services Business in the US with FinCEN and has a 3A2 credit rating from Dun and Bradstreet. Dedicated to understanding the money transfer needs of its clients, WorldFirst boasts a 99% customer satisfaction rate thanks to its excellent exchange rates, low or nonexistent transfer fees, and outstanding customer service.
Note: Transfer time usually takes between 1 and 4 days depending on the currency being transferred, even though payments are sent out on the agreed date. Customers sending USD to another country should expect up to 4 days for their fund to reach the recipient.
What's Good About WorldFirst
 | Mid Market Exchange Rate. |
| | No Fees on any transfer over $10,000. Under $10,000 and its only $10. |
| | Offer the World First Price Promise so that if you do manage to find a more favorable rate - they'll better it. |
| | Buy Now, Pay Later: If you want to lock in a rate but aren't ready to make a transfer - fix it up to 3 years in advance. |
FEATURES (Currently showing rates for USA to IND change )
- ACH Transfer
- Wire Transfer
EDITORIAL REVIEW
WorldFirst is an online foreign exchange company that allows customers to make international payments and money transfers easily, securely, and at a better exchange rate. Established in 2004, WorldFirst has since gained outstanding customer reviews, prominent awards, and has made billions of dollars in transactions.
WorldFirst founders Jonathan Quin and Nick Robinson started the company back in 2004 in the basement of a London home. In just a little over a year, they had reached nearly £100 million in transactions. In 2008, WorldFirst became the UK’s first foreign exchange broker to sell currency options. The company has gained numerous awards and today has offices worldwide, in countries including the UK, Australia, and Singapore.
WorldFirst features a straightforward three-step system for transferring money internationally. After creating their free account, customers must simply book a rate and send their amount, and then WorldFirst sends the money out to the recipient. Payments are sent on the date specified by the customer, but it may take up to 4 days for the funds to reach the recipient. WorldFirst also specializes in business transfers, helping business organizations more easily pay salaries, make supplier payments, or handle importing and exporting.
Exchange rates are based on the Interbank Rate, from which WorldFirst takes a much smaller margin than banks, saving customers up to 4% of their amount transferred. For personal transfers, customers are charged zero fees for transactions over $10,000 and only a small $10 fee for those under $10,000. WorldFirst even gives customers the option of locking in an exchange rate up to three years before transferring and offers the option to set up recurring payments.
Featuring other customer benefits such as smart watch and smart phone accessibility, live rates and graphs, and exchange rate alerts, WorldFirst is one of the largest foreign exchange companies in the UK and is expected to see continued growth in its worldwide recognition, success, and innovation as a leading company in the industry.
USER REVIEWS
* Very slow transfer process * Inflexible rate, you have to call and get a quote and lock the rate offered * poor customer service * no instant transfer status update, you have to call them and check repeatedly * lot of documentation, which is not required by other websites I initiated a transfer from World first and then by Transferwise on 17th Jan 2018 I received the money from Transferwise on 18th and was able to utilise the live exchange rates World first money has not reached my account as of 19th Jan I created an account and did a transfer from Remitly on 19th at 9:35 AM and money was there in my India account by 11:20
0 * Very slow transfer process * Inflexible rate, you have to call and get a quote and lock the rate offered * poor customer service * no instant transfer status update, you have to call them and check repeatedly * lot of documentation, which is not required by other websites I initiated a transfer from World first and then by Transferwise on 17th Jan 2018 I received the money from Transferwise on 18th and was able to utilise the live exchange rates World first money has not reached my account as of 19th Jan I created an account and did a transfer from Remitly on 19th at 9:35 AM and money was there in my India account by 11:20
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