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WORLDFIRST CURRENCY RATES OF EXCHANGE HOW TO
How to make an international money transfer with WorldFirst Use these to execute a money transfer when your ideal exchange rate is met. Set up automated payments online or over the phone. Lock in today’s exchange rate and schedule a transfer now for up to two years later. Make a one-time transfer at the time of payment. WorldFirst offers four main transfer types to help you get the most out of your transaction. What are the ways I can send money abroad with WorldFirst? WorldFirst cannot give you a rate better than the rate at which it buys the currency.
You must have the quote in writing or email to send to WorldFirst within three hours of receipt.You must have an active trading account with another provider.Let WorldFirst know how much money you’re looking to transfer and the rate you were quoted, including the time of day you received the quote.
If you get a better quote from another international transfer service, WorldFirst will beat it. WorldFirst claims its exchange rates are up to eight times better than the Big Four banks, and backs this up with WorldFirst’s Best exchange rate guarantee. For the other, less popular currencies, you won’t pay more than about 1% on top of the exchange rate. On the most popular currencies, WorldFirst guarantees that the margin will only be 0.5% on top of the exchange rate. This means WorldFirst’s exchange rate won’t be as good as the one you can see on Google or the news. WorldFirst adds a margin to the mid-market exchange rates. WorldFirst encourages you to speak to its customer service team to find out what the fees would be for your prospective transfer. Typically, FX transaction fees are up to 0.75% and payment fees range between £1.50 and £15. WorldFirst charges a fixed FX fee and a small payment fee. You can set up regular transfers but only to accounts in your own name. You can check out other money transfer providers that offer cash pickup here. Transfers must be sent to your recipient’s bank account. WorldFirst only caters to international money transfers for businesses. WorldFirst has most of the major currencies covered, but not all of the smaller ones. You won’t be able to use your credit card or debit card to pay for a money transfer.
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