We would usually expect to give you an exchange rate between 0.25% and 2% better than your bank. This means you will save 0.25% and 2% of the value of your transaction. The following calculator will estimate the saving you will make:
Please call us on 1 800 701 540 for an indicative exchange rate
How can World First offer better exchange rates than the banks? The banks generally take large margins from the "interbank" rate. By aggregating all our client transactions, (we will transact over $3 billion in 2009), which enables us to access the interbank market. We simply take a smaller margin from this rate and pass the saving onto our customers.
World First will give you one free international payment with every transaction over $25,000. Fees for payments under $25,000 or additional payments on transactions over $25,000 are $25. We can also avoid correspondent and receiving charges in most countries. This can save you a considerable amount in certain countries.
Many people are unaware of the risks involved in the currency markets. World First can help you avoid or minimise these risks by offering forward contracts