The rates on the converter are the "interbank" rates. These are the true market rates - the rates at which banks deal with each other in amounts over $5million. Transactions under that amount will receive slightly lower rates.

Purchases of cash bank notes and travellers cheques will usually receive rates 2-4% under interbank rates because of the increased processing costs of cash handling and postage.

Do not rely on these rates - they are provided for indication purposes only. They are provided by an external source and we cannot guarantee their accuracy, nor are we liable for any loss incurred as a result of relying on these rates.

Please contact us if you would like an accurate rate for your transaction.

World First Pty Ltd holds and Australian Financial Services Licence – Licence No: 331945 – under the Corporations Act 2001 which authorises the company to provide financial services in relation to foreign exchange contracts, derivatives and non cash payments facilities to persons within Australia.

Investing in any of the products contained on this website involves certain risks. Please ensure that you fully understand these risks before investing. If you are in any doubt as to the nature of these risks, please speak with your financial adviser. The website has been prepared without taking into account clients' objectives, financial situation or needs. Before acting on the information contained in this website, clients should consider whether it is appropriate for them, in light of their objectives, financial situation or needs. Clients should also obtain and consider the Product Disclosure Statement and Financial Services Guide before making a decision in relation to the product. The Product Disclosure Statement and the Financial Services Guide can also be found on the company's website at http://www.worldfirst.com.au/australia_legal.html

For your protection, telephone calls are usually recorded.

World First Pty Ltd makes no representations, warranties, or assurances as to the accuracy or completeness of the information and materials provided on this website.

World First Pty Ltd, its officers, employees, representatives or agents shall not be held liable for any damages or injury resulting from your access to, or inability to access this internet site, or from your reliance on any information provided on this site or any accompanying literature or documentation.

The information and material provided on this site do not constitute an offer to sell or the solicitation of an offer to buy, any currencies or securities and must not be relied upon in connection with any investment decision.

Whilst we take reasonable care to keep the information on the website accurate and up to date, there may be occasions when this is not possible.

Case Studies and Examples are provided for your information only and are not intended to predict future moves in exchange rates.

If you are in any doubt as to the suitability of any foreign exchange product that you are intending to purchase from World First, we recommend that you seek independent financial advice first.

The website counter shows the total amount transacted by World First Group. The actual transacted volumes from 2004, 2005, 2006 and 2007 have been calculated. The website counter then increases on the basis of World First transacting $9.24 million per day in a variety of different currencies. This was the average transaction volume for October 2008. This equates to a year's worth of transactions equalling $2.4 billion (from 260 business days), which World First achieved by 31 December 2008.

If you have any queries about this website or any of the information contained within it, please contact us on 1 800 701 540.