Worldfirst best exchange currency rates
Same day international payments with no payment fees.Dedicated, award-winning customer-service 24/7.Fixed, transparent pricing across spot & forward contracts, firm orders and bulk payments.The ability to collect, hold and make payments globally in over 180 currencies.
Worldfirst best exchange currency rates free#
Personal and business customers alike are all provided with an individual account manager. Each is dealt with by a different team of WorldFirst account managers. WorldFirst’s website segregates itself into two sections - one for business customers and another for personal customers. The points above are added to calculate the "Business Product offering" score. WorldFirst is regulated around the globe including by the FCA, FinTRAC and ASIC. In September of 2014, the company completed its one-millionth transaction. By 2014, the number of WorldFirst employees had grown to 300 and the company opened its second Asian office, in Hong Kong. In 2013, the company’s Singapore office opened, and it grew to 200 employees by year-end. It continued to expand, opening US offices in 2012 in Washington, DC, and was awarded the National Business Award for Customer Focus. During the year the company also won the Service Business of the Year award (part of the Fast Growth Business Awards) and was named a finalist in the National Business Awards for Customer Focus.īy April of 2011, the company’s currency transactions had grown to £5bn and it was once again named as one of the London Times’ ‘Best Companies to Work For’. It finished the year by being authorised as a Payments Institution, and was ranked in the 53rd spot in the Sunday London Times Virgin Fast Track list.Īt the start of 2010, the company was named one of the London Sunday Times’ ‘Best Companies to Work For’, and launched its online platform. The company was awarded the Queen’s Award for Enterprise. In 2009, WorldFirst reached £2bn in currency transactions and launched its automated payments product. The second WorldFirst office opened in Sydney, Australia. The following year the firm reached £1bn in currency transactions and, in 2008, the firm was the first UK-based foreign exchange broker to be granted approval by the FSA to sell currency options. In 2006, WorldFirst launched its corporate desk and hired Sir David Clementi, former Deputy Head of the Bank of England, to serve as Senior Advisor. By the end of its first year, it had booked £43m in currency trades.īy October of 2005, the company reached £100m in transactions and had expanded to eight employees. WorldFirst also offers a ‘best of both’ currency option, which allows customers to lock in a rate ahead of time but permits them to change it if the exchange rate moves when it’s time to make the transaction. Customers can set up a payment plan and choose between converting the payment at the exchange rate offered on the payment date or can lock in a rate ahead of time. If the exchange rate moves, customers may be required to pay more to keep their deposit amount at the agreed-upon level.įor customers who need to make regular currency transactions, WorldFirst offers the ability to automate international payments on a schedule. To initiate this type of transaction, customers need to pay a deposit up-front, with the balance due at the end of the contract. WorldFirst offers a rate lock for up to three years in advance. The ‘buy now, pay later’ option is a forward contract for customers who wish to lock in a specific exchange rate but don’t want to make the transfer immediately. WorldFirst searches for the best rate on the current market (referred to as its ‘price promise’) and offers this rate to the customer. The ‘buy now, pay now’ product is for customers who wish to make an international payment immediately. WorldFirst offers four distinct currency transfer services for individuals based on the customer’s preferred timing of the transaction.