World First 2018-02-01T11:24:27+00:00

World First


World First set its foot in the foreign exchange industry in 2004 in London. Today they are one of the most trusted players in money transfer services with offices in 7 countries. Authorized by all the regulatory bodies in these countries, World First ensures safe and secure transfers. They deal with over 120 currencies and charge no transfer fees from private clients and online sellers. For Business clients, the fee ranges from £0 to £15 per transaction based on the frequency and the amounts need to be transferred, which can be agreed upon before you book your order. In order to use their services, the minimum transaction amount needs to exceed £1,000 (or equivalent in other currencies).

World First accepts payments via bank transfer, and for business clients, payment via direct debit is an option available. The transfer to the beneficiary takes about 1-4 days depending on the currency and amount, as well as the bank and country. World First indicates to provide the best exchange rate and also offers a best exchange rate guarantee .i.e. if you get a better rate from their competitors, they would either match it or give a better rate provided all their terms & conditions are met. With the number of awards and an average rating of 4.7/5 on feefo by over 7,000 clients, definitely a name you can’t go wrong with.

Founded: 2004
Headquarters: London, UK
Offices: UK, Netherlands, USA, Hong Kong, Australia, Singapore, Japan
Regulated by: FCA, ASIC, FinCEN
Trading channels: website, mobile app, telephone

reviews on feefo


4.7/5 Excellent

World First Key Features

Pay-in Options bank transfer
Recipient’s Options bank account
Min Transfer Amount £1,000 / €1,000 / $1,000
Max Transfer Amount no max transfer amount
Speed 1-4 days
Transfer Fees no fees / US$10 flat fee*
Exchange Rate varies from 0.5% to 1.3% markup on mid-market rate
Currencies Available 129 currencies

for the US customers only*

$10 flat fee for a personal transfer less than $10,000

no fees when you make a personal transfer exceeding $10,000

World First Review

Transfer Fees

World First waives transfer fees on all transfers regardless the amount for various currencies except US dollar. They charge a small flat fee of US$10 for the transfer amount less than US$10,000, but there’s no fee if the amount exceeds US$10,000.

For business customers, there may be fees which vary depending on how much business you do with World First. For example, a fee from £0 to £15 per transfer applies for the UK business clients.

Exchange Rate

World First offers an extremely competitive exchange rate. Compared with Interbank Rate, their rate ranges are 0.5% to 1.3% lower depending on currency and amount. The average markup on exchange rate tends to be 1%, which is better than most of its competitors.

Delivery Speed

In General, most transfers are completed within 1 to 4 business days.

The length of delivery time depends on currency and country. For example, if you send USD to Australia or New Zealand, it will take 1 day to arrive. While for other currency like XCD, it will take long time up to 4 days.

World First also provides same day delivery for GBP, EUR and USD if they get paid before noon.

User Experience

World First provides full solutions of money transfers for personal, business and online sellers.

Although World First includes live foreign exchange rates on its website, which you can easily find on other places like bloomberg, it doesn’t mean you can get the rates to trade. Like some of its competitors, you will need to sign up for an account and log in to check the rate for your transfer. It’s surprisingly uncomfortable for those who need to compare the rates in advance. But if you want to know transfer fees, its FAQs page is very helpful, answering questions you concern.

The customer service World First offers is 24/7. You can get support either by phone or live chat which located in the right corner of bottom as a floating button. There’s also a dedicated representative serving you for all your transaction after you register as a customer.

With World First, transfer becomes extremely convenient. You can deal with them online or via their app 24/7.


World First Pros and Cons

  • 24/7 customers support

  • 120+ currencies available

  • no max transfer amount

  • more channels – website, mobile app, telephone

  • widely regulated – FCA, ASIC, FinCEN

  • large min transfer at £1,000

  • only registered clients are able to check exchange rate

  • bank account only for recipient, without cash pick-up

More Options