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UP TO 85% CHEAPER THAN THE COMPETITION*

Transfer amount >> £0-£500k £500-£5m £5m+
Margin charged >> 0.5% 0.25% 0.15%

Save even more money on your transfers with our new tiered and transparent pricing.

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Faster

We’ll get your money where it needs to be as quick as possible – in most cases, the same day. Manage your international payments online or by phone knowing our expert advisors are here to help 24/7.

Safer

We are FCA authorised so you can rely on us to transfer your money with ease and security.

Cheaper

With no fees, you will benefit from a fixed spread based on our new simple and transparent tiered pricing up to 8 times cheaper than the banks.

Tranfer amount >> £0-£500k £500-£5m £5m+
Margin charged >> 0.5% 0.25% 0.15%
Transfer amount WorldFirst High street banks (Santander, HSBC, Natwest, BoS)† Saving
£2k - £500k 0.50% 3.80% WorldFirst - up to 8 times cheaper
£500k - £5m 0.25% 2.20% WorldFirst - up to 8 times cheaper
£5m+ 0.15% Not available Not able to compare

Faster

We’ll get your money where it needs to be as quick as possible – in most cases, the same day. Manage your international payments online or by phone knowing our expert advisors are here to help 24/7.

Safer

We are FCA authorised so you can rely on us to transfer your money with ease and security.

Cheaper

With no fees, you will benefit from a fixed spread based on our new simple and transparent tiered pricing up to 8 times cheaper than the banks.

Sign Up >

Choose WorldFirst for your international transfers

Whether you are sending your salary back to the UK, paying tuition fees abroad, or transferring money overseas, there has never been a better time to transfer your money with us.

See how our pricing compares against some of the major high street banks 

We’ve standardised your pricing by assigning a fixed spread based on our customers’ annual trading volumes. This means you’ll always know ahead of time what rate you’ll receive on every trade.

† Average

Many banks and payment providers frequently claim to offer “fair” and “transparent” pricing, yet the reality is something very different.

Our revolutionary, new pricing aims to provide both new and existing customers with fair, simple and transparent pricing, using 3 clear FX pricing bands.

This will allow both our new and existing customers to explicitly compare WorldFirst to our competitors.

Choose WorldFirst for your international transfers

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We’ve always offered high-quality products and services to our clients to meet the needs of an increasingly global marketplace. Our rates have always been competitive, but our recent acquisition by Ant Financial has enabled us to invest, scale and reduce costs to further benefit our clients. We firmly believe that our fully transparent rates, combined with our award-winning service, will transform our growth and most importantly, significantly enhance our customer's experience.

By cutting our prices, we’re able to provide you a very competitive FX rate below most banks. This is just the first step in a series of upcoming developments set to launch over the coming months as we continue to evolve and improve our proposition to create the next generation of products to that help our clients thrive in a globally connected economy. We’re still combining our expertise with highly-rated services to become a truly trusted partner for our clients.

There are three bands (A, B and C), and each is based on the annual volume a customer will trade with WorldFirst. Bands are allocated and reviewed by trading teams periodically. See below for more detail.

Annual transfer volume >>

£0-£500k

£500k-£5M

£5M+

Margin charged >>

0.5%

0.25%

0.15%

Our new pricing places us up to 85% cheaper than competitors. See below for more detail.

Within our industry, it is common to see claims offering “fair” and “transparent” pricing, yet the reality is something very different. With rates negotiated case by case and deal by deal, it’s incredibly difficult for customers to determine exactly what they will pay, as the FX spread paid today may not be the same one they get tomorrow. That’s why our revolutionary new pricing model aims to provide both new and existing customers with fair, simple and transparent pricing, ensuring they always receive the same single spread, known ahead of time, based on a tiered structure.

Whether you are an existing WorldFirst customer or a new one who just joined the family, your spread will be automatically reviewed, and you will be allocated a new pricing band based on your annual trading volume. You don’t need to do anything, simply continue trading with us and keep saving money! As usual, our team of experts are here to help, so don’t hesitate to contact us if you are not clear or require further help.

The new pricing will be applied across the following 27 currencies. For more information on currency combinations, contact your account management team and they’ll be delighted to help.

Frequently asked questions

If you can’t find your answer here, please contact us via phone or email.

Full FAQs

£2k - £500k

£500k - £5m

£5m+

Unavailable

Not able to compare

3.80%

WorldFirst - up to 8 times cheaper

WorldFirst

0.50%

0.25%

0.15%

WorldFirst - up to 8 times cheaper

Saving

Annual transfer amount

High street banks*

(Santander, HSBC, Natwest & BoS)

2.20%

See how our pricing compares against some of the major high street banks

We’ve standardised your pricing by assigning a fixed spread based on your annual trading volumes. This means you’ll always know ahead of time what rate you’ll receive on every trade.

Our revolutionary, new pricing aims to provide both new and existing customers with fair, simple and transparent pricing, using 3 clear FX pricing bands. This will allow both our new and existing customers to explicitly compare WorldFirst to our competitors.


See how our new transparent pricing compares against some of the competition:

WorldFirst Highstreet banks^ FX specialist
HSBC Lloyds Santander PayPal OFX
Band A £0k - £500k 0.50% 1.24% 2.17% 1.09% 3.68% 0.90%
Band B £500k - £5m 0.25% 0.71% 1.50% 0.81% Comparison data not available
Band C £5m+ 0.15% Comparison data not available

^*Weighted average

Many banks and payment providers frequently claim to offer “fair” and “transparent” pricing, yet the reality is something very different. Our revolutionary new pricing model aims to provide both new and existing customers with fair, simple and transparent pricing, using 3 clear FX margin bands margins (0.5%, 0.25% and 0.15%) with no hidden fees. With transparent pricing our customers and potential customers can clearly compare WorldFirst to our competitors.

How do we collect this data?

WorldFirst obtain price comparisons from other international payment providers’ websites, at specific dates and time using a third-party supplier FXC Intelligence . The comparison table shows the spread applied by the competition to transfer amounts ranging from GBP 1,000, to 1,000,000 across four currencies EUR, USD, HKD and AUD, where possible.

1. The spread

The spread is the percentage difference between the exchange rate we buy our currency at and the rate at which we sell it to our customers. We at WorldFirst take a smaller spread than most banks and other currency companies, and pass this benefit on to our clients, making all our transfers simpler and more transparent.

2. The cost of international payments

For each pricing band we look at the FX spread applied. This is what we use to compare against our fixed bands of (0.5%, 0.25% and 0.15%).

When researching and making comparisons it is important to know if any additional transaction charges will be applied such as payment fees or account management fees. For most customers WorldFirst does not apply additional fees to make payments or to maintain an account with us. If any fees are applicable these will be made clear to you in advance

3. How do we work out a comparison for exact amounts that we haven’t collected?

When we collect data from providers, we do it using 8 different “amounts” from£1,000, to £1,000,000 for example. For our data we have focused on the top currency pairs in the from the UK: GBP to USD/EUR/AUD/HKD. – Based on data 05/08/2019 - Updated 06/08/2019.

Because the WorldFirst fixed pricing tiers are based on annual volumes transacted by our customers, we have averaged out the spreads applied by competitors to transactions of differing amounts in those tiers to calculate an average spread. This average percentage is calculated with the actual spread data collected from these named competitors. 

This is important, because providers tend to offer better exchange rates and smaller transfer fees when a customer is moving larger sums of money.

What all this means for you

Other money-transfer providers may have variable spreads across different currencies, whilst WorldFirst now has fixed spreads, agreed ahead of time, making it easier to compare.

Average vs Weighted Average?

A weighted average is extremely useful in that it allows the final average number to reflect the relative importance of each observation and is thus more descriptive than a simple average. It also has the effect of smoothing out data thereby enhancing accuracy. Source https://www.investopedia.com/terms/w/weightedaverage.asp

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Band A: Based on £10k GBP ->USD, GBP->EUR, GBP->AUD -Price as of 04:51GMT, 5 Jul 2019 - and - Based on £1k GBP ->USD, GBP->EUR, GBP->AUD -Price as of 04:51GMT, 5 Jul 2019

Band B: Based on £500k GBP->USD, GBP->EUR, GBP->AUD -Price as of 04:51GMT, 5 Jul 2019

Whether you are sending your salary back to the UK, paying tuition fees abroad, or transferring money overseas, there has never been a better time to transfer your money with us