Security of your money
We take the security of your money very seriously. That's why we provide all the information you need to check up on us. We recommend that you always check out any financial institution you're thinking of entrusting your money to.
WorldFirst was established in 2004 and currently employs over 600 people in London, Sydney, Austin, Hong Kong, Amsterdam, Singapore, Tokyo and Shenzhen. Over past decade we’ve have helped hundreds of thousands of individuals, businesses and online sellers transfers billions of dollars around the globe.
Client assets, financials and ratings
Ensuring the safety and security of your money is central to our business. We comply fully with ASICs Client Money regulations and ensure your funds are appropriately segregated from business funds in line with requirements.
We keep approximately a substantive amount of collateral with our banks as security against transactions. When you enter into a transaction with us, we typically enter into a matching irrevocable covering deal with our bank. It is this transaction that turns your sold currency into your bought currency and from which your outward payment is made.
Our two main transaction banks are Barclays and Citibank. We additionally hold client accounts with Royal Bank of Scotland (UK) and CommerzBank (Germany).
Our financial position
The World First Group* is in a positive financial position and we are totally transparent about our financial statements. We have grown every year since our business was founded.
We have professional indemnity insurance which covers and protects the companies in the World First Group.
We have a 3A2 Credit Rating from Dun and Bradstreet. Dun & Bradstreet are the global ratings agency. Our DUNS number is 73-765-1252. You can look this up on the Dun & Bradstreet website.
We're always happy to provide references from existing clients - please ask and we'll put you in touch. We'll always try to provide a referee who lives near you or for corporate clients a company in a similar field of business.