World First has been awarded a 5-star rating for Outstanding Value in International Money Transfers by CANSTAR, Australia’s premier financial data provider helping consumers make better financial decisions.
The 5-star award for the World First was announced on Tuesday 8 November 2016 in CANSTAR’s annual ratings for International Money Transfers in the Australian market.
Experts in international currencies and money transfers, World First combines specialist knowledge of foreign exchange markets and technical innovation to help individuals and businesses manage cross border currency payments quickly, securely and transparently.
In the consumer market, World First helps people with their international payments and transfers for reasons like planning destination weddings, buying houses or personal effects overseas, setting up new lives abroad, paying off loans and mortgages somewhere else in the world or moving their salary back into the country.
“I am thrilled that World First has been formally recognised by CANSTAR for our approach of putting customers first and offering exceptional rates. Transparency, service and value are the essence of what we provide and to be rated 5 stars is a real testament to not just what we do, but how we do it,” says Andrew Porter, Managing Director Australia for World First.
— World First AU (@World_First_Au) November 8, 2016
The CANSTAR International Money Transfer star ratings is a sophisticated and unique ratings methodology that compares both Cost and Features to complete a money transfer to an overseas bankaccount.
Within the International Money Transfers star ratings, all Australian Authorised Deposit Taking Institutions (ADIs) that offer International Money Transfers are considered, as well as a selection of International Money Transfer service providers who are not ADIs.
Each provider reviewed for the CANSTAR International Money Transfer star ratings is awarded points for its comparative pricing and for the array of positive features attached to the product. These features include the availability of facilities, coverage on currencies and consumer resources available.
“The Big 4 Banks have been failing Australians for far too long when it comes to international money transfers,” Mr Porter continued. “World First can back up our high tech systems with a high-touch customer service approach, which ensures that we handle money transfers with speed, integrity and at an exchange rate that will leave more in our customer’s back pocket.”
Founded in London in January 2004, World First has steadily grown and in December 2008, an Australian office was opened in Waterloo, Sydney.
Starting with only 4 people, the Australian office has grown into a team of 57 based in the Sydney CBD, helping Australians get a better deal on their international money transfers.
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