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What is the Interbank rate?

Foreign currency values fluctuate constantly. When WorldFirst refers to the Interbank Rate, we mean the rate that banks use when they transfer currencies between each other.

The Interbank Rate changes by the second. When a bank publishes their buy/sell rate for a currency pair, a margin of up to 5% is usually added to the Interbank Rate. WorldFirst allow you to transfer your money overseas at a much lower margin than the big banks by adapting to ongoing market changes and leveraging off our global network.

So what are you waiting for?

Whatever you do now, or will do in the future, we can help you make the most of your money.

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+61 2 8298 4900

1 800 835 506

World First Pty Ltd is a designated remittance provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC), remittance sector registration number: IND100192523-001. Regulated by the Australian Securities and Investments Commission (ASIC), Australian Financial Services Licence (AFSL) number 331945. Australian Company Number (ACN) 132 368 971. Member of the Australian Financial Complaints Authority, membership number 13405.

*Up to seven times cheaper messaging is based on transfers for sums of AUD100k and AUD200k and the transfer directions include AUD to GBP, AUD to USD, AUD to EUR, AUD to NZD and AUD to SGD. Fees not included. Please refer to our disclaimer for further details.