How to transfer money overseas

Wherever in the world you're moving your money to, our amazing customer service and easy-to- use online system will ensure the whole process is stress-free. From AUD and USD, to EUR and NZD, WorldFirst will give you a great exchange rate, all because we take a smaller margin than the banks. That means more money in your pocket as opposed to paying extra for currency exchange - just as it should be.

So the next time you're looking to send money worldwide, why not use one of the leading forex brokers in the Australia? WorldFirst.

How it works

It’s easy to start making payments with WorldFirst. Once you’ve opened an account, one of our specialists will work with you to find the right solution for your needs and we won't charge you a cent.**

We’re here to help reduce any hassles or worries about exchange rates and market fluctuations, and here's how it works:


1. Make an international transfer

Once your account is set up, you just need to tell us how much you want to send, who you want to pay and which currency you want to pay in. Then we'll quote you a rate. Simple.

2. Send us your money

When you have booked your rate and received all the trade confirmations from us, you just need to send your money to us by bank transfer. And guess what, there's no fee!

3. We make your payment

Put your feet up and we'll do the rest - convert your funds and send the money to the account you requested. Done and dusted.

+61 2 8298 4900

1 800 835 506

** It’s free to open an account and we don’t charge fees for receiving money or any ongoing subscription costs. Please visit our FAQs for more details.

Choose your currency transfer type:

Business transfers

For your business

Book spot & forward contracts, online or by phone. Open local currency accounts around the world, quickly and for free.

Online sellers

Online seller transfers

Repatriate your international marketplace earnings with our local currency accounts in GBP, USD, EUR, CAD, JPY, AUD, SGD, NZD, HKD & CNH.

personal transfers

Personal transfers

Buying a place abroad? Bringing home overseas income? Secure a competitive rate for now or a future date, online or by phone.

Fees and charges

When we work with businesses there are no fees on any transfer amount.

We'll try to help make sure all your money gets to where it needs to by covering correspondent and receiving charges where we can.

* It’s free to open an account and we don’t charge fees for receiving money or any ongoing subscription costs. Please visit our FAQs for more details

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.

Sign up for free now

+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.

If you’re considering making a foreign exchange transaction, or you’re a new or existing customer looking for more information, it’s important your read our PDS available online.

*0.50% or less applies to 25 of our major and most popular currencies.

Price match applies if it doesn't result in a loss for us, we'll match it.

Many banks and payment providers frequently claim to offer “fair” and “transparent” pricing, yet the reality is something very different. Our 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. The comparison table shows the spread applied by the competition to transfer amounts of AUD 1,000, 10,000 and 50,000 into EUR, USD and GBP.

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 (0.50%, 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 up to 8 times cheaper than the banks

When we collect data from providers, we do it using different “amounts” such as $1,000, $10,000 and $50,000 where possible. For our data we have focused on the top currency pairs in Australia: GBP to USD/EUR/AUD.

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. We take our spreads and divide by the average spreads of the big 4 banks. 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.