Transfer money to Europe

Are you sending money to Europe via your bank and looking to save on your next currency transfer? WorldFirst have you covered.

We save you money by offering better exchange rates than the big 4 banks – in fact, we’re up to seven times cheaper than them. When converting your hard earned Aussie dollars to Euros having lower fees* than the big 4 banks will make you glad you chose WorldFirst to transfer with.

Our online platform and app make it simple to manage your currency exchanges, and you also have the opportunity to speak to your dedicated currency specialist for any trickier transfer questions.

Whatever your reason for sending money overseas – buying that holiday home in the south of France, paying for the kids' school fees in Germany, or you might be an expat transferring money home to Italy – WorldFirst have helped thousands of people save money on their money transfers to Europe.

We’d love to help you send money to Europe in a fast, easy and affordable way. WorldFirst make it simple.

Why WorldFirst?

- Great exchange rates for your currency transfers

- Fast international payments

- Award-winning service

- No fees

- Access our online service 24/7

- Segregated client accounts

Have a chat with us today

+61 2 8298 4900

1 800 835 506

How it works

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.*

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 recevied all the trade confirmations from us, you just need to send your money to us by bank transfer or you can pay by debit card. 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.

Sign up

1 800 835 506

+61 2 8298 4900

*Visit our FAQs for more details on fees and charges.

What we offer

Spot contracts

So called because they’re done ‘on the spot’, this allows you to secure a rate and make your payments straight away. This is the ideal option if you’re a busy person and just need to get things moving as soon as possible!

Forward contracts

Like to plan ahead? Then forward contracts are for you. They allow you to lock in an exchange rate now and make your payment later. In fact, you can secure a rate up to two years in advance!

Regular payments

If you need to send money abroad on a regular basis, you’ll want to set up automated payments. You can arrange to do this quickly and easily with us over the phone or online.

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

Send money to Europe

Hallo, hola, ciao, bonjour or maybe just hello. Whatever European destination you’re sending money to, we’ve got you covered.

  • Award-winning customer service and a dedicated currency specialist who is always just a phone call away.
  • Make transfers 24/7 through our app or easy to use online platform.
  • Lock in an exchange for up to two years in advance.
  • Regular transfers for things like mortgage payments and pension/salary transfers.

So, if you’re sending money to Europe and want your money to go further, think WorldFirst for your next currency transfer.

WorldFirst Awards

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.

*20% off Margin. Offer is exclusive to Chartered Accountant members directly or to clients referred by registered WorldFirst Partners who are Chartered Accountant members. Offer is available for new WorldFirst clients only who register between 12am (AEDT) 01/04/2020 and 11:59Pm (AEDT) 30/6/2020 and not available in conjunction with any other offer. Discount rates are valid for the lifetime of client following the successful registration of a new WorldFirst account. Standard compliance and on-boarding process applies. Minimum transfers of AUD $2,000 apply. 20% off pricing/margin is defined as a 20% reduction in the WorldFirst’s standardized pricing/margin groupings. Meaning exclusive pricing/margin brackets are 0.40%, 0.20% and 0.12% dependent on annual transfer volume. More information available at https://www.worldfirst.com/au/.

*Pricing from 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.