Business runs as usual. Read the latest update on our COVID-19 response from our team.

Select country/region

繁體中文 English

简体中文 English

日本語 English

Français English

Nederlands English

Business
Personal
Online sellers
Products
Rates & tools
Login

Request a callback from WorldFirst

Request a call back

^ Back to top ^

Help & Support
Contact us
Security of your money
Two factor authentication
Online security
FAQs
Complaints

About WorldFirst
About us
Careers at WorldFirst
Press & awards
Subscribe to our emails
Customer reviews

Legal
Regulatory info
Disclaimer policies
Best rate guarantee
Cookie policy
Privacy policy
Website terms of use
Fraud awareness guide
Criminal finances statement

Products & Services
Online seller account
Corporate account
Personal account
Marketplaces
Amazon
Xero

Guides
Transfer money to Australia
Transfer money to USA
Transfer money to UK
Guide to foreign exchange
How-to guides

Partner with us
Partnerships
API

Our blog
Economic update
Selling online
Your money
International business

Social
Facebook Twitter YouTube LinkedIn

Disclaimer

*Pricing from 0.50% or less / as low as 0.15% or 0.10% applies to Majors: AUD,CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD. Contact us for all other currencies where we will provide competitive margins.

^Fees apply for same currency and some business transactions.

1. The spread

The spread is the percentage difference between the exchange rate we source 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 (0.5%, 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 3 times cheaper than the big 4 banks

'Up to 3x cheaper' messaging based on publicly available rates promoted on websites’ of DBS, UOB, OCBC, Citibank and Maybank, compared in the period between July and August 2018, on transfer volumes of under $50K and over $50k on currency pairs USD/SGD, GBP/SGD and AUD/SGD 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. 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.