Spot contracts explained
A spot contract is the simplest form of international payment. We’ll offer you a rate based on a live market rate (or "spot") and you can choose whether or not to transact then and there.
With a spot contract you can make a payment very quickly; as soon as you’ve agreed your rate and we’ve received cleared funds, we then take care of the rest.
Find out the key benefits of choosing WorldFirst for your spot contracts below.
We’ll get your money there fast – in many cases on the same day or next working day for major currencies.
Transparent pricing with no hidden fees, you’ll always know exactly what you’re paying.
Make transfers online 24/7 or via your dedicated account manager.
Book a spot contract with WorldFirst in 3 simple steps
Secure a rate
Once your account is set up, tell us who to pay and in what currency and we’ll quote you a rate.
You can access rates either online or by phone.
Send us your money
Make your payment
Once we’ve received your cleared funds we’ll send your onward payment. Depending on the currency and the destination, payments can arrive on the same day.
Businesses trust WorldFirst
- Almost 1,000,000 businesses have sent $150B around the world with WorldFirst and its partner brands since 2004
- Your money is safeguarded with leading financial institutions
