Keeping your money safe
Sending money abroad is a big deal, we know that. The good news is that the safety and security of your money is as important to us as it is to you.
It’s good practice to check out any financial institution you’re thinking of working with. And that’s why we provide all the information you need to check up on us.
Client assets, financials and ratings
World First UK Limited is authorised by the Financial Conduct Authority ("FCA") as an Electronic Money Institution under the Electronic Money Regulations 2011. Our FCA Firm Reference number is 900508.
Ensuring the safety and security of your money is central to our business. We comply with the regulations and ensure your funds are appropriately safeguarded and segregated from business funds in line with the requirements. We maintain high levels of capital and have a 3A2 credit rating from Dun and Bradstreet.
World First never speculates on the currency markets. When you enter into a transaction with us, we enter into a matching irrevocable covering deal with our bank. It is this transaction that turns your sold currency into your bought currency and from which your outward payment is made.
Our two main transaction banks are Barclays and Citibank.
Our financial position
World First UK Limited is in a very strong financial position and we are totally transparent about our financial statements. We have grown every year since our business was founded.
We have professional indemnity insurance which covers and protects the companies in the World First Group.
You can view our consolidated financial accounts below or download last year's accounts (audited by EY).
We have a 3A2 Credit Rating from Dun and Bradstreet. Dun & Bradstreet are the global ratings agency. Our DUNS number is 73-765-1252. You can look this up on the Dun & Bradstreet website.
We're always happy to provide references from existing clients - please ask and we'll put you in touch. We'll always try to provide a referee who lives near you or for corporate clients a company in a similar field of business.