World First Review

World First Fees and Rates

WorldFirst doesn’t charge for personal transfers, but you’ll have to send a minimum of £1,000. The company does charge fees for business transfers, but there isn’t a set amount. Rather, the fee is negotiated with the company. There is also no fee if you’re an online seller transferring funds back to a domestic account. 

Like with any money transfer service, you may still face some charges by the banks you are transferring the money from or to. Keep this in mind when calculating the cost of your transfer. 

The company promises to beat or match any exchange rate offered by your bank and will allow you to lock in a specific exchange rate for a future transfer as far as 3 years in advance. So if you find a fee today that works for your company, lock it in and you’ll be able to enjoy it down the road as well.

How Does It Work?

• First go online or call to set up an account with WorldFirst
• Business customers should contact the company to set up an account 
• Tell WorldFirst your destination for the transfer and the currency needed, and they will send you a quote
• Send your first transfer directly to the company by wire transfer
• The company will make the payment to your beneficiary as soon as the same day, though allow for up to 4 days depending on the destination
• The payment will appear in World First’s name, not yours
• If the payment doesn’t arrive within 4 days, contact the company

How Long Does It Take?

The amount of time it takes for your transfer to arrive depends on a number of factors, including the currency you’re using, the receiving bank and the amount of money. If you’re transferring GBP to GBP or Euros to Euros the transfer should be carried out the same day, thought for other currencies it could take up to four days. If you're sending USD to any country other than the US, you should allow for up to 4 days.

World First Top Highlights

• No fees on personal transfers 
• Easy, no-nonsense billing
• Transfers available to several countries in several major currencies
• If you have a future exchange to make, you can “hold” a specific day’s exchange rate even up to 3 years in advance of the trade
• Can design a special plan for your company’s billings

Customer Support

World First doesn’t provide 24/7 customer service, but you can get reliable assistance during regular business hours through 2 separate customer service numbers. In addition, you can also send an email or try the live chat on the website. Chances are good that you can find answers in the online knowledge base as well.

Privacy and Security

WorldFirst says that when users register they agree to let the company handle their personal information, which may be passed on to regulatory bodies and law enforcement in the event there is a reason to do so. The company uses secure servers to store all customer information, which is also kept encrypted. WorldFirst also uses computer safeguards and secured files and buildings. 

Bottom Line

WorldFirst is a reliable, easy-to-use domestic and international money transfer service that allows you to send money to several countries around the world. And while the selection of destinations isn’t as broad as some, the company makes it very easy to set up an account and start making payments around the world. In addition, World First has a very simple pricing plan that shouldn’t give you too many headaches.