1st Contact Forex International Transfer Review

1st-contact-logo

Send a hassle-free international transfer with low fees and a favorable exchange rate.

Make a quick, secure and cost-effective money transfer without setting foot in a bank. Conduct your transaction online in three easy steps with excellent rates and low fees. 1st Contact also offers regular promotions, including “refer a friend” and getting your fifth transfer for free.

See how other services compare to 1st Contact Forex

I want to send

to

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com privacy policy
Ofx Logo

Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting
Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Services Amount Received Description CTA Details
World First Foreign Exchange
USD 1,000 1 day USD 0.00 17.605 Online MXN 88,026 Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.
Go to site View details
TransferWise International Money Transfers
USD 1 1 day USD 75.00 17.667 Online MXN
87,010
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site View details
OFX International Money Transfers
USD 150 1 day USD 0.00 17.596 Online, Bank Account to Bank Account MXN 87,982 Send safe, no-limit transfers with no fees and competitive exchange rates. Go to site View details
HiFX International Money Transfers
USD 50 2 days USD 5.00 17.587 Online MXN 87,849 Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000. Go to site View details
Currencies Direct International Money Transfers
USD 100 1 - 2 days USD 0.00 17.49 Online, Phone MXN 87,452 $0 transfer fees with rates at never more than a 2% markup. Go to site View details
Do you send money often? Track this rate with tailored alerts direct to your inbox

Compare up to 4 providers


1st Contact Forex exchange rates and fees

Exchange rate. 1st  Contact’s exchange rates fall between the interbank rate (the truest exchange rate) and the rate offered by big banks. They are able to undercut the big banks and pass the savings on to you in the form of great rates. While the rates on their site are updated throughout the day, they must be viewed as indicative only.

Transfer fee. 1st Contact’s transfer fee is determined by the amount of the transfer and the destination.


Available currencies

  • AUD
  • GBP
  • BGN
  • CAD
  • CZK
  • EUR
  • HKD
  • JPY
  • NZD
  • NOK
  • PLN
  • QAR
  • RON
  • SGD
  • ZAR
  • LKR
  • SEK
  • CHF
  • THB
  • AED

The registration and transfer process

  1. Register. Register online in under two minutes. And there is no obligated to use the account once you have registered.
  2. Activate. Once you register you will receive an email requesting scanned or photographed copies of your passport and proof of your physical address.
  3. Transfer. Log into your account. Confirm the amount you want to transfer, the currency and the recipient’s details. Pay for your transfer, and once 1st Contact receives the funds, they’ll process your transfer.

What are the pros and cons of using 1st Contact Forex?

Pros

  • You can get better exchange rates when compared to most banks
  • Every fifth transfer you make using 1st Contact Forex does not incur any fees
  • There is no minimum transfer amount

Cons

  • Your recipient cannot pick up the transfer as cash
  • 1st Contact is not the fastest method of making an international money transfer

Real questions from past users

Once they have received all of the necessary documentation associated with the transaction and your funds have cleared in their client account, the converted funds will be credited to your nominated overseas account within one to three working days.

There is no minimum or maximum amount that you can transfer.

1st Contact uses Secure Socket Layer (SSL) 128 bit encryption to protect your transaction details. This 128 bit encryption is the latest and strongest data encryption technique commercially available.


Using 1st Contact Forex to send money overseas can lead to savings. However, it is important that you compare your options first.

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and our Privacy Policy.

US International Money Transfers Offers

Learn about our information service
HiFX International Money Transfers

Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.

WorldRemit International Money Transfers

Use promo code FREE to send your first transfer for no fee, to over 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

feedback