World First: A review of the foreign exchange company

Enjoy fee-free transfers when you send a secure international money transfer with World First.

World First is an online money transfer provider founded and based in the UK. Established in 2004, the company aims to offer simple and convenient international transfers that are also much more affordable than the overseas transfer options provided by your bank.

With more than 76,000 clients around the globe, World First offers fee-free transfers whenever you want to send more than £1,000 overseas.

Having handled well over $55 billion worth of international transfers, World First prides itself on customer service. It was named the best customer-facing service business in Europe at the 2013/14 European Business Awards, and also won the 2013 UK Customer Experience Award for Financial Services – Banking and Investment. COntinue reading our review to find out if the international money transfer service is right for you.

Product NameWorld First International Money Transfers
Min. Transfer AmountGBP 2,500
Max. Transfer AmountNo limit
Transfer MethodsOnline, Phone
Transfer Speed
Minimum transfer time
1 - 2 days
Customer ServicePhone, Email
Available CurrenciesAUD, EUR, GBP, JPY, NZD, USD
Online Transfer FeeGBP 0
Phone Transfer FeeGBP 0
Exchange Rate UpdatesReal time

Make a transfer with Azimo

  • Make the first THREE transfers for free using code AZ-FIND
  • Send money to bank accounts, phones or cash pick-up locations
  • Most transfers take less than a day
  • Send money to 195 countries in 60 different currencies

World First exchange rates

World First takes a smaller margin on foreign exchange than the major banks, which means it’s able to offer competitive exchange rates to customers. World First customers can view live market rates, set up rate alerts to monitor the market and also take advantage of economic commentary. Limit orders and forward contracts are also available to allow you to get the exchange rate you need for your transaction.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 2,500 1 - 2 days GBP 0.00 1.112 EUR
Exclusive offer: £0 transfer fee for life
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How much does it cost to transfer money with World First?

  • For personal clients, and online sellers World First does not charge any transfer fees.
  • For business clients fees can range from £0 to £15 per transaction.
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Minimum transfer amount and available countries

The minimum transfer amount that World First accepts is £1,000, or an equivalent amount in other currencies.

World First offers a range of popular and exotic currencies to suit a range of countries across the globe. Some of the most popular include:

  • United Arab Emirates dirham (AED)
  • Australian dollar (AUD)
  • Bulgarian lev (BGN)
  • Canadian dollar (CAD)
  • Swiss franc (CHF)
  • Czech koruna (CZK)
  • Danish krone (DKK)
  • Euro (EUR)
  • British pound (GBP)
  • Hong Kong dollar (HKD)
  • Hungarian forint (HUF)
  • Israeli shekel (ILS)
  • Japanese yen (JPY)
  • Norwegian krone (NOK)
  • New Zealand dollar (NZD)
  • Polish zloty (PLN)
  • Romanian leu (RON)
  • Saudi riyal (SAR)
  • Swedish krona (SEK)
  • Thai baht (THB)
  • Turkish lira (TRY)
  • US dollar (USD)
  • South Africa rand (ZAR)
  • For more details about the countries and currencies that World First transfer with, please visit their website.
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What types of transfers can you carry out with World First?

World First offers the following types of transfers:

  • Customer service. Get access to customer service on a variety of platforms and speak to a representative online, over the phone or through the app.
  • Spot contract. These are one-off transfers that can be placed immediately.Forward contract. This allows you to lock in an attractive exchange rate today for a transfer that will take place up to three years in advance.
  • Regular transfers. This allows you to set up a payment plan to automate your regular international transfers. Transfers can take between 1-2 days.
  • Currency options. Options allow you the security of locking in a rate but also make it possible to benefit when market rates move in your favour.
  • Limit orders. A limit order allows you to specify the exchange rate you want and then let World First monitor the market for you. If your desired rate is achieved, the transfer will be sent.

If you ever need assistance with a transfer, World First offers a handy online FAQ section where you may be able to find the answer you’re looking for. If you can’t, it offers phone, email and live online chat support, with its offices open from 8am to 6pm Monday to Friday.

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The registration and transfer process

Before you can send money using World First you will need to register for a free account. You will simply need to provide:

  • Your full name and contact information, including an email address.
  • Your country of residence.
  • Your residential address
  • Date of birth
  • Proof of ID (e.g. driver’s licence or passport).
  • Details about your money transfer needs.

The next step is to provide full details of your transaction, such as where you are sending the money, how much you’re transferring and in what currency. You’ll also need to supply your recipient’s name and bank account details.

You can choose the type of transfer you would like to place from the list above and then transfer funds to World First from your bank account. World First will convert your Pounds into the recipient’s currency and then send a bank account transfer. Transfers can take between 1-2 days.

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What are the pros and cons of using World First?


  • No fees. Personal customers don’t have to pay any transfer fees when they send money overseas with World First.
  • Award-winning customer service. World First has won multiple awards for its customer service and offers phone, email and online support options.
  • Better exchange rates than the banks. Compare the exchanger rates on offer from World First with those provided by your bank.


  • Lack of information. World First does not provide readily available information about the currencies it supports and countries you can transfer funds to on its website.
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What other products and services does World First offer?

In addition to personal transfers, World First also offers its transfer services to business customers and online sellers. It aims to offer cheap, fast and secure international payments to businesses and provides a range of flexible transfer options. For online sellers, World First aims to make it simple and affordable for you to bring your money home from overseas.

Frequently asked questions

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6 Responses

  1. Default Gravatar
    juliusOctober 5, 2018

    I would like to transfer exactly 11700000 HUF (approx. £32000)to Hungary to a bank account from my UK bank account. The pound sterling seems to be a bit stronger today than it was a few days ago. How can I set up a Spot Contract/Forward Contract to transfer the money in early November?

    • Avatarfinder Customer Care
      JoshuaOctober 9, 2018Staff

      Hi Julius,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      You can set up spot or forward contract with World First by visiting their website. Click on the “Go to site” green button to be redirected to World First’s website. From there, create an account if you haven’t done so. Sign in to your account and from there, you should be able to start setting up your spot or forward contract.

      If you want to know more about forward contracts, please go to this page.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!


  2. Default Gravatar
    DoraAugust 30, 2017

    I would like to know it is possible I transfer money from an UK account to an Algerian account? And the rate is how it show in the exchange sites? Look like unreal. Thanks

    • Avatarfinder Customer Care
      AnndySeptember 5, 2017Staff

      Hi Dora,

      Thanks for your question.

      If you are looking to send money to Algeria, you can check our guide and your options here.

      The exchange rate is based on the real-time rate on the provider’s website.


  3. Default Gravatar
    MaurizioFebruary 16, 2017

    Trying to transfer money from a US bank to a Russian bank account with either a debit or credit card or a US checking account. I need to transfer $100 to family in Russia on a monthly basis, what is the best way to do so?

    • Avatarfinder Customer Care
      MillieMarch 3, 2017Staff

      We would recommend using Azimo or TransferWise for this, please visit these provider pages for more information. If you require more information on how to send money to Russia, please visit our information page here.

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