World First review: International money transfers

Enjoy competitive exchange rates and the potential for fee-free transfers when you send money overseas with World First.

World First is an online money transfer company that offers simple and affordable international money transfers. It takes pride in providing award-winning customer service, with help on hand should you have any questions about a transaction.

World First offers multiple options for making transfers, like forward contracts and recurring payments. They also provide fee-free transfers when you send $10,000 or more overseas.

But because World First is a trusted partner of, our readers will pay nothing for all eligible transfers. Simply click “Go to site” to take advantage of this exclusive offer.

Product NameWorld First Foreign Exchange
Min. Transfer AmountUSD 1,000
Max. Transfer AmountNo limit
Transfer Methods
Transfer Options
Regular paymentsOne off paymentsForward contracts
Transfer Speed
Minimum transfer time
1 day
Banking PartnerWorldfirst (USA)
Customer Service
Online Transfer FeeUSD 0
Exchange Rate UpdatesReal time


  • Competitive exchange rates.
  • Offers spot contracts, forward contracts and hedging options.
  • Weekly updates on market exchange rates.


  • Small numbers of currencies available.

What is World First?

World First is a UK-based foreign exchange company offering innovative services along with standard money transfers. Founded in 2004 as an alternative to transferring money through banks, it today handles exchange services in 140 currencies to 45 countries.

How much will I pay to transfer money with World First?

Because World First is a trusted partner of, our readers will pay nothing for all eligible transfers. Simply click “Go to site” to take advantage of this exclusive offer.

Normally, World First’s fee structure is $10 for transfers of up to $10,000 and no fee for higher amounts.

What types of transfers can you make with World First?

World First only offers bank-to-bank transfers — meaning, funds must be drafted from your bank account, which will then be deposited into your recipient’s bank account. You cannot use cash or a debit or credit card to make the transaction.

While you can’t schedule recurring transfers, World First offers three tools to get the most out of your transfers:
  • Spot contracts. Make a one-time transfer at the time of payment.
  • Forward contracts. Lock in an ideal exchange rate and schedule a transfer now for up to three years later.
  • Limit orders. Use these market orders to execute a money transfer when your ideal exchange rate is met.

Our experience transferring money with World First

Here’s what we found when we sent live transfers to Mexico and France through World First:

  • With World First’s transparent fee structure, we paid a flat $10 fee. But you pay no fee for larger transfers to 56 countries.
  • In addition to low fees, we received exchange rates within 2.14% of the mid-market rate on average, with rates updated multiple times a day.
  • Though we had to call World First for a delivery for our transfer, our funds were deposited into our recipient’s French bank account in a speedy two days.
  • World First’s easy-to-use website allowed us to sign up and initiate a transfer in about 4.5 minutes. You also have the option of initiating a transfer by phone.

money transfer awards logo-mobile

We recognize World First as a winner of the Money Transfer Awards 2017 in the category of Most Convenient.

How are World First’s exchange rates?

World First offers customers the opportunity to view live exchange rates and take advantage of rate graphs and economic commentary to better understand developments in the foreign exchange market.

Because World First takes a smaller margin than banks, it typically able to offer better rates than a bank can. In fact, it backs up its exchange rates with the World First Price Promise.

World First's Price Promise

If you get a better quote from another international transfer service, World First will beat it. You just need to:

  • Register with World First.
  • Inform World First of how much money you’re looking to transfer and the rate you were quoted, including the time of day you received the quote.

Conditions do apply:

  • You must have an active trading account with another provider.
  • You must have the quote in writing or email to send to World First within three hours of receipt.
  • World First cannot give you a rate better than the rate at which they buy the currency.

What do I need to send money through World First?

You’ll first need to sign up for a free World First account. In addition to your name and contact information, you’ll also need to upload a copy of your government-issued ID — such as your passport.

For your first transfer, you’ll need to wire money to your World First account (you can use a direct debit from your account for future transfers). World First will then transfer your money to your recipient’s bank account.

To initiate a transfer, you’ll need:

  • Your recipient’s name and contact information.
  • Your recipient’s bank name, SWIFT code and account number.

How can I register and transfer money?

The first step is to sign up for an account. You’ll need to provide:

  • Your full name and contact information, including an email address.
  • Your country of residence.
  • Date of birth and Social Security number.
  • Proof of government-issued ID, like your driver’s license or passport.
  • Details about your money transfer needs.

Once you have an account, you enter the details of your transaction, including how much money you’re sending, where you’re sending it and who will be receiving the funds. Provide your recipient’s bank account details and the currency you wish to send, and you will be presented with an exchange rate quote.

You can choose to send the money right away or lock in a rate for a future transaction. It’s then a matter of depositing funds with World First from your bank account, and the company will convert the money into your currency of choice and send it to your recipient.

Steps to transfer your money online

step 2 worldfirst money transfer

Enter your name, email address and create and confirm your password. Specify whether you’d like to receive product news and other information from World First. Read the Terms and Conditions and click that you agree to them. Finally, click “Next.”
step 3 worldfirst money transfer

Either enter your Social Security number or check the “Call me for my SSN” box. Click “Next.”
step 4 worldfirst money transfer

step 5 worldfirst money transfer

Estimate how much you expect to transfer over the next year. Finally, tell World First that you heard about them through
step 6 worldfirst money transfer

If you don’t have your passport handy, click “I’ll provide this later.” Now click “Submit.”
step 7 worldfirst money transfer

step 8 worldfirst money transfer

step 9 worldfirst money transfer

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step 10b worldfirst money transfer

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Select your reason for sending the payment, and click “Continue.” Select which bank you’ll be paying through, the amount you’re sending and the date you want to make the transfer (immediately or in the future).

Review the currency exchange rate offered and lock it in for the transaction.

World First will forward bank details that you’ll use to wire your payment to your World First account. Once your transfer is complete, you’ll receive confirmation.
step 14 worldfirst money transfer

Send over 100 currencies with World First

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:

Pros and cons of using World First

  • Transparent fee structure. Pay a flat $10 fee for transfers of up to $10,000 and no fee for larger transfers.
  • Strong exchange rates. Especially when compared with your local bank.
  • Easy-to-use website. We signed up and initiated a transfer in about 4.5 minutes.
  • Live chat. Speak with a representative online or call their customer service line for help from an agent.
  • Two-step process. You must first wire your money to World First, which then deposits the money to your recipient’s bank account.
  • Social Security number and government-issued ID required. This requirement could deter those without either form of ID.
  • High minimum transfers. If you need to send less than $1,000, you may need to find another money transfer provider.
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Frequently asked questions

Yes, the World First app is available from the Apple App Store and the Google Play store. It allows you to place transfers whenever and wherever is convenient.

This depends on the currency you’re sending, the bank you’re using and the size of your transaction. Sterling, U.S. dollars and euros usually transfer the same day that World First receives your cleared funds. With other currencies, it sends your payment out on the date agreed to, but you’ll need to allow one to four days for your funds to reach the recipient.

For your first personal transfer, you will need to send the money by wire transfer. For subsequent transfers, World First is able to receive funds via ACH direct debit.

World First makes the payment to your beneficiary on the date you agree to when you book your trade. Your beneficiary might not be able to access the money right away, as their bank might take some time to clear the funds for them.

World First transfers money to bank accounts only.

Contact the US Private Online Desk at 571-447-4915 or If you get bogged down and use cookies, you may even receive email from World First offering to help.

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4 Responses

  1. Default Gravatar
    AhmadSeptember 3, 2017

    Dear sir, i want to ask (faq)regarding about my uncle in belgium have cash around 10m euro to transfer to me setup a business and buying property in dubai..can i collect cash at dubai ..if ok i will ask my uncle to send money to (wf)using your money service platform for me to collect cash on dubai..pls advise us how to go about and what is the charges from your company to us?

    • Staff
      AdrienneSeptember 4, 2017Staff

      Hi Ahmad,

      Unfortunately there is no money transfer service that will allow you to pick up $10M EUR in cash. However, you can deposit this amount into a bank account in Dubai, which can be done within 2-5 business days if you send through World First. Click “Go to site” from this page to initiate your transfer with no fees.

      Best regards,


  2. Default Gravatar
    PotiergMay 1, 2017

    First time user, how can I be sure that the service is legit. and that my personal info is secure?

    • Staff
      HaroldJuly 4, 2017Staff

      Hi Potierg,

      Thank you for your inquiry.

      Yes it is safe, actually, World First broke the record for fastest international transfer by completing a transaction in 6 minutes and 49 seconds. An established leader in the money transfer business, it takes the duty of protecting your money seriously.
      – Licensed. World First is a licensed money transmitter business that adheres to the rules of the US Office of Foreign Assets Control and Financial Crimes Enforcement Center (FinCen).
      – High credit rating. World First has a 3A2 rating from Dun & Bradstreet, further ensuring that your funds are covered.
      – Segregated client accounts. Your money is kept separate from World First’s money. This makes it easy to identify and protect should anything happen to the company.
      – Award-winning. World First has won several awards for its service, including the 2016 Queen’s Award for Enterprise in International Trade.
      – Years of experience. Founded in 2004, World First has grown from its headquarters in London to include offices in Austin, DC, Hong Kong, Singapore, the Netherlands, and Sydney.

      I hope this information has helped.


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