WorldFirst

When making international money transfers there are three t’s you want to get familiar with: 

• Transfer Limits: If you are doing your money transfer online, over the phone or via the app the minimum transfer you can make is $2,000.
• Transfer Speed: Transfers usually take between 1 - 2 days, though if you are transferring USD to a country other than the US you should expect it to take approximately 4 days for it to clear.
• Transfer Fees: $0 transfer fees

Depending on how quickly you want or need your money transferred to your overseas destination you have several WorldFirst products to choose from. The money transfer process is easy - you have the choice of doing your transfer via the WorldFirst App, online or over the phone. Your options are:

You’ve got plenty of options these days when it comes to making an international money transfer, here are some of the reasons to consider using WorldFirst:

• More competitive exchange rates than the major banks
• $0 transfer fees
• $2,000 transfer minimum
• Friendly service - WorldFirst boasts over 400,000+ happy customers around the world  
• Safe and secure. WorldFirst has been around since 2004 and is fully licensed and regulated with ASIC
• Easy as - you can make transactions over the phone, via the WorldFirst app or online
• Be in the know - whether its rate alerts, live graphs or daily economic updates you’re interested in WorldFirst has options to keep you updated on matters that will affect your money   
• It’s won numerous awards covering everything from customer service (UK Customer Experience Awards 2013, to business growth (Investec Hot 100, 2012 & 2013)
• WorldFirst gives back - it has donated over $222,000 to charities
• Did we mention it won a Mozo Experts Choice Award? 

Before you’ll be able to make an overseas money transfer with WorldFirst, you’ll need to register for a personal account. You can do this over the phone or online. It takes around ten minutes to complete the registration process, and as soon as you’re identity has been confirmed you’ll be able to make a transfer - this can be within an hour of registration.  

There are three steps to making a money transfer:

1. Book a rate. When you’re ready to make an overseas money transfer you’ll advise WorldFirst how much you want to send, who to pay and what currency you want to pay it in. WorldFirst will then quote you a rate for that trade.

2. Transfer funds to WorldFirst. You’ll receive an email confirmation which will confirm your trade along with the details of where send your funds and by when. You can transfer your funds to WorldFirst via electronic funds transfer or phone banking.

3. Money is sent out. WorldFirst will convert the funds and transfer the funds to the account requested by you.

Some extras you might want to know:

• While WorldFirst are able to make a same-day payment for USD, Pounds and Euros you should allow up to 4 days for your funds to be cleared.
• When you book a trade with WorldFirst you will receive notification of a ‘funds in’ date. If your payment has not been cleared by the date on the outgoing payment on your trade confirmation your payment will not be sent.
• Be sure to carefully check the account details of where you want your money to be sent as WorldFirst cannot be held responsible for funds that are sent to a wrong account.
• WorldFirst are making the payment to your beneficiary on your behalf so the payment will not be in your name but will have a WorldFirst reference starting with WFPAY.
• In the VERY unlikely event that your funds don’t show up in your beneficiary's account in the expected timeframe, let WorldFirst know and they will investigate and liaise with you regularly until it is sorted out.