World First Money Transfer Review

Company name: World First LTD

Service description: Bank to bank international money transfers via online platform

Website address: www.worldfirst.com

Website Languages: English, French, Japanese and Chinese.

Review Summary: World First has grow and expand over the years, now reaching a worldwide audience with offices on 4 continents and over 300 employees. This way they can better understand the needs of their customers and satisfy the legal boundaries (as certain countries require local regulations to be imposed).

Is World First legit? Their continued care for their customers has led them to win many awards each year since 2009 until today, prove that indeed, they are.

> You can check them in detail below in this WorldFirst Reviewand in additional articles written about them.


World First banner



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World First Fees:

For most countries there is no fee. The only requirement is that the minimum sum for transfers is £1,000.

Some countries, however, have other fee structures. But be assured that they are some of the lowest on the market and are far lower than any bank will charge.

North America – Free as long as you make a transfer of over $10,000. For transfers under $10,000 they charge $10.

Australia – Free as long as you make a transfer for over $10,000. For transfers under $10,000 they charge a flat fee of $15.


World First Foreign Currency – Supported Currencies:

AED – United Arab Emirates Dirham
ALL – Albanian Lek
AMD – Armenian Dram
ANG – Netherlands Antillean Guilder
AOA – Angolan Kwanza
ARS – Argentine Peso
AUD – Australian Dollar
AZN – Azerbaijan New Manat
BAM – Bosnia Herzegovina Marka
BBD – Barbados Dollars
BGN – Bulgarian lev
BHD – Bahrain dinars
BIF – Burundian Franc
BMD – Bermudian Dollar
BND – Brunei Dollar
BOB – Bolivian Boliviano
BRL – Brazilian Real
BSD – Bahamian Dollar
BWP – Botswana Pula
BYR – Belarusian Ruble
BZD – Belize Dollar
CAD – Canadian Dollar
CDF – Congolese Franc
CHF – Swiss Franc
CLP – Chilean Peso
CNH – Chinese Offshore Yuan
CNY – Chinese Yuan
COP – Columbian Peso
CRC – Costa Rican Colon
CVE – Cape Verde Escudo
CZK – Czech Koruna
DJF – Djibouti Franc
DKK – Danish Kroner
DOP – Dominican Peso
DZD – Algerian Dinar
EGP – Egyptian Pound
ERN – Eritrean Nakfa
ETB – Ethiopian Birr
EUR – Euro
FJD – Fijian Dollars
GBP – British Pound
GEL – Georgian Lari
GHS – Ghanaian Cedi

GMD – Gambian Dalasi
GNF – Guinean Franc
GTQ – Guatemalan Quetzal
GYD – Guyanese Dollar
HKD – Hong Kong Dollar
HNL – Honduran Lempira
HRK – Croatian Kuna
HTG – Haitian Gourde
HUF – Hungarian Forint
IDR – Indonesian Rupiah
ILS – Israeli New Shekel
INR – Indian Rupees
IQD – Iraqi Dinar
ISK – Icelandic Kronur
JMD – Jamaican Dollar
JOD – Jordan Dinar
JPY – Japanese Yen
KES – Kenyan Shilling
KHR – Cambodian Riel
KRW – South Korean Won
KWD – Kuwaiti Dinar
KYD – Cayman Island Dollar
KZT – Kazakhstani Tenge
LAK – Laos Kip
LBP – Lebanese Pound
LKR – Sri Lankan Rupee
LRD – Liberian Dollar
LSL – Lesotho Loti
LTL – Lithuanian Lita
LVL – Latvian Lat
MAD – Moroccan Dirham
MGA – Malagsy Ariary
MKD – Macedonian Denar
MNT – Mongolian Tugrik
MRO – Mauritanian Ouguiya
MUR – Mauritian Rupees
MWK – Malawian Kwacha
MXN – Mexican Peso
MYR – Malaysian Ringit
MZN – Mozambican Metical
NAD – Namibian Dollar
NGN – Nigerian Naira
NIO – Nicaraguan Cordoba

NOK – Norwegian Krone
NPR – Nepalese Rupee
NZD – New Zealand Dollar
OMR – Omani Riyal
PEN – Peruvian Nuevo Sol
PGK – Papua New Guinean Kina
PHP – Philippine Peso
PKR – Pakistan Rupees
PLN – Polish Zlotych
PYG – Paraguayan Guarani
QAR – Qatari Rial
RON – Romanian Lei
RSD – Serbian Dinar
RUB – Russian ruble
RWF – Rwandan Franc
SAR – Saudi Arabian Riyal
SBD – Solomon Islands Dollar
SCR – Seychelles Rupee
SEK – Swedish Kronor
SGD – Singapore Dollar
SLL – Sierra Leonean Leone
SRD – Surinamese Dollar
STD – Sao Tome Principe Dobra
SZL – Swaziland Lilangeni
THB – Thai Baht
TND – Tunisian dinar
TOP – Tongan Pa’anga
TRY – Turkish Lira
TTD – Trinidad and Tobago Dollars
TWD – Taiwan New Dollar
TZS – Tanzanian Shilling
UGX – Ugandan Shilling
USD – United States Dollar
UYU – Uruguayan Peso
VEF – Venezuelan Bolivar Fuerte
VND – Vietnamese Dong
VUV – Vanuatu Vatu
WST – Samoan Tala
XCD – East Carribean Dollar
XOF – Central African States CFA Fra
XPF – French Pacific Franc
ZAR – South African Rand
ZMW – Zambian Kwacha


Offices:

Being a company that offers a service that truly serves worldwide customers, WorldFirst has offices in the United States, United Kingdom, Australia, Honk Kong and Singapore. This means they have local offices on 4 different continents.


Regulation:

In order to be able to take on clients from most of the important countries and regions, WorldFirst it is regulated by the Financial Conduct Authority (UK), FinCen (USA), Financial Transactions and Reports Analysis Centre (Canada), ASIC (Australia) and the Customs and Excise Department (Hong Kong).


Mobile App

WorldFirst has developed one of the best mobile app in the market which can help you make a transfer in less than a minute. But why is it good? The fact is that other companies have mostly an app that features a currency converter and, that’s about it. In order to complete a transfer you will still need to go online or talk at the phone with an agent.

With the WorldFirst app you can :

  • Make a trade in 30 seconds (if you already have your payee set up)
  • Make use of their currency converter (like any other app)
  • Track your payments from sender to receiver
  • Live rates for all the currencies (so you can know where the market is)
  • Pay by card – Book a rate and pay all in one place

Press and Awards for World First Ltd UK:

Having a great product or service means that people will talk about it. And the big names in the business sector are talking about WorldFirst with the upmost respect. Here we will list just a few stellar reviews from the top four publications in the market.

yahoothe times

PYmntsLES

 

 

 

 

 

 

And with great acclaim come the awards! Does at least one award every year for the last 6 years sound good enough? We believe so. Here are the most important ones:

*WorldFirst ranked #7 in 2016 in the prestigious The Sunday Times International Track 200. You can take a look at the full list here.

1 23

5 64

 

 

 

 

 

 


Registration Process:

The registration process is very simple and clean with WorldFirst online. The only important notice is the fact that, before starting to transfer money, you will have to verify your identity by submitting a copy of your passport (which must be certified) or a copy of your Driving license (only if you are from UK).

*The copy can be a scan or a very clear photo taken with your smartphone.

id proof

Making your first World First money transfer

Again, a very simple and straight forward approach. You will need to enter all the necessary details of the beneficiary on the form. Things like; Beneficiary name, email, address, bank name and address, account number, SWIFT/BIC .

You will need to provide a name for this beneficiary that will be stored into your account. A name that is representative so you can easily identify it and select it for a future money transfer. You can set up multiple beneficiaries in your account and the next time you need to send money to someone you simply select it and make the transfer without the hassle of providing all the details again. Very helpful for those that make many transfers.

The backend

Your account dashboard is very clean and intuitive, and packed with resources to assist you in every step, any situation. Right from the start you get a small window to let you know where you can get help:

instruction pop up

Other tools that can help you decide when to make the most out of your money (especially if want to send money overseas) are provided in your account interface. For example, a historical currency exchange chart that can be customised according to your needs – you can choose the currency you are interested in and the period of time to show. This way you can see the fluctuations of a certain currency in the past 3 days or 1 month or even 1 year.

currency exchange charts

A very good tool for when you need to make a large money transfer overseas.

News and Articles

At the bottom of your account you will see a ‘News’ section where they have listed the latest news and articles posted on their blog about the market and finance in general. Very useful information that will prepare and give hints to those that are interested in buying properties overseas, investing or simply sending money abroad.

Not keen on reading material? Not a problem, every item of news or article is commented and detailed upon in their daily videos posted on their Youtube channel. So grab a cup of coffee and listen to the most important market news provided by a WorldFirst specialist.

youtube


Support:

World First provides support for every client by providing a dedicated account manager for every account. If you don’t find an answer for your problem in their FAQ section, be sure to give them a call or email at the info provided in your account. If you don’t know where to find it, check the image bellow:

support


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