World First Money Transfer Exchange Rates Versus Banks
Euro and UK pound exchange rates for World First versus high street bank rates, banks typically apply an exchange rate margin of somewhere between 2 and 6 percent on transactions. This means that if you were to make a bank transfer overseas to or from euros using a standard bank service, then you could potentially lose thousands of pounds due to the poor FX margin rate offered by banks.
World First – Foreign Exchange
World First is one of the leading foreign exchange companies in the UK and was founded in 2004 with the sole aim of improving the experience clients have when transferring money around the world. Whether buying property overseas, transferring a pension or salary, or simply making a one-off international payment, World First ensures the process is smooth, hassle-free and cost efficient.Sign Up for a Free Account with World First – Click Here
World First UK Pound and Euro Exchange Rate Comparison
World First aim to secure exchange rates which are as close to the interbank rate as possible. As exchange rates are highly volatile and fluctuate throughout the day, the exact exchange will be confirmed to you the moment the transfer is agreed. UK pound and euro exchange rate examples below:
|Company Name||FX Rate||GBP and EUR||FREE iQuote|
|World First||*0.7%||€1.111 info||Enquire|
|Typical Bank Rates||*1.9 to 6.2%||€1.05 to €1.098 info||Enquire|
|World First||*0.7%||£0.887 info||Enquire|
|Typical Bank Rates||*1.9 to 6.2%||£0.838 to £0.877 info||Enquire|
*Note: A lower FX Rate will give a better exchange rate when transferring money to/from euro. World First can save you up to 5% of the transaction value as their FX margin rates are very low: 0.7%.
World First Awards
World First, the award winning foreign exchange company, which makes it faster, cheaper and easier for private individuals and businesses to move their money overseas. World First won the prestigious 2016 Queen’s Award for Enterprise in International Trade and The Sunday Times HSBC International Track 200 (2015) as well as 2014 European Business Award for Customer Focus and the 2013 Customer Experience Award (financial services – banking and investment).
World First Client Security
They are authorised by the FCA, client funds are safeguarded and held in segregated accounts, and they have strong financials which they are extremely transparent with. If you are looking for a reputable foreign exchange broker, World First would be a good example.
To register with World First, there’s no obligation to trade, sign up free today: click here to register