WorldFirst Currencies & Fees
WorldFirst currently support the world’s major currencies: GBP, USD, EUR, AUD, JPY, NZD, SGD, HKD, CNH, CAD, PLN, CZK, THB, DKK, MXN, AED, SAR, CHF, SEK, NOK, ZAR, RON, ILS, BGN, IDR, PKR, VND, MYR, PHP, HUF, BHD, BWP, KES, LKR, MAD, MUR, and TRY.
You can open currency accounts and collect funds in the following currencies:
GBP, USD, EUR, AUD, JPY, NZD, SGD, HKD, CNH, CAD, PLN, AED and CHF. Our PLN, AED, SEK and CHF currency accounts are non-domiciled.
Please note: that due to current sanctions, you are not able to access RUB.
WorldFirst charge a small $10 for payments under $10K. No payment fee is charged when converting between your WorldFirst accounts.
For more details on WorldFirst exchange rates, service and what their users think read our guide WorldFirst Foreign Transfers Reviewed.
What is the
WorldFirst Business Send Money conversion rate for GBP to USD?
The WorldFirst GBP to USD business exchange rate is 1.365. This is -0.6% compared to the latest GBP-USD mid-market rate 1.3733.
As Business exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to US dollar (USD) rates from different sources before making a conversion.
The above
WorldFirst - Business Sterling to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldFirst and other foreign exchange providers against the latest GBP-USD mid-rate and the possible savings of using various providers.
How do WorldFirst GBP-USD rates compare between providers?
Looking at the full
GBP to USD - Send Money comparison table the provider with the best Business GBP to USD exchange rate is OFX at 1.3685, -0.35% from the latest mid-market rate 1.3733.
The next best is Wise at 1.3671, -0.45% from the mid-rate.
Then Currencies Direct at 1.3661, which is -0.52% from the mid-rate.
The Western Union rate is 1.3596 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.3036 at -5.1% the Royal Bank of Scotland rate is 1.3119 at -4.5% and the Barclays Bank rate is 1.3252 at -3.5% compared to the mid-rate 1.3733.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
like WorldFirst or platforms that offer rates closer to the mid-market rate.