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International Payments


Preferred programme, specially negotiated for IoD members

Get more for your money when making currency transfers, with competitive exchange rates and an award-winning service from WorldFirst.

Whether you are repatriating earnings, buying or selling overseas properties, or paying international suppliers for your business, WorldFirst can help find a solution that is right for you.

WorldFirst are currency specialists providing a safe and fast alternative to the banks, with exceptional service that’s tailored to your needs and which could reduce the cost of your transfers.

World Account

International business banking should not be a barrier to international trade, it should make it easier. That’s why World First created the World Account – to enable international business banking the way it should be.

With the World Account, IoD members will benefit from:

  • Great foreign exchange rates on all international transfers
  • No fees on FX payments in or out of your currency accounts
  • No opening charges or monthly fees on any of your currency accounts
  • Access to a choice of GBP, EUR, USD, CAD, AUD, NZD, JPY, SGD, MXN, HKD & CNH local accounts opened in the same day 
Find out more

Business International Money Transfer

  • No fees for business money transfers
  • Best exchange rate guarantee1
  • Receive a free foreign exchange assessment for your business
  • Manage currency risk with a range of FX solutions available
Find out more

Personal International Money Transfer

  • No fees for personal money transfers
  • Best exchange rate guarantee1
  • Up to 85 per cent cheaper than the competition on the cost of your transfer compared to using a bank2
  • £30 voucher to use towards one transfer every month3
  • Award-winning service
Find out more

1 You must send the competitor quote in writing/email to WorldFirst within 3 hours of receiving it and they will better it.

2 Calculated from exchange rates obtained using mystery shop data from the FXCompared International Money Transfer Index (IMTI). Based on the cost of making a transfer using 8 different “amounts” from £1,000, to £1,000,000. For our data we have focused on the top currency pairs in the from the UK: GBP to USD/EUR/AUD/HKD. Based on data 05/08/2019 - Updated 06/08/2019. The cost is defined as the difference between the wholesale exchange rate and the rate offered to individuals as part of an international money transfer. Because the WorldFirst fixed pricing tiers are based on annual volumes transacted by our customers, we have averaged out the spreads applied by competitors to transactions of differing amounts in those tiers to calculate an average spread. This average percentage is calculated with the actual spread data collected from these named competitors.

3 Book your transfer online or over the phone and quote promotion code ‘IOD-MONTH-2020’ - replacing ‘MONTH’ with the current month in which you are booking your transfer. Each month’s voucher code is valid until 23:59 GMT on the last day of each calendar month. Read full terms and conditions here.