The world of international payments made easy
With an International Payments Account from WorldFirst, you can pay your overseas suppliers and staff as easily as if they were around the corner.
Speed up international payments
Same-day payments available for major currencies.
Reach out to more suppliers
Pay in 50+ currencies, so you can buy more competitively, from more countries.
Bank-beating exchange rates
Up to 7x cheaper than the banks with margins of 0.60% or less.
Currency Converter
Pricing, often called a margin, is the difference between the rate we buy your currency and the rate we sell it to you.
Most banks and FX providers will not disclose their pricing/margin as it’s hidden in the exchange rate you receive as the customer. Banks can charge as much as 5%, and in many cases a fixed fee is also charged. The true cost of your transfer is the fee plus the margin taken by your provider.
Margins are indicative and determined by transfer volumes. As such, margins are tailored to each business. The ‘Your margin’ field on the currency converter can be adjusted from 0.10% to 0.60% to display a range of customer exchange rates. Learn more about our pricing structure.
Our pricing
| Type | Fees |
|---|---|
| Margin | 0.60% or less |
| Payment fees on transfers of AUD $10K or more^ | $0 |
| Collection/Receiving fees | $0 |
| Account management fees | $0 |
| Opening local currency receiving accounts | $0 |
^Fees will not be charged for most payments. Payments of AUD $10,000 or more are fee free. Our fee structure for smaller payments is as follows**: Payments between $2,000 and $9,999 will incur an AUD $10 fee. Payments less than $2,000 will incur an AUD $20 fee. Fees and/or margins apply to same currency transactions. No opening fees, no account keeping fees and no receiving fees. Payment volumes and fees in AUD or equivalent in foreign currency.
Spot contracts
If you need to make an international payment with very little notice, a spot contract could provide the perfect solution.
You can make a payment as soon as you’ve agreed your rate and we’ve received cleared funds.
Forward contracts
Lock in an exchange rate for up to two years with a forward contract and help protect budgets from adverse currency fluctuations and mitigate risk.
Firm orders
With a firm order, you instruct us to execute a transaction on your behalf at a rate of your choosing.
When the rate hits the level you want we’ll act immediately, leaving you free to concentrate on your business.
Open a free International Payments Account today
Eggzi Australia eyes market domination through using WorldFirst
Businesses trust WorldFirst
Since 2004, more than 250K businesses have utilised WorldFirst to send more than $160B around the world.
