Spot contracts for business: how to book

Spot contracts explained

A spot contract is the simplest form of international payment. We’ll offer you a rate based on a live market rate (or "spot") and you can choose whether or not to transact then and there.

With a spot contract you can make a payment very quickly; as soon as you’ve agreed your rate and we’ve received cleared funds, we then take care of the rest.

Find out the key benefits of choosing WorldFirst for your spot contracts below.

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Fast, secure transfers

We’ll get your money there fast – in most cases on the same day or next working day.

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Keep more of your money

Competitive FX rates with no hidden fees, you’ll always know exactly what you’re paying.

Excellent customer service

Our dedicated relationship managers are available to assist you over the phone, via email or through live chat.

Book a spot contract with WorldFirst in 3 simple steps

Secure a rate

Once your account is set up, tell us who to pay and in what currency and we’ll quote you a rate.

You can access rates either online or by phone.

Send us your money

When you’ve agreed to a rate, we’ll ask you to send us the money by bank transfer before we make your transfer.

Make your payment

Once we’ve received your cleared funds we’ll send your onward payment. Depending on the currency and the destination, payments can arrive on the same day.

Call to find out more on +65 6805 4370

Businesses trust WorldFirst

Since 2004, more than 250K businesses have utilised WorldFirst to send more than $160bn around the world.

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Spot contracts for business