We can save you money on your exchange rates and money transfers, whatever your reasons for transferring money overseas, whether you are:
- Buying or selling an overseas property
- Buying or selling luxury items
- Repatriating funds
- Making regular payments
Better exchange ratesFirstForex can save you up to 3% on your currency purchases by offering you a more competitive exchange rate than your local bank.
No chargesWe guarantee no transfer charges and no commission fees on amounts over £5000. (For amounts under £5000 there is a fee of £10).
Exchange rate movementsBy purchasing your currency on spot or forward dates, you can avoid any negative exchange rate fluctuations which may affect your final purchase price. If the exchange rate moves you will not be affected, as you have bought currency at an agreed rate. You can actually fix a rate on all your currency requirements up to 24 months forward.
Holding currency on accountYou can purchase all of your currency at the outset, which will fix your liability. If you have a foreign currency account the currency can be placed on deposit to earn interest, to be used when payments are required.
Our simple to use serviceUsing FirstForex couldn’t be easier (see our step by step guide). Our friendly foreign currency experts will provide you with all the help and advice you need, their goal is to make sure that you have the right information and tools required to protect yourself from fluctuating exchange rates when transferring money abroad.
Opening an accountWith FirstForex it is straight forward. All you need to do is complete our online registration form, forms can also be sent to your office or home address and these can then be posted or faxed back to us. Once the registration forms have been received you will be called by a personal account manager who will perform identification checks prior to the activation of the account. There are no fees or charges to register and you are under no obligation to trade with us once you have registered.