Travelex vs. WorldFirst – how do these companies fare when compared head-to-head? Answering this question requires that you pay attention to different factors. If you compare the services of these companies with most banks, you will know why using banks is not in your best interest.
Turning online to find out where the WorldFirst vs. Travelex comparison stands with real customers is a good idea. While WorldFirst gets an average score of 9.2 out of 10 on Feefo, Travelex UK averages at 8.7 out of 10 on Trustpilot. Bear in mind these scores do not always indicate which company you should use.
Pick WorldFirst or Travelex only after you understand the functioning of these companies in detail. The categories this comparison is divided into should help make the task easier:
- Exchange Rates
- Ease of Use
- Regular Overseas Payments
Fund Transfer Fees
Different factors can have a bearing on the fees you have to pay whether you use WorldFirst or Travelex.
- You pay no fees for personal transfers.
- From Singapore, you need to transfer a minimum of SG $2,000.
- You need to send at least HK $10,000 from Hong Kong.
- You will need to pay nominal fees as a business or an online seller.
- You can view the most up-to-date fee structures of different WorldFirst websites by visiting WorldFirst.com/uk/, WorldFirst.com/en-fr/, WorldFirst.com/au/, WorldFirst.com/en-sg/, WorldFirst.com/en-hk/, WorldFirst.com/en-cn/, and WorldFirst.com/en-jp/.
- Depending on the destination country and the amount you wish to transfer, you might qualify for a free transfer.
- If you have to pay a fee, it is a nominal amount, which you find out about before finalizing your transfer.
Ease of Use
Registering as a new customer with both companies is easy – you can start the process online. Once the company you register with verifies your credentials, you can start transferring funds overseas. When it comes to website access in foreign languages, this Travelex vs. WorldFirst comparison favors the former.
- You can apply for a WorldFirst account over the phone.
- Depending on where you reside, you can access the WorldFirst website in English, French, Dutch, Chinese, or Japanese.
- You can pay for your transfer through debit cards, credit cards, electronic bank transfers, CHAPS, and BACS.
- WorldFirst provides apps for devices that run on Android and iOS.
- Travelex operates dedicated websites for countries such as the U.S., the UK, Germany, France, Australia, New Zealand, China, Japan, Brazil, and South Africa.
- Access to most Travelex websites is available in local languages. Some examples include German, French, Italian, Belgian, Dutch, Chinese, Japanese, and Brazilian.
- As a Travelex customer, you can get in touch with a foreign exchange dealer at any time, on any working day.
Regular Overseas Payments
You can turn to WorldFirst or Travelex to set up routine overseas payments. WorldFirst lets you fix rates for your scheduled transfers in advance.
- Get more details on how to activate and redeem your WorldFirst free transfer promotion.
- Who are the best alternatives to WorldFirst near you?
- Find out more info on WorldFirst Review.
- Which is better – UKForex or WorldFirst? Find out yourself.