Spot contracts for business
If you need to make an international payment straight away or with very little notice, a spot contract could be the perfect solution.
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 to a rate and your funds have cleared, we take care of the rest.
Find out the key benefits of choosing WorldFirst for your spot contracts below.
Fast, secure transfers
We’ll get your money there fast – in many cases on the same day or next working day for major currencies.
Keep more of your money
With transparent pricing and no hidden fees, you’ll always know exactly what you’re paying.
Excellent customer service
Make transfers online 24/7 or via your dedicated account manager.
Book a spot contract with WorldFirst in 3 simple steps
Secure a rate
Once your World Account’s set up, tell us who to pay and in what currency and we’ll quote you a rate.
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.
Businesses Trust WorldFirst
- Almost 1,000,000 business have sent $300B around the world with WorldFirst and its partner brands since 2004.
- Your money is also safeguarded with leading financial institutions.
