New! World First teams up with the IoD

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The IoD and money transfer experts World First join forces to offer competitive international currency exchange rates

Members will be able to take advantage of competitive international money transfer exchange rates following the agreement between the IoD and currency firm World First as part of the IoD’s Preferred Programme

Through the new association, businesses and individuals will be entitled to a range of specially negotiated benefits, including a best exchange rate guarantee and no fees for business or personal transfers. World First also offers businesses a free foreign exchange assessment and savings of up to 85 per cent on the cost compared to standard bank transfers.

The IoD relationship underlines World First’s pledge to support SMEs in the global marketplace. “We are committed to supporting small businesses who are increasingly dependent on international trade, from buying supplies abroad to selling to customers across borders,” says Seth Harvey, World First’s global head of partnerships. “We look forward to enabling IoD members to take advantage of the opportunities of international trade by offering them a simple, cost-effective and fuss-free solution to managing their foreign exchange needs.”

According to Louise Gulliver, the IoD’s managing director of professional development, the international payments offer is a much-needed addition to its Preferred portfolio. “Over a third of current members are involved in businesses that have offices or representatives outside the UK and half of current members export,” she says. “Access to favourable exchange rates and international payment solutions are an essential element to positively impact on internationally generated turnover. Moreover, with the recent Brexit vote, FX volatility is a critical consideration for members.”

Exclusive to IoD members

Business international money transfer

• No fees for business money transfers

• Best exchange rate guarantee

• Receive a free foreign exchange assessment for your business

• Manage currency risk with a range of FX solutions available

Personal international money transfer

• No fees for personal money transfers

• Best exchange rate guarantee

• Save up to 85 per cent on the cost of your transfer compared to using a bank

• £30 voucher to use towards one transfer every month

• Award-winning service

020 7129 8291

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