The World First partnership with Virgin Money will see the foreign exchange company power the bank’s new International Money Transfer (IMT) service.
The collaboration will see the foreign exchange company deliver a version of its private client offering to Virgin Money, including a fully responsive microsite and branded online trading platform.
Worldfirst said that the partnership with Virgin will “bring a credible, convenient and cheaper alternative to yet more people who are looking for a better deal on their international payment transfers”.
Here’s how the new service will look like:
“This partnership epitomises the power of the FinTech sector and is a clear demonstration of the ability of businesses, like World First, to positively disrupt traditional markets for the benefit of consumers.
“We’re delighted that Virgin Money recognised our simple, safe and secure proposition as the best match for their customers and we look forward to helping even more people make smarter, cheaper and faster international currency transfers,” said Alex Sullivan, World First chief Commercial officer.
The foreign exchange company has also recently been in the news for its light-hearted prod at Australia’s ‘big four’ banks and the high fees they charge.
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